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DITO confirmed that it is scaling back capex in 2024

DITO CME confirmed a report in the Manila Times that its 2024 “capex guidance will be tempered a bit” from its 2023 capex spending of P27 billion......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Capitol allocates P2.4M to Camotes Islands

Capitol allocates P2.4M to Camotes Islands.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Comelec allocates P465M for internet voting for overseas voters, sets public bidding

Comelec allocates P465M for internet voting for overseas voters, sets public bidding.....»»

Category: sportsSource:  abscbnRelated NewsJan 19th, 2024

DBM: P30 billion released for 2023 allowances of HCWs

The Department of Budget and Management last year released P30.1 billion in emergency allowances for health care and non-health care workers nationwide......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Government fully awards P30 billion T-bonds at higher rates

The government secured P30 billion in long-term securities yesterday but at slightly higher rates after inflation picked up and ended four months of easing......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Government eyes P30 billion from 30th RTB issue

The government is borrowing at least P30 billion from small creditors as the Marcos administration sets its third offering of retail Treasury bonds (RTBs) to expand state coffers and finance various projects......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

Rice tariff collections hit P30 billion in 2023

Tariff collections from 3.6 million metric tons of rice imports likely reached a record P30 billion in 2023 on the back of a weaker peso and higher global grain prices......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

Government borrows P30 billion from T-bonds

The government secured P30 billion from the local debt market via the fresh issuance of long-term securities, with the coupon rate set slightly higher than secondary markets......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

Philippine bank assets swell to P30 trillion

The total resources of the country’s financial system went up by almost 10 percent to breach the P30-trillion level, the Bangko Sentral ng Pilipinas said......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

Government raises P30 billion from T-bond sale

The government secured P30 billion from the local debt market through the fresh issuance of long-term securities with the coupon rate set above secondary markets......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Power, real estate fuel FPH earnings in 2023

Strong contributions from power generation and real estate segments fueled a nearly 20-percent jump in the earnings of First Philippine Holdings Corp. in 2023......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Palarong Pambansa 2024: Cebu City allocates P205M for games

CEBU CITY, Philippines – The Cebu City government has allocated a budget of P205 million for its hosting of the Palarong Pambansa 2024 this July. However, the amount is still subject to deliberation and approval by the city council. READ: DepEd expects Cebu City’s ‘world-class’ hosting of Palarong Pambansa Previously, during the signing of the.....»»

Category: newsSource:  inquirerRelated NewsFeb 23rd, 2024

PH Allocates Over P32 Billion to Boost Workforce

The Philippine government has allocated billions of funds to enhance employment and livelihood programs in the 2024 budget. The Department of Budget and Management (DBM) Secretary, Mina F. Pangandaman announced a substantial allocation of P32.720 billion under the Fiscal Year 2024 General Appropriations Act (GAA). The budget includes important initiatives spearheaded by the Department of […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 15th, 2024

DMCI hikes capex to P59 billion this year

The DMCI Group of the Consunji family is raising its capital spending by nearly a quarter to P59.1 billion this year, with the majority of its businesses allocating higher investments to support their respective expansions......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

‘9 in 10 Pinoys traveling locally in 2024’

At least nine in 10 Filipinos plan to travel to local destinations this year, and are expected to spend as much as P30,000 for every trip, according to booking platform Klook......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Filinvest holding firm allots up to P25 billion for 2024 capex

Filinvest Development Corp., the investment holding company of the Gotianun family, plans to invest as much as P25 billion this year to expand its presence in real estate and power generation, as well as support its ongoing digitalization efforts......»»

Category: financeSource:  philstarRelated NewsApr 7th, 2024

DigiPlus earmarks P2 billion for 2024 capex

Fast-growing digital entertainment company DigiPlus Interactive Corp. plans to spend as much as P2 billion this year as it looks to sustain its growth momentum and ramp up its digital offerings......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

DMCI Homes earmarks P16 billion for capex in 2024

DMCI Homes, the property development arm of the Consunji Group, is allocating around P16 billion in capital expenditures this year to expand its portfolio......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Aboitiz Group raises 2024 capex

The Aboitiz Group is poised to expand its various business units this year, supported by a substantial increase in capital expenditures......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

CLI allots higher capex, partners with Japan firm

Cebu Landmasters Inc. is hiking its capital spending to P14.5 billion this year as it gears up for growth and expansion following a strong financial performance in 2023......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024