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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

Katrina Razon: Everyone is a steward for a new way forward

When it comes to sustainability, creating social impact and striving for a regenerative future, Katrina Razon, daughter of ports tycoon Enrique Razon, walks the talk......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

Capitol mulls putting ‘integrated south bus’ terminal in Talisay instead of at SRP

CEBU CITY, Philippines — Instead of at the South Road Properties (SRP), the new location of a new south bus terminal in Cebu might be in Talisay City. Cebu Gov. Gwendolyn Garcia on Wednesday, Mar. 27, said that they had received an unsolicited proposal of developing a brand new, south bus terminal. READ: Mayor Rama.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

ICTSI outlines net zero plan

Logistics giant International Container Terminal Services Inc. (ICTSI) has pledged to scale down its carbon footprint by 26 percent by 2030 as part of measures to become net zero......»»

Category: newsSource:  philstarRelated NewsJan 13th, 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 NewsApr 25th, 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

Razon unit strengthens exposure in water infrastructure

The Razon Group’s joint venture with a privately owned Australian construction company plans to beef up its presence in the water infrastructure space to support its growth in the coming years......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Water under the bridge

Last year, Razon-led Prime Infrastructure Capital Inc. and Lopez-owned First Gen Corp. said they were in discussions to develop a gas aggregation framework using the latter’s liquified natural gas (LNG) terminal in Batangas......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Search for missing labor activist expands in 1st month of disappearance

It has been more than a month since his disappearance but Lariosa remains missing. The effect of his abduction rippled down to other organizers in the Southern Mindanao region. The United Nations (UN) has identified that enforced disappearance is a frequently used strategy to spread terror, not only to the close relatives of the disappeared but also to their communities. The post Search for missing labor activist expands in 1st month of disappearance appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMay 14th, 2024

Airspeed expands operations with the opening of a new healthcare facility

Airspeed expands operations with the opening of a new healthcare facility.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Cibo expands outside Manila, opens branch in Metro Cebu

Cibo expands outside Manila, opens branch in Metro Cebu.....»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

Largest retail store expands home delivery in Davao

Largest retail store expands home delivery in Davao.....»»

Category: newsSource:  sunstarRelated NewsJan 15th, 2024

Homegrown company expands product offering for Sinulog

Homegrown company expands product offering for Sinulog.....»»

Category: newsSource:  sunstarRelated NewsJan 14th, 2024

ICTSI to build $800 million terminal in Batangas

International Container Terminal Services Inc., the listed ports giant led by tycoon Enrique Razon, has no desire of slowing down its domestic expansion, as it will invest $800 million to build a container terminal in Batangas......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

Drayber, konduktor sa bus sa Ecoland terminal gipaubos sa drug test

Drayber, konduktor sa bus sa Ecoland terminal gipaubos sa drug test.....»»

Category: newsSource:  sunstarRelated NewsMar 27th, 2024

Bus, ferry terminal sa CSCR giduso

Bus, ferry terminal sa CSCR giduso.....»»

Category: newsSource:  sunstarRelated NewsMar 24th, 2024

Capitol’s share from terminal fees increases

Capitol’s share from terminal fees increases.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

New NAIA terminal eyed at Nayon site

A new passenger terminal will rise at the Ninoy Aquino International Airport in three years, as part of the project of the new concessionaire led by San Miguel Corp. to expand the country’s premier gateway to accommodate the growing demand for air travel......»»

Category: newsSource:  philstarRelated NewsMar 18th, 2024

Manila Harbour Center rebrands to Manila Multipurpose Terminal

The Manila Harbour Center is changing its name to the Manila Multipurpose Terminal as part of its facelift and rebranding to widen its local and global network......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024