Recent Posts

ICTSI Successfully Prices New Senior Unsecured Notes

International Container Terminal Services, Inc. (“ICTSI” or the “Issuer”), successfully priced a US$400 million offering of 10-year senior unsecured notes (the “Notes”). The offering will mark ICTSI’s return to the senior unsecured notes market, having last completed a fixed-for-life perpetual capital securities transaction in January 2018.

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Approaching business resiliency amid supply chain disruptions

Supply Chain managers have long been familiar with managing the fluctuations in supply and demand to minimize risks. The arrival of COVID-19, however, has created unprecedented challenges not only on supply chains’ key performance indicators but also on people’s lives and the foundation of global and national economies.

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Tackling Cyberattacks, Fraud Amid COVID-19

The current COVID-19 pandemic proves to be the biggest test on how today’s flexible working practices enable employees to stay productive while working remotely. Cybercriminals, however, are making it clear that they are not taking any time off as cyberattacks continue to rise, targeting individuals and organizations alike.

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May Inflation Eases to 2.1 Percent

Year-on-year headline inflation eased to 2.1 percent in May from 2.2 percent in the previous month and was within the BSP’s expected range of 1.9-2.7 percent for the month. The resulting year-to-date average inflation rate of 2.5 percent was within the Government’s target range of 3.0 percent ± 1.0 percentage point for the year. Meanwhile, core inflation—which excludes selected volatile food and energy items to measure underlying price …

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