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 country’s sugar industry has submitted a unified manifesto to the Department of Agriculture (DA) and the Sugar Regulatory Administration (SRA), calling for tighter regulation of artificial sweeteners and other sugar substitutes.
The Department of Energy (DOE) is pushing a major acceleration of the country’s net-metering program by enforcing strict, time-bound permit processing across local governments—an overhaul the agency said will significantly speed up solar installations for households and businesses.
The Jollibee Group is highlighting its Danao Commissary in Cebu as a showcase of how sustainability can be built into manufacturing and logistics from the very beginning, rather than added as an afterthought.
Transportation Secretary Giovanni Lopez has directed the Civil Aviation Authority of the Philippines (CAAP) to set aside P200 million to P300 million to relocate National Grid Corporation of the Philippines (NGCP) transmission lines that are preventing full use of the Bicol International Airport (BIA) runway.