Wednesday, June 10, 2026
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Enrique K. Razon Jr.

AIIB approves $300M-loan for ICTSI port expansion in PH

Asian Infrastructure Investment Bank (AIIB), a multilateral development bank dedicated to financing "Infrastructure for Tomorrow," will lend USD300 million to International Container Terminal Services...

Bloomberry reports 1Q 2026 results, narrows losses through cost discipline and asset divestment

Bloomberry Resorts Corporation, the premier developer and operator of integrated resorts in the Philippines,  reported its unaudited consolidated financial results for the first quarter...

ICTSI net income up 23% to USD1.05 B in 2025, cargo volume rises 11%

Manila-headquartered global port operator International Container Terminal Services Inc. (ICTSI) reported that net income attributable to equity holders of the parent was higher by...

ICTSI posts record consolidated net income of USD483.84 M in H1 as cargo volume rises 11%; 2025 total expenditures seen at USD580 M

Global port operator International Container Terminal Services Inc. (ICTSI) reported a record net income of USD483.84 million in the first half of 2025, reflecting...

Razon secures 30-year deal to develop, operate Indonesian port in Batam Island

Billionaire global port operator Enrique K. Razon Jr. continues to expand with the recent signing of an agreement to develop and operate terminal facilities...

Prime Infra CEO receives top honor at 2025 APAC Stevie Awards

Prime Infra, the infrastructure arm of Filipino businessman Enrique K. Razon Jr., earned top recognition at the 2025 Asia-Pacific Stevie Awards, winning  the Grand...

World’s largest port operator Razon says ‘too early to tell’ impact of Trump tariffs

Enrique K. Razon Jr., chairman of the world’s largest port operator, ICTSI, said it is still too early to assess the impact of the...

Malampaya consortium drilling 3 new wells, investing US$895 M

The Malampaya Service Contract 38 Consortium led by Prime Energy of billionaire Enrique K. Razon Jr. is investing $895 million for the drilling of...

Global port operator ICTSI 2024 net income surges 66% to US$849.80 M in 2024

Global port operator International Container Terminal Services, Inc. (ICTSI), which is based in Manila, reported that its net income in 2024 surged to US$849.80...

Mindanao Container Terminal exclusively using solar power during daylight hours

Mindanao Container Terminal (MCT), a subsidiary of global port operator International Container Terminal Services Inc. (ICTSI) of billionaire Enrique K. Razon Jr., is now...
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