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ICTSI secures $350-M loan facility to boost operations

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Listed ports operator International Container Terminal Services Inc. secured a $350-million loan facility to support its global operations, the company said in a disclosure to the Philippine Stock Exchange on Thursday.

Posted: July 26th, 2014 in Headlines | Read More »

ICTSI ends India port contract

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Businessman Enrique Razon Jr.’s International Container Terminal Services Inc. (ICTSI) is ending a port-management deal in Tamil Nadu, India, that it bagged in 2011, saying the contract “isolated” it from day-to-day operations, hindering the growth of the business.

Posted: July 8th, 2014 in Headlines | Read More »

Biz Buzz: The price of WEF exclusivity

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INQUIRER PHOTO/RAFFY LERMA

How much does it cost for a company to be a top-tier partner of the World Economic Forum?

Posted: May 23rd, 2014 in Columnists,Featured Columns,Inquirer Columns | Read More »

ICTSI to buy 51% stake in DP World Yantai of China

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Screengrab from www.ictsi.com

International Container Terminal Services Inc. (ICTSI), a global ports operator led by billionaire Enrique Razon Jr., is acquiring a controlling stake in the only foreign container terminal within the Zhifu Bay Port area in Yantai, China, according to a stock exchange filing Tuesday.

Posted: May 20th, 2014 in Latest Business Stories | Read More »

ICTSI takes in partner for port project in Nigeria

Gaming tycoon Enrique Razon Jr.: One of four Filipino philanthropists cited by Forbes magazine FILE PHOTO

International Container Terminal Services Inc., the country’s biggest port operator, has taken in one of the world’s biggest container shipping firms as a partner in its Nigerian venture, a stock exchange filing showed Monday.

Posted: January 28th, 2014 in Latest Business Stories | Read More »

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