Independent journal on economy and transport policy
01:36 GMT+2
Philippines' largest port operator plans to pay off most debts in 18 months
(Shipping Times)
May 19, 2000
[MANILA]
The Philippines' largest port operator, International Container Terminal Services Inc (ICTSI), said it was planning to pay off 80 per cent of its debt within the next 12 to 18 months.
"We want to reduce our debt, reduce it by 80 per cent within the next 12 to 18 months," ICTSI chairman Enrique Razon told reporters after an analysts' briefing ...... Read more on Shipping Times
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