Rappler's latest stories on International Container Terminal Services Incorporated
Coronavirus sinks ICTSI's profits by 18% in Q1 2020, cuts capex by 60%
ICTSI's profits drop as the coronavirus pandemic cripples global trade
ICTSI makes move into Papua New Guinea
The listed port operator enters the Oceania market as its subsidiaries sign deals to run international ports in Motukea and Lae
ICTSI buys Petron's stake in Manila North Harbor
In a P1.75-billion deal, Petron divests from the Manila North Harbor to focus on its core business
Termination of Nigeria contract pulls ICTSI's income to over $100M
The 24 surge in net income comes amid higher interest and financing charges as well as higher depreciation and amortization expenses
Big business winners, losers in Duterte's 1st year
The stock price of Dennis Uy s Phoenix Petroleum increased about 92 from July last year while Ongpin associated Philweb s stock price fell 46 3
Razon-led ICTSI ends contract with Port of Portland
ICTSI will pay the Port of Portland 11 45 million in compensation and return the equipment it bought when it took over management of the terminal in 2011
Duterte hosts intimate dinner for top businessmen
The 3 hour dinner is organized by former president and now Deputy Speaker Gloria Macapagal Arroyo and Presidential Consultant for Entrepreneurship Joey Concepcion
ICTSI proposes $30M barge, RoRo terminal in Cavite
Transshipping cargo from Manila s ports to Cavite via barge and RoRo equates to approximately 140 000 fewer truck trips plying city roads annually
Razon group plans to renovate Rizal Memorial Coliseum, add malls
Within the walls and facade of Rizal stadium will rise contemporary buildings that will house modern offices and commercial areas run by smart technologies the group s proposal says
ICTSI's Razon gets subpoena over estafa complaint
This stems from a criminal complaint of an E Razon Incorporated stockholder claiming P250 million worth of ICTSI shares
ICTSI to open new port terminal in Congo in August
The new terminal will be located in Matadi the chief sea port in Congo
Global CEOs still have high hopes for China
China will still remain as one of the most important capital markets in the world says the chairman of Japan s ORIX Corporation
ICTSI raises $450M for 2015 capital spending
The port operator raises the fund through the issuance of perpetual bonds
Davao Sasa project attracts 5 investors
San Miguel ICTSI and Singapore s Portek are among the 5 groups that want to bid for the Davao Sasa modernization project
ICTSI not keen on Davao Sasa seaport project
We may not bid for that says ICTSI chairman Enrique Razon Jr when asked about the P17 B first seaport public private partnership project of the Aquino administration
PH port operator plans Africa expansion
ICTSI Chairman Enrique Razon Jr says the firm is eyeing two ports in Africa as it continues its global expansion
Port congestion ‘completely over’ – Malacañang
The congestion issue is resolved despite higher than normal volumes handled during the first quarter Malacañang says
N. Mindanao ready to break into int’l trade?
Opportunities abound in agriculture food processing service related industries and trade infrastructure services
Port congestion fixed, Malacañang says
The volume of cargo ship in and out of the seaports in the Philippines also grew faster in 2014 amid the congestion the Philippine Ports Authority reports
Manila ports less congested now, says ports agency
The continued decline in the utilization level of the Manila ports is a clear manifestation of a healthy government and private sector partnership the Philippine Ports Authority chief says
ICTSI boosts Manila, Subic port capacities
The port management firm adds 4 new generation reach stackers to its fleet to handle growing volumes in and out of Luzon
9 giant firms lead Yolanda rehab
UPDATED Rehabilitation Secretary Panfilo Lacson says the private sector should be engaged and government should [only] be the fallback
