Tag: ICTSI

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SBMA lets Subic port operator collect wharfage fees

The Subic Bay Metropolitan Authority is handing a key port payment function to private operator Subic Bay International Terminal Corp., aiming to make fee collection faster and less cumbersome for businesses using the Port of Subic.

EJMT connectivity push targets East Java trade growth 

The East Java Multipurpose Terminal is seeking to strengthen logistics links between East Java and Eastern Indonesia, a move that could widen market access, improve cargo flows, and give businesses more options for moving goods across the archipelago.

ICTSI Q2 profit climbs on port expansion

International Container Terminal Services Inc. (ICTSI) sustained its growth momentum in the second quarter as newly acquired terminals and resilient cargo demand helped cushion...

ICTSI terminal handles biggest container ship in Poland history

International Container Terminal Services Inc. (ICTSI) has strengthened its foothold in Europe's growing logistics market after its Baltic Container Terminal (BCT) in Poland welcomed...

ICTSI pays $130M to sustain Brazil expansion

International Container Terminal Services Inc. (ICTSI) is paying USD130 million to expand deeper into Brazil, bullish on the prospect that the South American country's booming agricultural exports will fuel its next phase of growth.

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Central banks must adopt for AI era— BSP chief

Central banks around the world must prepare to seize both the opportunities and navigate the challenges brought by artificial intelligence while upholding their key missions of keeping prices steady and financial systems secure.

STI Holdings’ assets climb 10% to P18.7B

STI Education Systems Holdings Inc. (STI Holdings) grew its consolidated assets by 10 percent to P18.69 billion in the financial year ended June 2026, as strong tertiary enrollment and continued investments in campus infrastructure and education technology supported its financial performance.

Monde Nissin trims capex, targets premium noodle market growth

Monde Nissin Corp. has reduced its 2026 capital expenditure budget to P5.4 billion from about P6.5 billion, prioritizing a new biscuit manufacturing plant in Northern Luzon as it navigates softer noodle volumes and intensifying competition from premium imports.

ERC issues show cause orders against power firms over excessive unplanned outages

The Energy Regulatory Commission (ERC) has stepped up its drive to keep electricity supply steady, issuing 24 show cause orders to 13 power generation companies whose facilities repeatedly went offline beyond allowed limits. Released on October 14, 2026, these orders require the firms to submit verified explanations on why their units exceeded the allowable equivalent unplanned outage limits set under existing reliability rules.

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