International Container Terminal Services, Inc. (ICTSI), through its wholly owned subsidiary ICTSI Americas B.V., has acquired a 47 percent stake in FII Inhaúma (Inhauma Fundo de Investmento Imobiliario—FII), securing strategic real estate for its long-term expansion plans in Brazil.
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.
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.
The Bangko Sentral ng Pilipinas (BSP) expects inflation in February 2026 to settle between 2.3 percent and 3.1 percent, staying within the government’s 2 to 4 percent target range.
The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) is accelerating efforts to attract Chinese investments as it gears up to host the ASEAN-Chinese Business Leaders Summit in Metro Manila from October 18–20, 2026.
SM Hotels and Conventions Corp. is set to broaden its presence in the Meetings, Incentives, Conferences, and Exhibitions (MICE) sector with three new SMX Trade Halls slated to open across Luzon by fourth quarter of 2026.