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ICT FY23 net income down 17% to US $511-M

International Container Terminal Services, the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal, and to various other increases in expenses and liabilities......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

CPA issue: Cebu City to file cases for alleged violations, multiple illegal constructions

CEBU CITY, Philippines – The Office of the Building Official (OBO) in Cebu City has taken legal action against the Cebu Port Authority (CPA) for the alleged multiple violations related to unauthorized construction activities within the port area. This action comes after CPA persisted in building multiple buildings in the port area without the necessary.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Rama stops CPA port project due to permit issues

CEBU CITY, Philippines – Cebu City Mayor Michael Rama ordered City Hall officials to stop the construction of a port at the back of the National Museum after the Cebu Port Authority (CPA) failed to secure a building permit. The mayor even slammed the CPA for the lack of “decency” and “courtesy” due to the.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

Ariella, Janine hindi bet ang pagtanggal ng ‘age limit’ sa Miss Universe?

DAPAT may pamantayan pa rin pagdating sa “age restrictions” ang mga lalahok sa Miss Universe pageant. ‘Yan ang naging pahayag ng beauty queens na sina Ariella Arida at Janine Tugonon kahit sinabi nilang ginagalang nila ang naging desisyon na tanggalin ang age limit sa international competition. Sa programang “Fast Talk with Boy Abunda,” aminado si.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

4 Filipinos among crew members of container ship seized by Iranian authorities

4 Filipinos among crew members of container ship seized by Iranian authorities.....»»

Category: newsSource:  sunstarRelated NewsApr 14th, 2024

Indian Coast Guard ship docks at Manila port amid tensions in South China Sea

Manila [Philippines], March 26 (ANI): Amid tensions in the South China Sea, the Indian Coast Guard ship, Samudra Paheredar docked at the Manila Bay in the Philippines as part of a broader initiative aimed at demonstrating ICG Marine Pollution Response capabilities, the Ministry of Defence (MoD) said in an official release on Tuesday. The ICG ship which arrived at the port on Monday, is on an overseas deployment to ASEAN c.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

'SerbisyoBandera: Bagong port sa Batangas naghahanap ng ‘skilled’ workers

BAGONG bukas na negosyo? Nako, automatic niyan ay naghahanap sila ng mga empleyado. Katulad na lamang ng bagong terminal and shipment port na itinayo sa Brgy. San Juan sa Mabini, Batangas – ang Mabini Batangas Premier Terminal Inc. (MBPTI). Ayon sa presidente ng MBTI na si Dondon Portugal, marami ang pwedeng maging trabaho sa kanilang.....»»

Category: newsSource:  inquirerRelated News3 hr. 51 min. ago

PPA readies P1.5 billion for Leyte, Bohol port projects

The Philippine Ports Authoritywill spend more than P1.5 billion to construct a new port in Leyte and expand an existing one in Bohol to boost trade activities in Visayas......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

Cebu City Hall accuses CPA of privatizing port access road

Cebu City Hall accuses CPA of privatizing port access road.....»»

Category: newsSource:  sunstarRelated NewsApr 18th, 2024

How Will The link To The Port feature of BRT Affect The Project?

How Will The link To The Port feature of BRT Affect The Project?.....»»

Category: newsSource:  sunstarRelated NewsApr 9th, 2024

How Will The link To The Port feature of BRT Affect The Project?

How Will The link To The Port feature of BRT Affect The Project?.....»»

Category: newsSource:  sunstarRelated NewsApr 9th, 2024

Barmm opens Pasalubong Center at Jolo Port

Barmm opens Pasalubong Center at Jolo Port.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Madridejos eyes building own port

Madridejos eyes building own port.....»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

Misamis Oriental port seen to support higher food production goals — DA

The construction of a new port in Misamis Oriental is expected to support the government’s goal of increasing food production, as it is anticipated to enhance the trade capacity of the Mindanao region, according to the Department of Agriculture......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Immigration `winalis’ arrival sticker sa mga biyaherong Pinoy

Simula Abril 1 (Lunes), hindi na bibigyan ng arrival sticker ang mga Pilipino na galing sa ibang bansa kapag dumaan sila sa mga electronic gate na naka-install sa mga international port of entry ng Pilipinas. The post Immigration `winalis’ arrival sticker sa mga biyaherong Pinoy first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 31st, 2024

Marcos hails ICTSI subsidiary ‘success story’

President Marcos yesterday led the launch of the expansion of the Australia subsidiary of the Manila-based International Container Terminal Services Inc., calling the development a “Philippine success story” and harbinger of a “more dynamic and fruitful collaboration” between Manila and Canberra......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

EAM Jaishankar visits Indian Coast Guard Ship Samudra Paheredar in Manila

Manila [Philippines], March 27 (ANI): External Affairs Minister S Jaishankar visited Indian Coast Guard Ship Samudra Paheredar on Tuesday during its port call to Manila and said that India's Act East policy and Indo-Pacific vision will continue to give it a more contemporary form. He presented his remarks at the Indian Coast Guard Ship Samudra Paheredar on Tuesday and said that his visit and the ship's presence signify th.....»»

Category: newsSource:  manilanewsRelated NewsMar 27th, 2024

DFA: Filipino seafarers held by Iran to be released soon

Iranian authorities seized the Portuguese-flagged MSC Aries on Saturday morning near the Strait of Hormuz, saying the container ship is related to Israel. .....»»

Category: newsSource:  philstarRelated NewsApr 16th, 2024

4 Pinoys among crew of ship seized by Iran

Four Filipino seafarers are among those on board the container ship MSC Aries seized by Iranian forces on Saturday, the Department of Migrant Workers (DMW) has confirmed......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2024

Philippines says 4 Filipino sailors aboard ship seized by Iranian forces

MANILA, April 14 (Xinhua) -- The Philippines on Sunday said four Filipino sailors were among the crew of a container ship seized by Iranian forces in the Persian Gulf on Saturday. In a statement, the Philippines' Department of Migrant Workers confirmed the seizure of the vessel MSC Aries "with four Filipino seafarers on board," adding that it has contacted the families of the four sailors. The Philippine.....»»

Category: newsSource:  manilanewsRelated NewsApr 14th, 2024