Tag: ICTSI

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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.

ICTSI ends Indonesia port subsidiary operations

Corporate Context.ph Context.ph -
International Container Terminal Services Inc., the world’s largest independent port operator, said Tuesday it mutually agreed with PT Pelabuhan Indonesia IV, or Pelindo IV, not to extend a 2006 contract for the operation of a port in South Suluwesi.
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Philippine startup funding doubles as deal activity falls

Trade & Investments 0
Philippine startup funding more than doubled in the first half of 2026, but a shrinking number of transactions revealed a market increasingly reliant on a few large deals rather than broad-based investor participation.

BCDA, AG&P explore LNG power, AI infrastructure development

Communications & Technology 0
The Bases Conversion and Development Authority (BCDA) has partnered with Singapore-based Atlantic, Gulf and Pacific (AG&P) Group to study the potential development of a liquefied natural gas (LNG)-powered plant and artificial intelligence-ready digital infrastructure in New Clark City, as the emerging economic hub seeks to accommodate more technology-intensive industries.

DigiPlus abandons New Zealand license bid

Corporate 0
DigiPlus Interactive Corp. announced Wednesday it is withdrawing from final bidding rounds for New Zealand’s online gaming license, following updated market analysis.

New DICT chief De Claro vows to fast-track PH digital transformation

Communications & Technology 0
Newly appointed Department of Information and Communications Technology (DICT) Secretary Robert Joseph Montes de Claro has committed to accelerating the country's digital shift and delivering better public services.

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