Thursday, 26 February 2026, 9:52 am

    Tag: ICTSI

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    ICTSI expands footprint in Brazil

    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.

    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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    Pag-IBIG windfall powers homes, dividends

    State-run housing lender Pag-IBIG Fund booked a near 50 percent jump in investment income in 2025, fortifying its balance sheet and sharpening its capacity to bankroll affordable homes.

    Maya weighs dual PH, US listing to raise growth funds

    Financial technology firm Maya is considering listing its shares in both the Philippines and the United States as it looks to raise fresh capital to support expansion.

    DOE chief backs private sector lead in 2026 coal bid round

    Department of Energy (DOE) Secretary Sharon Garin said she prefers private firms to take the lead in the government’s upcoming coal resource bidding, stressing that state-run companies should not compete with the private sector unless necessary.

    Meralco posts record P50.57B profit on strong generation growth

    The Manila Electric Co. (Meralco) reported a record net income of P50.57 billion in 2025, up 9 percent from P46.47 billion in 2024, driven by stronger contributions from its power distribution and generation businesses.

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