ICTSI

6 days ago

AP Securities: buy ICTSI with approved cargo tariff hikes boosting revenues

The optimistic outlook follows the Philippine Ports Authority's approval of cargo tariff hikes at the Manila International Container Terminal and Manila South Harbor.

4 Jun 2024

9:49AM

Razon’s ICTSI sees business picking up in Nigeria port

Onne Multipurpose Terminal (OMT) in Nigeria, managed by ICTSI, signals a strong outlook for trade by handling the largest container vessel in Eastern Nigeria, Kota Cempaka.

13 May 2024

12:55PM

INSIDER INSIGHT: ICTSI’s Christian Gonzalez reveals strategy behind $800-M Batangas investment

By: Miguel R. Camus

Tycoon Enrique Razon Jr.’s International Container Terminal Services (ICTSI) is making its largest bet in the Philippines as it unveiled plans to build a new $800 million (P46 billion) international container terminal in Bauan, Batangas, a highly developed province south of Metro Manila.

6 May 2024

1:33PM

International operations pushed up Razon’s ICTSI’s Q1 earnings by 36%

By: Miguel R. Camus

Tycoon Enrique Razon Jr’sInternational Container Terminal Services, Inc. (ICTSI) reported a robust increase in net income for the first quarter of 2024, rising 36 percent to $209.88 million, bolstered by an 11 percent increase in revenue from port operations, which reached $637.65 million.

18 Apr 2024

11:59AM

Enrique Razon Jr. optimistic about 2024, ICTSI thrives amid global tensions

By: Miguel R. Camus

Tycoon Enrique Razon Jr. brushed aside tensions between Manila and Beijing, saying their port operations in China remain unaffected and the company is optimistic about opportunities in 2024 as its stock price held on to near record highs.