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International Container Terminal Services
International Container Terminal Services, Inc. (ICTSI) () is a global port management company headquartered in Manila, Philippines. Established on December 24, 1987, ICTSI is the Philippines' largest multinational and transnational company, having established operations in both developed and emerging market economies in Asia Pacific, the Americas, and Europe, the Middle East and Africa. The company is ranked the eighth largest container terminal operator, according to TEU equity volume. History ICTSI was established by Spanish-Filipino businessman Enrique K. Razon Jr., whose family has been managing harbors in the Philippines for three generations, in connection with the bidding for the privatization of the Manila International Container Terminal (MICT). In 2020, ''Forbes'' named Razon the third richest Filipino and the 565th individual in the world, with a personal wealth of $5.1 billion. In May 1988, the Philippine Ports Authority awarded the MICT contract to ICTSI, which star ...
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Philippine Stock Exchange
The Philippine Stock Exchange, Inc. ( fil, Pamilihang Sapi ng Pilipinas; ) is the national stock exchange of the Philippines. The exchange was created in 1992 from the merger of the Manila Stock Exchange and the Makati Stock Exchange. Including previous forms, the exchange has been in operation since 1927. On a whole, the Philippine Stock Exchange has 275 listed companies. The main index for PSE is the PSE Composite Index (PSEi) composed of thirty (30) listed companies. The selection of companies in the PSEi is based on a specific set of criteria. There are also six additional sector-based indices. The PSE is overseen by a 15-member Board of Directors, chaired by José T. Pardo. History On February 3, 1936, the Securities and Exchange Commission announced that it had "relinquished control of the Manila Stock Exchange." The Philippine Stock Exchange was formed on December 23, 1995, from the merger of the Manila Stock Exchange (MSE) (established on August 12, 1927, based ...
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PLDT
PLDT, Inc., formerly known as the Philippine Long Distance Telephone Company ( fil, Kompanya ng Teleponong Pangmalayuan ng Pilipinas), is a Philippine telecommunications, internet and digital service holdings company. It is one of the country's major telecommunications providers, along with Globe Telecom and startup Dito Telecommunity. Founded in 1928, it is the oldest and largest telecommunications company in the Philippines, in terms of assets and revenues. The company's core businesses are fixed-line telecommunications, mobile telephony services, broadband, and internet of things services under various brands. It also has investments in broadcasting, print media, utilities, and direct-to-home satellite services, among others. As of 2019, PLDT is listed in the Philippine Stock Exchange and New York Stock Exchange (the only Philippine company to be listed in NYSE) and is being controlled by First Pacific, a Hong Kong-based investment management company; Nippon Telegraph and Tel ...
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Transport Companies Established In 1987
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicles may i ...
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Companies Based In Manila
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Shipping Companies Of The Philippines
Freight transport, also referred as ''Freight Forwarding'', is the physical process of transporting commodities and merchandise goods and cargo. The term shipping originally referred to transport by sea but in American English, it has been extended to refer to transport by land or air (International English: "carriage") as well. "Logistics", a term borrowed from the military environment, is also used in the same sense. Modes of shipment In 2015, 108 trillion tonne-kilometers were transported worldwide (anticipated to grow by 3.4% per year until 2050 (128 Trillion in 2020)): 70% by sea, 18% by road, 9% by rail, 2% by inland waterways and less than 0.25% by air. Grounds Land or "ground" shipping can be made by train or by truck (British English: lorry). In air and sea shipments, ground transport is required to take the cargo from its place of origin to the airport or seaport and then to its destination because it is not always possible to establish a production facility nea ...
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Port Operating Companies
A port operator is a port authority or company that contracts with the port authority to move cargo through a port at a contracted minimum level of productivity. They may be state-owned (particularly for port authorities) or privately run. The work involves managing the movement of cargo containers between cargo ships, trucks and freight trains and optimizing the flow of goods through customs to minimize the amount of time a ship spends in port. Maintaining efficiency involves managing and upgrading gantry cranes, berths, waterways, roads, storage facilities, communication equipment, computer systems and dockworkers' union contracts. The port operator also manages paperwork, leases, safety and port security. Largest port operators This is a list of the world's largest port operators in terms of total cargo tonnage handled. *Hutchison Port Holdings (Hong Kong, People's Republic of China) *PSA International (Singapore) *DP World (Dubai, United Arab Emirates) *APM Terminals (The Ha ...
