The Enrique Razon-led International Container Terminal Services Inc. (ICTSI) was hailed as the best transport company in the Philippines by financial magazine Asiamoney.
Incepted in 1989, Asiamoney is a division of leading business and finance publication Euromoney the primary magazine of the wholesale financial world.
Asiamoney cited ICTSI, the largest port operator in the country, as an exceptional company under the Transport Sector category of Asia’s Outstanding Companies Poll 2021 by the magazine.
The accolade was based on the company’s financial performance, management team excellence, investor relations, and corporate social responsibility initiatives.
With the award received twice since 2019, ICTSI joined 189 other publicly listed companies that were voted by some 1,071 managers, buy-side analysts, bankers and research analysts.
A total of 5,787 votes were cast in this year’s poll, which ended on 16 July.
ICTSI’s global portfolio currently includes 34 terminals in 20 countries in the Asia Pacific, Latin America, Europe, the Middle East and Africa.
Besides its flagship Manila International Container Terminal at the Port of Manila, ICTSI operates 11 terminals in the Philippines.