Tag: ICTSI

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ICTSI expands boldly in the Middle East despite tensions

International Container Terminal Services Inc. (ICTSI) is pressing ahead with expansion and acquisitions even as geopolitical tensions in the Middle East begin to ripple across global shipping routes and costs.

ICTSI locks in Melbourne Port future

International Container Terminal Services Inc, a Philippine-listed global port operator, said its wholly owned unit Victoria International Container Terminal Ltd has secured a 26-year extension to operate and manage Webb Dock East at the Port of Melbourne, stretching the contract expiry from 2040 to 2066, a fresh long-term reason for investors to stay put.

ICTSI takes helm at Durban terminal

International Container Terminal Services Inc. (ICTSI), the global ports operator led by billionaire Enrique Razon Jr., has initiated formal management integration at Durban Container Terminal Pier 2 (DCT2), a major step in one of South Africa’s most significant port partnerships.

ICTSI’s Tecon Suape wins Ocean Friend seal

Tecon Suape S.A. (TSSA), the Pernambuco-based container terminal of International Container Terminal Services, Inc. (ICTSI), has reinforced its green credentials after earning the 2025 Ocean Friend seal, one of Brazil’s key recognitions for environmental responsibility in port operations.

ICTSI gets 2058 extension for Subic, plans USD130M investment

Subic Bay International Terminals Corp. (SBITC) and ICTSI Subic Inc. (ISI), both subsidiaries of International Container Terminal Services Inc. (ICTSI), have secured extensions of their operating concessions from the Subic Bay Metropolitan Authority (SBMA).

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SSS raises Century Properties stake to nearly 10%

The Social Security System (SSS) has increased its stake in Century Properties Group Inc. (CPG) to about 9.9 percent, deepening its investment in the listed property developer and signaling continued institutional confidence in the company's long-term growth strategy.

EastWest in Tesla Philippines exclusive August 10 electric vehicle event 

East West Banking Corporation (EastWest) has teamed up with Tesla Philippines once again to give its select clients special access to premium electric vehicle experiences and offers. This follows the success of their first private gathering held last May 2026 at Tesla Center Manila.

BPI digital supply chain financing triples in value amid rising business adoption

Bank of the Philippine Islands (BPI) is speeding up the digital transformation of business financing, with transactions under its Digital Supply Chain Financing Program growing more than three times in value during 2025. This sharp increase shows that more companies and suppliers across the country are choosing to use the service.

₱38 trillion forest plan to create jobs, boost rural livelihoods

The Department of Environment and Natural Resources (DENR) has introduced a new policy to unlock an estimated ₱38 trillion in production value from Philippine forests between 2027 and 2052, aiming to create jobs and raise rural incomes while protecting natural resources. DENR Administrative Order No. 2026-34 sets clear rules to identify and develop suitable forest lands through responsible, climate-friendly investments.

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