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SteelAsia allots P80B for expansion

STEELASIA Manufacturing Corp. is spending P80 billion through 2023 to hike its production of billets and rebars, and eventually establish the first local plant that will manufacture wire rods and sections — much needed products in establishing a steel industry. SteelAsia is allocating P25 billion for the first phase of its six-year expansion plan, which […] The post SteelAsia allots P80B for expansion appeared first on BusinessWorld......»»

Category: newsSource: bworldonline bworldonlineMar 13th, 2018

Petron allots P15B for network expansion, refinery upgrade

PETRON CORP. is setting aside this year a capital expenditure of P15 billion to cover its network expansion and refinery improvement, company officials said on Tuesday. Of the amount, P10 billion is for Philippine operations, while the rest is for operations in Malaysia, said Emmanuel E. Eraña, Petron senior vice-president and chief finance officer. “[For […] The post Petron allots P15B for network expansion, refinery upgrade appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 15th, 2018

Petron allots P15 billion for 2018 capex

Petron Corp. is setting aside this year a capital expenditure of P15 billion to cover its network expansion and refinery improvement, company officials said on Tuesday, May 15. Of the amount, P10 billion is for the Philippines while P5 billion for Malaysia, said Emmanuel E. Erana, Petron senior vice-president and chief finance officer. “[For the […] The post Petron allots P15 billion for 2018 capex appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 15th, 2018

SM Prime allots P80B for capex

By Arra B. Francia, Reporter SM Prime Holdings, Inc. (SMPH) said on Tuesday it earmarked P80 billion for capital spending in 2018, as it focuses on provincial areas with high-growth potential. The property business of country’s richest man Henry Sy, Sr. had spent a capex of around P50-55 billion in 2017. Of this, SM Prime […] The post SM Prime allots P80B for capex appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 25th, 2018

Cebu Landmasters Allots P379-M for VisMin Projects

Listed property developer Cebu Landmasters Inc. (CLI) on Tuesday said some Php378.8 million, a part of the proceeds of its initial public offering (IPO) last June, had been allocated for the firm’s expansion in Visayas and Mindanao. The company told the local bourse its Board agreed to allot the amount for other land acquisitions and […].....»»

Category: newsSource:  metrocebuRelated NewsJan 31st, 2018

Petron allots $3.5 B for Malaysia refinery expansion

MANILA, Philippines — Petron Corp. is investing $3.5 billion to more than double the capacity of its refinery in Malaysia by 2020, its top official said......»»

Category: financeSource:  philstarRelated NewsDec 31st, 2017

MPIC unit allots P700 M for Cavitex expansion

MANILA, Philippines — Metro Pacific Investments Corp. (MPIC) unit Cavitex Infrastructure Corp......»»

Category: financeSource:  philstarRelated NewsSep 4th, 2017

Ayala Healthcare allots P1.3 B for FamilyDOC expansion

MANILA, Philippines -  Ayala Healthcare Holdings Inc......»»

Category: financeSource:  philstarRelated NewsAug 25th, 2017

DA allots P3 B for PRDP in North Luzon

MANILA, Philippines - The Department of Agriculture (DA) has allotted nearly P3 billion for the rural development expansion in North Luzon as part of efforts.....»»

Category: financeSource:  philstarRelated NewsJun 12th, 2017

Concepcion Industries allots P500 M for 3-year expansion

MANILA, Philippines -  Concepcion Industrial Corp......»»

Category: financeSource:  philstarRelated NewsJun 7th, 2017

South Luzon Tollway allots P3 B for expansion

MANILA, Philippines - San Miguel Corp. unit South Luzon Tollway Corp......»»

Category: financeSource:  philstarRelated NewsMay 30th, 2017

Converge ICT allots P1.5 B for expansion

MANILA, Philippines - Fiber optics provider Converge ICT Solutions Inc......»»

Category: financeSource:  philstarRelated NewsMay 18th, 2017

Pure Foods allots P56b for expansion

Pure Foods allots P56b for expansion.....»»

Category: financeSource:  thestandardRelated NewsMay 12th, 2017

Semirara allots P5b for expansion

Semirara allots P5b for expansion.....»»

Category: financeSource:  thestandardRelated NewsMay 2nd, 2017

Cavitex firm allots P1.7b for expansion

Cavitex firm allots P1.7b for expansion.....»»

