SBITC has not shed employees, has no plans to do so

WE are writing in reference to an article published in The Manila Times on June 15, 2020, saying that our Subic Bay International Terminal Corp. (SBITC) — a subsidiary of International Container Services Inc. (ICTSI) — had let go of 121 employees because of losses from the current health crisis. We want to correct that report in your publication.

In fact, we have not let go of any employees throughout the recent crisis nor do we plan to let anyone go because of business loss in the near future as it relates to this health crisis. Our priority since day one of the lockdown was to take care of our employees at the SBITC, both financially and medically. We have provided continuous remittance of salaries, benefits and incentives throughout this time.