Tag: ICTSI

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ICTSI boosts South Africa reade, supply chains 

Philippine port operator International Container Terminal Services Inc. (ICTSI) is set to strengthen South Africa’s trade and logistics sector as it begins managing and developing the Durban Container Terminal Pier 2 (DCT2) under a 25-year partnership with state-owned Transnet.

Museo del Galeon: The voyage begins May 1

The galleon is sailing again, at least in spirit, and this time it is anchored in Manila as a story of heritage,  high ambition and history finally opens its doors to the public.

ICTSI divests Yantai Terminal stake for P6.76B

International Container Terminal Services Inc. (ICTSI), the global port operator of billionaire Enrique Razon Jr., announced the sale of its entire 51 percent stake in Yantai International Container Terminal Ltd. (YICTL), a container port operator in China, in a transaction valued at P6.76 billion.

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.

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BIR sets year-end deadline for e-invoicing compliance

Businesses covered by the Bureau of Internal Revenue’s (BIR) electronic invoicing mandate have until year-end to upgrade billing and accounting systems, potentially adding to software, technology and training costs.

Philippine-EU trade deal key as GSP+ exit nears

The Philippines is pushing for a free trade agreement (FTA) with the European Union to protect preferential market access and shield exporters from higher tariffs as the country moves closer to losing eligibility for the EU’s Generalized Scheme of Preferences Plus (GSP+).

UK seeks immediate trade gains with Philippines

The United Kingdom is seeking to deepen trade and investment ties with the Philippines without waiting for Manila’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), signaling a parallel approach to bilateral and regional economic integration.

Taiwan firm brings robotics manufacturing to Batangas

Taiwan-based CQS Precision Die Casting Inc. is expanding into the Philippines with a new manufacturing facility in Batangas, adding robotics production to the industrial mix at LIMA Estate.

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