Port operator International Container Terminal Services, Inc. (ICTSI) has welcomed concrete steps taken by the Philippine government to clear Manila ports of overstaying cargo.
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Prime Infra to develop Wawa Dam to address water woes
The Enrique Razon-led Prime Infra, through a partnership with San Lorenzo Ruiz Builders and Developers Group (SLRBD), plans to develop a water supply facility of over 500 million liters per day (MLD) at the Wawa catchment area traversing the municipality of Rodriguez and city of Antipolo, both in the province of Rizal. With a planned capacity of over 500 million …
Read More »DTI chief promotes franchising to aspiring entreps
Department of Trade and Industry (DTI) Secretary Ramon Lopez championed franchising as a business model to future entrepreneurs at a time when the Philippines is experiencing an economic resurgence. During his keynote address at the 2019 Franchise Asia Philippines on 27 March, Sec. Lopez stated that this is the best time to do business because the country’s sustained economic growth …
Read More »Landbank president takes oath of office
Cecilia C. Borromeo took her oath today as the 10th President and CEO of LANDBANK.
Read More »ICTSI FY2018 Net Income Up 22% to $221.5M
International Container Terminal Services, Inc. (ICTSI) reported its audited consolidated financial results for the year ended December 31, 2018. Consolidated volume higher by six percent to 9,736,621 twenty-foot equivalent units (TEUs) (FY2017: 9,153,458 TEUs) Revenue from port operations increased 11 percent to US$1.4 billion (FY2017: US$2 billion) Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) grew 11 percent to US$642.2 …
Read More »Omnichannel will continue to disrupt in 2019–GenieTech
As consumer expectations heighten and e-commerce sales continue to rise, Genie Technologies (GenieTech), a leading solutions provider, says that businesses too slow to adapt to the ever-changing digital world have a tough road ahead.
Read More »Manila Water fetes Toka Toka envi partners
Manila Water recently paid tribute to various local government units and national government agencies who have been staunch partners and supporters of the Toka Toka advocacy campaign, the country’s first and only environmental movement focused on wastewater or used water management.
Read More »Ayala Land’s net income climbs 16% to P29.2B in 2018
Ayala Land, Inc. (ALI), the Philippine’s largest integrated property and sustainable estates developer, posted solid top-line and bottom-line growth in 2018.
Read More »ICTSI’s Batumi terminal builds capacity to facilitate bigger cargo flow
International Container Terminal Services Inc. (ICTSI) formally inaugurated the expansion of its Batumi International Container Terminal (BICT) in Georgia.
Read More »Epson works with youth groups to drive environmental initiatives
Epson has partnered with two youth-led organizations to help raise awareness on environmental issues as part of its 2018 to 2019 environmental initiatives, in line with its vision to contribute to the development of a sustainable Philippines.
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