ICTSI spreading its emerging market wings

Port operator ICTSI, which is controlled by Philippine billionaire Enrique Razon, isn't daunted by the risks of expanding beyond Asia to places as diverse as Honduras, Nigeria and Argentina.

Martin O’Neil, the CFO of ICTSI, is no stranger to operating in volatile places. The port operator controlled by Philippine billionaire Enrique Razon is one of the few Philippine companies with a broad presence across global emerging markets, having expanded its footprint beyond Asia to places as diverse as Nigeria, Honduras and Argentina.

But venturing into these far-flung countries isn't so daunting when ICTSI's home turf is itself considered an emerging market and hardly sheltered from occasional turmoil. Indeed, shortly after O'Neil spoke with FinanceAsia, one of the most powerful storms on record wrought devastation on the Philippines' central islands.

In a...

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