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Wednesday, 28 January 2026, 8:51 am

    Tag: ICTSI

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    ICTSI reports surge in 2024 net income on strong operations, one-off gains

    Corporate Context.ph Context.ph -
    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

    Corporate Context.ph Context.ph -
    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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    Manila Water locks in P27B loan for Wawa acquisition

    Banking & Insurance 0
    Manila Water Co. Inc., the east zone water concessionaire controlled by tycoon Enrique Razon, has secured a 15-year, P27-billion loan from BDO Unibank Inc. to fund its acquisition of WawaJVCo. Inc., strengthening its grip on a critical water source for Metro Manila.

    Auto industry eyes elusive half-million sales mark

    Transport & Communications 0
    After a largely flat 2025, the Philippine automotive industry is gearing up for a long-awaited breakthrough, with vehicle sales projected to finally surpass the 500,000-unit mark this year, according to the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI).

    Banks, DTI forge startup growth pact

    Banking & Insurance 0
    Global financial institutions are deepening ties with the Department of Trade and Industry (DTI) to accelerate Philippine startup growth and expand innovation links across ASEAN and Japan.

    PCC clears Japanese firm’s Cebu Landmasters deal

    Economy 0
    The Philippine Competition Commission (PCC) has approved the entry of Singapore-based NTT UD Asia Pte. Ltd. into Cebu Landmasters Inc.’s Luzon expansion vehicle, clearing the way for the foreign developer to acquire a 40-percent stake in CLI Luzon.

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    Context.ph is a business news and features website based in the Philippines. Our goal is to provide readers easily digestible articles to help people better understand the news and make informed decisions.

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    Economy seen rebounding in Q4, but full-year growth still below target

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    The Philippine economy is expected to grow faster in the fourth quarter, helping soften what has been a weak second half of the year, though full-year growth will likely remain below the government’s target.
    Banking & Insurance

    Manila Water locks in P27B loan for Wawa acquisition

    0
    Manila Water Co. Inc., the east zone water concessionaire controlled by tycoon Enrique Razon, has secured a 15-year, P27-billion loan from BDO Unibank Inc. to fund its acquisition of WawaJVCo. Inc., strengthening its grip on a critical water source for Metro Manila.
    Transport & Communications

    Auto industry eyes elusive half-million sales mark

    0
    After a largely flat 2025, the Philippine automotive industry is gearing up for a long-awaited breakthrough, with vehicle sales projected to finally surpass the 500,000-unit mark this year, according to the Chamber of Automotive Manufacturers of the Philippines Inc. (CAMPI).
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