Category: financeSource:  thestandardRelated NewsFeb 27th, 2017

MetroPac allots P60b for 2017 expansion

MetroPac allots P60b for 2017 expansion.....»»

Category: financeSource:  thestandardRelated NewsJan 18th, 2017

ArthaLand allots P20 B for expansion

MANILA, Philippines – Po family-led boutique property developer ArthaLand Corp......»»

Category: financeSource:  philstarRelated NewsDec 6th, 2016

Corporate News: Villar group allots P1.3B for All Day expansion

THE VILLAR GROUP is further expanding its retail business with seven more All Day Supermarket branches requiring around P1.3 billion in investments until next year......»»

Category: financeSource:  bworldonlineRelated NewsSep 8th, 2016

Wilcon to open 9 stores this year

WILCON Depot, Inc. is accelerating its five-year expansion plan by targeting nine-store opening this year, allowing it to hit its goal of 65 stores one year ahead of schedule. The post Wilcon to open 9 stores this year appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated News17 hr. 29 min. ago

MPBL: Manila opens campaign with statement win over Bataan

Manila has wasted no time in making it known that it should be looked at as one of the contenders in the 2018 Maharlika Pilipinas Basketball League Anta Datu Cup. NAASCU standout Aris Dionisio had a breakout game in his league debut as the home team Stars stole the spotlight from stacked Bataan, 89-82, last Saturday at the San Andres Gym. Dionisio, the pride of St. Clare University, tallied 21 points, seven rebounds, three blocks and two steals to tow his team to a season-opening win. It was also his fastbreak layup in the dying seconds that sealed the deal for Manila and closed the door for good for the Risers who had the likes of ex-pro Gary David, UAAP star J-Jay Alejandro, NCAA star Gab Dagangon, as well as ABL champions Robbie Celiz and Pamboy Raymundo. Backstopping Dionisio were former PBA D-League player Adrian Celada who had 18 points to his name as well as ex-pros Reil Cervantes and Marvin Hayes who had 15 and 13 markers, respectively. For Bataan, Byon Villarias topped the scoring column with 17 points. The highly-touted team will have to wait a little longer to prove their worth, however. Meanwhile, Navotas has also barged into the win column courtesy of the hot hands of Levi Hernandez who shot his team over expansion team Pasay, 83-75. Arellano University product Hernandez poured in his 12 of his 26 points in the third quarter to take both the lead and momentum for the Clutch. They would never relinquish those en route to 1-0. Former San Beda University player Yvan Ludovice paced the 0-1 Voyagers with 17 points. BOX SCORES FIRST GAME NAVOTAS 83 – Hernandez 26, Publico 22, Arong 9, Neypes 7, Denison 6,  Trinidad 6, Porter 5, Sorela 2, Javelosa 0, Salem 0, Padilla 0, Gumaru 0 PASAY 75 – Ludovice 17, De Leon 15, Alanes 10, Lastimosa 8, Salcedo 7, Jamon 7, Balucanag 6, Vidal 2, Cadavis 2, Mendoza 1, Bartolo 0, Ilad 0 QUARTER SCORES: 11-20, 32-34, 60-57, 83-75 SECOND GAME MANILA 89 – Dionisio 21, Celada 18, Cervantes 15, Hayes 13, Yap 7, Sabellina 6, Bitoon 4, Rodriguez 3, Lopez 2, Laude 0, Cruz 0 BATAAN 82 – Villarias 17, Raymundo 14, Batino 13, Alejandro 12, David 7, Grospe 6, Inigo 6, Celiz 6, Tolentino 1, Dagangon 0, Faundo 0 QUARTER SCORES: 19-20,42-42, 69-64, 89-82 --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsJun 17th, 2018

Asean Single Window expansion pushed

Member-countries are eyeing to expand the Asean Single Window initiative through measures that will not only make it easier to use but also more inclusive.   Finance Undersecretary Gil S. Beltran said that during last week's symposium on the Asean Single Window in Singapore, "the stakeholders (private sector, governments and dialogue partners) agreed that the benefits of the Asean Single Window to Asean member-states are huge in terms of trade facilitation; reduced cost, time and effort in doing business; compliance with trade agreements and tax laws; and enhancing security of documents exchanged."   As such, the member-countries recommended to expand the initiative...Keep on reading: Asean Single Window expansion pushed.....»»

Category: newsSource:  inquirerRelated NewsJun 16th, 2018