MANILA -International Container Terminal Services Inc. (ICTSI) is bracing for economic challenges brought about by inflationary pressures but remains bullish with their outlook for the year after booking record-high net profits. Enrique Razon Jr., ICTSI chair and president, said in a virtual stockholders' meeting on Thursday that the 'company's business remains strong' amid the pandemic-induced global supply chain disruptions and rising fuel costs. 'We have inflationary headwinds throughout the globe right now and we expect that to continue and there's really no telling when this inflationary environment will end,' he said.

https://business.inquirer.net/396848/bullish-ictsi-braces-for-inflation-fallout

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