International Container Terminal Services, Inc. (ICTSI) has locked in another 26 years of operations at Australia's busiest container gateway, extending its Melbourne terminal concession to 2066 and reinforcing the long-term earnings visibility of one of its flagship overseas assets.
Early coordination between the Bureau of Customs (BOC) and International Container Terminal Services, Inc. (ICTSI) is expected to significantly improve trade efficiency as the South Luzon Container Terminal (SLCT) moves closer to completion, signaling a more integrated approach to port development and customs operations in the Philippines.
International Container Terminal Services, Inc. (ICTSI) is ramping up its Brazil operations as its Rio Brasil Terminal (RBT) at the Port of Rio de Janeiro receives two new quay cranes, a move that strengthens its long-term expansion and modernization drive.
Companies and foundations linked to tycoon Enrique K. Razon Jr. have launched a coordinated humanitarian response following the magnitude 7.8 earthquake that struck southern Mindanao on June 8, mobilizing logistics, utilities, and community resources to support relief operations in General Santos City and Sarangani.
The arrival of Maersk's PH6 service at the Visayas Container Terminal (VCT) in Iloilo marks more than the addition of another shipping route. It signals the growing importance of Western Visayas in the country's evolving logistics landscape and strengthens Iloilo's role as a regional trade gateway.
Aboitiz Foundation is growing its partnerships with local groups across Cebu to boost community-led forest restoration under its CarbonPH climate initiative. Working with officials in Danao City and Balamban, the foundation is providing training and resources to help residents restore forests while building sustainable livelihoods.
The Departments of Trade and Industry (DTI) and Agriculture (DA) have intensified joint market inspections to keep rice and other essential goods fairly priced, signaling closer government oversight as authorities seek to contain food inflation and protect consumers' purchasing power.
Manila Electric Company (Meralco), headed by Manuel V. Pangilinan, is pushing ahead with improvements to its Elevated Metering Transformation (EMX) as part of ongoing efforts to modernize its power distribution system.