How consumer behavior has changed during this pandemic

We asked two top market research practitioners—NielsenIQ managing director for Myanmar, Vietnam and Philippines Patrick Cua and Kantar Philippines president Gary de Ocampo—to share about consumer behaviors which they have uncovered in 2021 and their implications in 2022. Here are their views: Q: What key changes in consumer behavior have you decoded during the pandemic…

cargo ship

ICTSI to operate Madagascar’s key port for 15 more years

Razon group-led International Container Terminal Services Inc. (ICTSI) has secured a for its Toamasina International Container Terminal in Madagascar, its first port terminal concession in the African continent, through 2040. ICTSI disclosed to the Philippine Stock Exchange on Monday that its wholly-owned subsidiary Madagascar International Container Terminal Services Ltd. (MICTSL), which operates the port of…

airline

Shareholders step up to help troubled PAL; share sale OK’d

Shareholders of Philippine Airlines’ (PAL) parent firm, PAL Holdings Inc., voted on Thursday to enlarge its capital base and issue more shares to provide financial support to the flag carrier through its Chapter 11 creditor protection plea. Following the company’s stockholders’ meeting, PAL Holdings said shareholders of the company, controlled by billionaire Lucio Tan, approved…