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) has signed an agreement with the Philippine Space Agency (PhilSA) to use satellite imagery in assessing climate and environmental risks, a move aimed at strengthening financial stability and improving economic decision-making.
Collins Aerospace, a unit of US-based aerospace and defense giant RTX Corporation, is expanding its operations at the First Philippine Industrial Park (FPIP) in Tanauan City, Batangas.