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.
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.
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.
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.
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).
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.
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.
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.
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.