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NLEX allots P15 billion for 2024 capex
The North Luzon Expressway Corp. is raising its 2024 capital expenditures to P15 billion to embark on new projects and complete ongoing efforts......»»
Davao Light allots P2.4 billion for 2023 capex
Davao Light and Power Co., a unit of Aboitiz Power Corp., is looking to sustain its high level of capital spending next year as it ramps up power capacity in its franchise area......»»
Alliance Global allots P70 billion for 2023 capex
Alliance Global Group Inc. of tycoon Andrew Tan is allocating P70 billion for its capital expenditures this year, 23 percent higher than the year ago to sustain the strong growth momentum of its domestic and international operations......»»
FPHC allots P80 billion capex for 2023
First Philippine Holdings Corp., the listed holding company of the Lopez Group, has earmarked P80 billion for capital expenditures this year to support the growth of its business units......»»
JG Summit allots P73 billion for this year’s capex
JG Summit Holdings Inc., the listed conglomerate of the Gokongwei Group, sees better prospects this year following a rebound across its businesses last year and the first quarter of 2023......»»
Meralco allots P24 billion capex for next year
Manila Electric Co. is allotting over P24 billion in capital expenditures next year......»»
Monde Nissin allots P26.5 billion for capex
Snacks food giant Monde Nissin Corp. will spend P26.5 billion for capital expenditures through 2023......»»
Robinsons Bank allots P1 billion for capex
Robinsons Bank Corp. has earmarked close to P1 billion for its capital expenditures this year, particularly to finance information technology-related projects amid the shift in consumer behavior due to the COVID-19 pandemic......»»
Megaworld allots P36 billion for 2021 capex
Megaworld Corp. is setting aside P36 billion for capital expenditures this year, up 29 percent from the P27.9 billion spent last year......»»
LT Group allots P9.7 billion for capex
LT Group Inc., the listed holding company of taipan Lucio Tan, is pouring in P9.7 billion in capital expenditures this year, a 94 percent jump from the P5 billion spent in 2020 on expectations of recovery......»»
MPTC allots P30 billion capex for 2021
Metro Pacific Tollways Corp. is alloting more than P30 billion for capital expenditures for this year as it ramps up construction of vital infrastructure projects which are set for completion in the next two years......»»
Filinvest Land allots P16B for 2021 capex
Filinvest Land Inc., the property arm of the Gotianun Group, is strengthening its logistics, e-commerce and co-living space businesses as it transitions into a post COVID-19 era......»»
Filinvest Land allots P16 bilyon for 2021 capex
Filinvest Land Inc., the property arm of the Gotianun Group, is strengthening its logistics, e-commerce and co-living space businesses as it transitions into a post COVID-19 era......»»
EDC allots P17 billion capex this year
Lopez-led Energy Development Corp. is spending P17 billion this year to ensure long-term growth......»»
Semirara Mining allots P4 billion capex this year
Listed integrated energy company Semirara Mining and Power Corp. has set a P4-billion capital expenditure this year as it eyes to recover from last year’s slump due to the COVID-19 pandemic......»»
Monde Nissin allots P26.5 billion capex for 3 years
Monde Nissin Corp., the Filipino snack foods and noodles giant which is set to embark on a record P63-billion initial public offering, is setting aside P26.5 billion in capital expenditures in the next three years......»»
Jollibee allots P12.2b for 2021 capex, plans to open 450 stores
Restaurant chain operator Jollibee Foods Corp. said Monday it earmarked P12.2 billion in capital expenditures this year to fund the opening of new stores as it expects sales and profit to recover in 2021......»»
Axelum allots P350 million for capex
Axelum Resources Corp., the listed manufacturer and exporter of world-class premium coconut products, is earmarking around P350 million for capital expenditures this year......»»
GMA allots P20 billion for 3-year capex
GMA Network Inc. has earmarked more than P20 billion for its capital expenditures in the next three years as it goes full blast on content production and digital TV expansion......»»
Globe gains momentum on data and video experience improvements
Globe has been consistently upgrading its network and accelerating infra builds as part of its efforts to provide better data experience and connectivity to its subscribers. Prior to the pandemic in 2019, Globe spent P51 billion in capex to increase its builds, putting up 139% more cell sites compared to 2018. As a result, 4G base stations of the company increased, putting up 28% more than 2018, doubling the deployment of massive MIMO (multiple input, multiple output) sites, thus considerably adding more data capacity......»»