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ICTSI investing $100 M to expand Iraq terminal

13h philstar
MANILA, Philippines — International Container Terminal Services Inc. (ICTSI) is investing $100 million for the expansion of the Basra Gateway Terminal (BGT) in Iraq. (1-0)

Index ends lower on technical correction

2017-10-20 philstar
MANILA, Philippines — The stock market weakened yesterday due to technical correction, pushing the main composite index 66.42 points lower at 8,420.95. The broader All Shares gauge was also lower by 36.68 points to settle at 4,913.79. (1-0)

ICTSI allots $22 M for RTGs

2017-10-19 philstar
MANILA, Philippines — International Container Terminal Services Inc. is spending $22 million to deploy hybrid rubber tired gantries (RTG) at the Manila International Container Terminal (MICT) to boost operations. (1-0)

ICTSI gets BOI recognition for contribution to economy

2017-10-18 philstar
MANILA, Philippines — Listed port operator International Container Terminal Services Inc. (ICTSI) was recently recognized by the Board of Investments (BOI) for its significant contribution to economic growth through job creation, as well as the use of new technologies and inclusive business models in operations. (1-0)

Razon scion to jolt viewers with his ‘faces’

2017-10-12 lifestyle.inquirer.net
With his paint-splattered jeans and fingers, Enrique “Enzo” Santos Razon IV has the look of an artist down pat. In his workspace in Makati, two walls are filled with works in progress as well as several finished paintings, framed and ready for display. (1-0)

ICTSI’s Manila operations hit fresh record

2017-10-12 business.inquirer.net
Tycoon Enrique Razon Jr.’s International Container Terminal Services Inc. (ICTSI) announced that it hit a new record in terms of productivity at its flagship Manila International Container Terminal (MICT). (1-1)

Build Build Build for our country’s prosperity

2017-10-04 philstar
In establishing inclusive growth in the country, it is vital to foster excellent relations with stakeholders who will work together to create programs to achieve the common goal. Good thing to have a government that is eager to deliver results to its constituents. (20-3)

ICTSI takes over 2 PNG terminals

2017-09-25 philstar
MANILA, Philippines — International Container Terminal Services Inc. (ICTSI) has signed deals to operate two international ports in Papua New Guinea (PNG) for 25 years. (6-3)

Ang divests in Manila North Harbor

2017-09-22 philstar
MANILA, Philippines — Tycoon Ramon Ang has decided to exit Manila North Harbor Port Inc. (MNHPI), which has been at the center of a long-running father-and-son feud between construction magnate Reghis Romero II and his estranged son Michael. (20-1)

ICTSI buys Petron’s stake in Manila North Harbor

2017-09-22 bworldonline
INTERNATIONAL Container Terminal Services Inc. (ICTSI) is acquiring Petron Corp.’s 35% stake in Manila North Harbor for P1.75 billion. (1-1)

MRail plans extension of Mla-Laguna freight service to Batangas

2017-09-16 philstar
MANILA, Philippines —  A subsidiary of Manila Electric Co. (Meralco) is looking to extend its proposed freight train project covering Manila to Laguna up to Batangas.

Ricky Razon’s ICTSI still on top

2017-08-16 philstar
ICTSI (International Container Terminal Services Inc. ) chairman Enrique “Ricky” Razon is a long-time friend, and I know him to be one of those businessmen who is a stickler for “doing the right thing” all the time, insisting on the highest standards in every business he gets himself into — a principle that always pays off. One tangible proof is the impressive performance of ICTSI that reported a surge in both revenue and income for the first half of this year.

ICTSI earnings rise 24% in H1

2017-08-08 philstar
MANILA, Philippines - International Container Terminal Services Inc. (ICTSI) reported a 24 percent increase in net earnings in the first half from a year ago due to higher revenue.

Talks resume for P10-B Manila-Laguna rail project

2017-07-19 philstar
MANILA, Philippines -  MRAIL Inc., a subsidiary of Manila Electric Co., has resumed talks with the Philippine National Railways (PNR) for the proposed P10 billion freight train project from Manila to Laguna.

D&L, ICTSI cited among “Top 50 Global Challengers”

2017-07-13 business.inquirer.net
Two Philippine firms – the country’s leading chemical producer D&L Industries and port operator International Container Terminal Services Inc. – landed on the “Top 50 Global Challengers” listed by London-based publication Campden FB.

South-east Asia stocks largely flat ahead of Yellen testimony, Singapore down

2017-07-11 themalaymailonline
Singapore was the biggest decliner in South-east Asia dragged by losses in telecom, industrial and real estate stocks. — Reuters picSINGAPORE, July 11 — Most South-east Asian stock markets moved sideways today in thin trade as investors remained cautious ahead of US Federal Reserve Chair Janet Yellen's monetary policy testimony, which may offer clues on when the Fed would tighten its monetary policy.

ICTSI allots P2 B for Congo River dredging

2017-07-10 philstar
MANILA, Philippines - International Container Terminal Services Inc. (ICTSI) is investing P2.02 billion to dredge the Congo River to enable direct calls of vessels at the ports of Matadi and Boma.

MICT operations ‘healthy,’ gears up for peak season

2017-07-07 philstar
MANILA, Philippines -  The Manila International Container Terminal, the flagship operation of global port operator International Container Terminal Services Inc., continues to perform optimally as the company gears up for the peak season.

Annual Financial Report

2017-06-19 londonstockexchange
(1)        Total return is calculated based on NAV per ordinary share plus dividends reinvested from the payment date and adjusted for the exercise of subscription shares

Phl port operators eye Russia market

2017-06-18 philstar
MANILA, Philippines -  Port operators such as International Container Terminal Services Inc. of tycoon Enrique Razon, Romero- owned RII Builders and Tanco-led Asian Terminals Inc. will have the chance to expand in Russia following the initiatives of the business delegation in the Eurasian country last month.

Local stock price index ends slightly higher despite foreign selling

2017-05-19 business.inquirer.net
The local stock barometer firmed up slightly yesterday as domestic investors picked up shares when the index neared the 7,700 barrier.

ICTSI nets $51.7M

2017-05-09 business.inquirer.net
Razon group-led port operator International Container Terminal Services Inc. (ICTSI) grew net profit in the first quarter by 22.7 percent year-on-year to $51.7 million, as volume growth, tariff rate adjustments at some terminals and new businesses boosted port revenues.

ICTSI upbeat on drawing more customers to Subic port

2017-05-08 philstar
MANILA, Philippines - International Container Terminal Services Inc. (ICTSI) expects to attract more shipping lines and port users at the Subic Bay Freeport after the facility achieved productivity levels at par with that of Manila International Container Terminal (MICT).

ICTSI: Subic port now as productive as flagship Manila port

2017-05-08 business.inquirer.net
The port operations of International Container Terminal Services Inc. (ICTSI) in Subic Bay Freeport now match the productivity of flagship Manila International Container Terminal (MICT), suggesting the emergence of this freeport as a key international gateway.

Dutertenomics in spotlight at BusinessWorld Economic Forum

2017-05-07 philstar
This, among other questions, will be addressed on May 19 at the 2nd BusinessWorld Economic Forum, which has as its theme, “Fueling Philippine Economic Expansion Beyond 2017: The Engines of Growth.”