Thursday, January 8, 2026
Today's Print

Tag: capital expenditures

Century Pacific allots higher capex to boost capacity

Century Pacific Foods Inc. said Thursday it will allocate between P3 billion and P3.5 billion for 2023 capital expenditures, higher than the usual P2...

NGCP seeking higher capex to link RE projects

NATIONAL Grid Corp. of the Philippines is seeking the government’s assistance for higher capital expenditures to roll-out transmission facilities for the entry of more...

Empire East spending P25 billion over five years

Empire East Land Holdings Inc., a subsidiary of Megaworld Corp., earmarked P25 billion in capital expenditures over the next five years primarily to complete...

ACEN plans to raise P30 billion from debt market

ACEN Corp., the power generation arm of Ayala Corp., plans to tap the debt market to raise P30 billion to partly finance 2023 capital...

Alliance Global hikes 2023 capital spending to P70b

Alliance Global Group Inc., the listed holding company of tycoon Andrew Tan, earmarked P70 billion in capital expenditures for 2023 to support the expansion...

GT Capital Holdings announces P26.9-b capex this year to support expansion plan

Conglomerate GT Capital Holdings Inc. of the Ty family earmarked P26.9 billion in capital expenditures for 2023 to support the expansion of its banking,...

PLDT’s lessons from capex overrun

PLDT Inc. chairman Manuel V. Pangilinan, or MVP, called it a hiccup on the road and from the looks of it, the telecom giant...

Megaworld raising 2023 capex to P55b to launch 3 townships and other projects

Property developer Megaworld Corp. said it earmarked P55 billion in 2023 capital expenditures, up 19.5 percent from P46 billion last year, on continued improvement...

Ayala’s energy platform spending up to P70b this year

ACEN Corp., the listed energy platform of the Ayala Group, said Thursday it is looking at capital expenditures of P50 billion to P70 billion...

MPIC spending P80b in 2023 to expand projects

Infrastructure conglomerate Metro Pacific Investments Corp. said Wednesday it earmarked P80 billion for 2023 capital expenditures primarily to fund the expansion projects of power...

Robinsons Retail plans to open 200 new stores in 2023

Robinsons Retail Holdings Inc. of the Gokongwei Group plans to spend between P5 billion and P7 billion in capital expenditures to expand its store...

CREC unveils plan to expand solar projects to 5,000 MW in the next five years

Citicore Renewable Energy Corp. is increasing its solar project pipeline to 5,000 megawatts from 1.5 gigawatts over the next five years, a top executive...

DITO Telecom eyes P27-b capex in 2023 to expand network

DITO Telecommunity Corp. said Thursday it will spending P27 billion in capital expenditures next year to further expand its network nationwide. “For next year, I...

Globe Telecom lowers 2023 capex budget by 30% to $1.3b from $1.9b

Globe Telecom Inc., the country’s leading digital platform, said Friday it reduced capital expenditures for next year by 30 percent, returning to its pre-pandemic...
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