Sunday, December 21, 2025
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Tag: capex

ACEN expects capex to reach P70b in 2025

Ayala Corp.’s power generation arm ACEN Corp. expects its capital expenditure to reach P70 billion in 2025, a top executive said over the weekend. “We...

Major telcos vow to sustain network expansion

The country’s two largest telecom companies remain optimistic about 2025 as they continue to expand their networks nationwide. PLDT Inc. is investing between P75 billion...

ERC approves P38b worth of NGCP capex projects

The Energy Regulatory Commission (ERC) approved three capital expenditure (CAPEX) projects of transmission operator National Grid Corporation of the Philippines (NGCP) with a combined...

Globe plans to reduce 2025 capex below $1b

Globe Telecom said Monday it plans to further reduce its 2025 capital expenditure to below $1 billion. “In terms of capex, still finalizing plans....

MPT South hikes capex by 75% to P14b

MPT South, a subsidiary of Metro Pacific Tollways Corp. (MPTC), increased its 2025 capital expenditures (capex) by 75 percent to fund the construction and...

Visayan Electric seeks ERC approval for P4.27-b capex

Visayan Electric Co. (VECO) is seeking approval from the Energy Regulatory Commission (ERC) for its capital expenditure (capex) program amounting to P4.273 billion. Bulk of...

Alliance Global announces P75-b capex budget for 2024 to support expansion

Alliance Global Group Inc. (AGI) of businessman Andrew Tan earmarked P75 billion for 2024 capital expenditures, up 19 percent from P63 billion it spent...

Aircraft purchases likely to push JG Summit’s 2024 capex above P98b

JG Summit Holdings Inc., the listed holding company of the Gokongwei Group, said Monday it expects its 2024 capital expenditures (capex) to exceed the...

ACEN plans to invest P72b to finance RE projects this year

Ayala Group’s power generation arm ACEN Corp. is looking at capital expenditures (capex) of P72 billion this year to roll out its domestic and...

San Miguel allocates P8b for expressway expansion

The tollway unit of San Miguel Corp. said it has earmarked P8.06 billion in capital expenditure (capex) for 2024 to partially finance the expansion...

Gokongwei’s JG Summit sets 2024 capex budget at P87.2b

JG Summit Holdings Inc., the listed holding company of the Gokongwei family, earmarked P87.2 billion for 2024 capital expenditures to finance the expansion of...

OceanaGold sets P3b capex for Didipio mining project in 2024

OceanaGold Philippines is spending nearly P2.5 billion to P3 billion (US$45 to US$55 million) in capital expenditures (capex) for the Didipio copper-gold project for...

Pangilinan: PLDT to name new CEO before yearend

PLDT Inc. is expected to appoint a new chief executive before the end of the year, its top executive said Thursday. “We just started ....

Cebu Pacific sets P50b capex for 2024

Cebu Air, Inc., operator of Cebu Pacific said over the weekend it set a higher capital expenditure (capex) budget by 19 percent next year,...
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