Tag: ICTSI

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ICTSI takes helm at Durban terminal

Corporate Context.ph Context.ph -
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

Corporate Bulletins Context.ph Context.ph -
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

Transport & Logistics Context.ph Context.ph -
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).

ICTSI expands footprint in Brazil

Corporate Context.ph Context.ph -
International Container Terminal Services, Inc. (ICTSI), through its wholly owned subsidiary ICTSI Americas B.V., has acquired a 47 percent stake in FII Inhaúma (Inhauma Fundo de Investmento Imobiliario—FII), securing strategic real estate for its long-term expansion plans in Brazil.

ICTSI reports surge in 2024 net income on strong operations, one-off gains

Corporate Context.ph Context.ph -
International Container Terminal Services, Inc. (ICTSI), the Razon-led global port operator, reported a robust 66 percent increase in net income for 2024, reaching USD849.80 million, compared to USD511.53 million in 2023.
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DA, DPWH seal P71.5M Tarlac farm-to-market road deal

Agriculture 0
The Department of Agriculture (DA) and the Department of Public Works and Highways (DPWH) are moving P71.52 million worth of farm-to-market road projects in Concepcion, Tarlac to the bidding stage, strengthening transport links between farming communities and markets.

Philippines to adopt India’s UPI for digital payments

Finance 0
The Philippines will adopt India’s Unified Payments Interface (UPI) technology as part of a push to modernize the country’s digital payments system, starting with faster government aid disbursements through Land Bank of the Philippines and potentially extending to cross-border payments.

EastWest powers Philippine Travel Mart 2026 as official credit card partner 

Corporate Bulletins 0
EastWest wrapped up a successful run as the official credit card partner for the 2026 Philippine Travel Mart (PTM), delivering exclusive deals and flexible payment solutions to attendees throughout the three-day event. Held from September 4 to 6 at SMX Convention Center Manila, the country’s longest-running travel trade exhibition drew over 20,000 visitors and nearly 300 exhibitors featuring destinations, accommodations, tours, and travel experiences from across the Philippines.

BSP warns public vs scammers impersonating its officials, using fake accounts

Banking & Insurance 0
The Bangko Sentral ng Pilipinas (BSP) has issued a public advisory warning against fraudulent schemes where individuals falsely present themselves as BSP officials or employees to deceive people.

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