Thursday, 15 January 2026, 4:21 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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    Transmission charges dip in January bills, helping homes and businesses

    Electricity consumers will pay slightly lower transmission charges in their January 2026 power bills, the National Grid Corporation of the Philippines (NGCP) said.

    Jollibee to stay focused on growth despite international spin-off

    Jollibee Foods Corp. said Wednesday it will continue focusing on growing its business even as it moves forward with plans to spin off its international operations.

    Megaworld raises stake on office future

    Property giant Megaworld Corp. is expanding its office platform with the launch of a new leasing group, a move aimed at reinforcing its position as the Philippines’ largest office developer while advancing its goal of building a 2-million-square-meter leasable office portfolio.

    Visa, GCash launch cross-border wallet funding for Filipinos

    Visa has partnered with GCash and makes it easier and safer to send money from abroad directly to GCash wallets in the Philippines. Through Visa Direct, individuals and businesses worldwide can now transfer funds straight to GCash, benefiting more than 90 million users with faster and more convenient access to overseas money.

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