PSEi falls below 6,300 amid tariff uncertainties and peso weakness
On Thursday, the Philippine Stock Exchange Index (PSEi) fell below the 6,300 level as investors sold off their stocks amid tariff uncertainties and a weakening peso.
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International Container Terminal Services Inc
Also known as ICTSI
International Container Terminal Services Inc. (ICTSI) is a major multinational corporation based in the Philippines, specializing in port management and handling terminals across six continents. The company recently invested over $84 million to upgrade its Baltic Container Terminal in Poland, enhancing its global operations despite tariff uncertainties. ICTSI's chairman, Enrique Razon Jr., remains confident in the company鈥檚 future growth, attributing success to a diversified portfolio that helps mitigate risks associated with trade disruptions.
This is an AI-generated summary based on recent coverage.
Last updated at July 31, 2025.
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