Monday, 19 January 2026, 5:16 am

    Tag: ICTSI

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    ICTSI reports surge in 2024 net income on strong operations, one-off gains

    International Container Terminal Services, Inc. (ICTSI), the Razon-led global port operator, reported a robust 66 percent increase in net income for 2024, reaching USD849.80 million, compared to USD511.53 million in 2023.

    ICTSI ends Indonesia port subsidiary operations

    International Container Terminal Services Inc., the world’s largest independent port operator, said Tuesday it mutually agreed with PT Pelabuhan Indonesia IV, or Pelindo IV, not to extend a 2006 contract for the operation of a port in South Suluwesi.

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    CREC sets $2B capex for 2026, flags weak peso as risk

    Citicore Renewable Energy Corp. (CREC) has set aside up to $2 billion in capital spending for 2026, double last year’s roughly $1 billion budget, as it ramps up renewable energy and battery storage projects.

    Fuel prices seen rising by more than P1 per liter this week

    Motorists should expect another big increase in fuel prices this Tuesday, with some products likely going up by more than P1 per liter.

    Love, ledgers, and the price of forever

    Getting married these days isn’t just about saying “I do.” It’s also saying yes to spreadsheets, supplier negotiations, and an accidental minor in macroeconomics—because love may be priceless, but weddings most certainly are not.

    Megawide to start Baguio transport terminal construction by Q3 2026

    Megawide Construction Corp. said it plans to begin construction of the P1.2-billion Baguio City Integrated Terminal (BCIT) by the third quarter of 2026, with completion expected in about two years.

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