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Port Of General Santos
The Port of General Santos ( fil, Pantalan ng General Santos), also known as the Makar Port, is a seaport in General Santos in the Philippines. The port is used to transport cargo in and out of General Santos, serving the wider Soccsksargen region. From 2008 until 2018, the seaport did not serve domestic passenger services. Passenger services was briefly resumed in October 2018 with 2Go Travel serving Davao City, Zamboanga City, Iloilo City, and Manila for eight months. 2go resumed its Davao City route by 2021. The Philippine Ports Authority Philippine Ports Authority ( fil, Pangasiwaan ng Daungan ng Pilipinas) is a government-owned and controlled corporation under the Department of Transportation as an attached agency. It is responsible for financing, management and operations ... is working to expand the seaport's passenger operations. In September 2021, a new Port Operations Building (POB) complex for the seaport was inaugurated. References General Santos Port B ...
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Port Of Manila
The Port of Manila ( fil, Pantalan ng Maynila) refers to the collective facilities and terminals that process maritime trade function in harbors in Metro Manila. Located in the Port Area and Tondo districts of Manila, Philippines facing the Manila Bay, it is the largest and the premier international shipping gateway to the country. The Philippine Ports Authority, a government-owned corporation, manages the Port of Manila and most of the public ports in the country. It is composed of 3 major facilities, namely Manila North Harbor, Manila South Harbor, and the Manila International Container Terminal. History Trade in Manila Bay dates at least ninth to twelfth centuries when Manila traded with neighboring countries including China and Japan, with ties to India through the areas that are now Malaysia and Indonesia.
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Manila Standard
The ''Manila Standard'' is a broadsheet newspaper in the Philippines. , it is owned by the Romualdez family. The Romualdezes, through incumbent speaker of the House Martin Romualdez, also own Journal Publications, Inc., the owner of tabloid papers ''People's Journal'' and ''People's Tonight''. Initially established as the ''Manila Standard'' in 1987, it merged with another newspaper, ''Today'', on March 6, 2005, and became the ''Manila Standard Today'' (MST). In 2015, the newspaper renamed itself as ''The Standard'' (temporarily ''The New Standard''), before reverting to its original name in 2016. History The ''Manila Standard'' was founded on February 11, 1987. The offices were then located at the bustling Ayala Avenue in the Makati CBD. In 1989, the group of Andres Soriano III bought out the Elizalde group and renamed the company Kagitingan Publications and relocated the offices in the Port Area, Manila. In June 1991, the group of businessman Alfonso Yuchengco bought int ...
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San Miguel Corp
San Miguel Corporation, abbreviated as SMC, is a Philippine multinational conglomerate headquartered in Mandaluyong, Metro Manila. The company is one of the largest and most diversified conglomerates in the Philippines. Originally founded in 1890 as brewery in the Philippines, San Miguel has ventured beyond its core business, with investments in various sectors such as food and drink, finance, infrastructure, oil and energy, transportation, and real estate. Its flagship product, San Miguel Beer, is one of the largest selling beers in the world. San Miguel's manufacturing operations have extended beyond its home market to Hong Kong, China, Indonesia, Vietnam, Thailand, Malaysia and Australia, and its products are exported to 60 markets around the world. History In 1889, a well-known Manila businessman, Enrique María Barretto de Ycaza y Esteban, applied for a royal grant from Spain to establish a brewery in the Philippines. He was awarded the grant for a period of twenty ye ...
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Port Of Manila, Manila
The Port of Manila ( fil, Pantalan ng Maynila) refers to the collective facilities and terminals that process maritime trade function in harbors in Metro Manila. Located in the Port Area and Tondo districts of Manila, Philippines facing the Manila Bay, it is the largest and the premier international shipping gateway to the country. The Philippine Ports Authority, a government-owned corporation, manages the Port of Manila and most of the public ports in the country. It is composed of 3 major facilities, namely Manila North Harbor, Manila South Harbor, and the Manila International Container Terminal. History Trade in Manila Bay dates at least ninth to twelfth centuries when Manila traded with neighboring countries including China and Japan, with ties to India through the areas that are now Malaysia and Indonesia.
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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