Tuesday, 20 January 2026, 7:51 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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    InLife sells HMO, sharpens core focus

    Insular Life (InLife) has completed the sale of its shareholdings in iCare HMO to Singapore-based Value-Based Health Care PF Pte. Ltd. (VBHC), marking a decisive step in the insurer’s long-term strategy to streamline operations and double down on its core strengths. The transaction remains subject to regulatory approval.

    Orchestra of the Filipino Youth kicks off 2026 season with Tchaikovsky tribute

    The Orchestra of the Filipino Youth (OFY) opens its 2026 concert season with ELEVATE: Triumphs of Tchaikovsky on February 1, 2026, at the Proscenium Theater, Rockwell. The performance spotlights the nation’s young classical musicians, celebrating their growth, discipline, and artistic excellence.

    MAP Charts ASEAN Ambitions, National Impact

    The Management Association of the Philippines (MAP), under newly installed president Donald Lim, is repositioning itself as a more outward-looking, action-oriented organization—one that aims to play a deeper role in nation-building while asserting a stronger private sector voice in ASEAN that ultimately benefits Filipinos.

    PH leads ASEAN energy agenda, eyes sector benefits

    The Department of Energy (DOE) is confident the power sector will gain as the country leads regional energy discussions under its ASEAN chairmanship. The Philippines will host the ASEAN Special Senior Officials Meeting on Energy (SOME) and related meetings in Bohol from January 20 to 22, 2026.

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