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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......»»
AEV hikes capex to P153 billion
Aboitiz Equity Ventures Inc. is hiking its capital expenditures by 135 percent to P153 billion this year as it gears up for another phase of growth and innovation......»»
Aboitiz Land, Aboitiz Foundation, PCGA nag-uban alang sa komunidad
Aboitiz Land, Aboitiz Foundation, PCGA nag-uban alang sa komunidad.....»»
Aboitiz Land, Aboitiz Foundation, PCGA forge partnership for community development
Aboitiz Land, Aboitiz Foundation, PCGA forge partnership for community development.....»»
Aboitiz Foundation appoints new leaders
The Aboitiz Foundation announced the appointment of Ana Margarita Hontiveros-Malvar as its new president, concurrent with her existing role as the chief reputation and sustainability officer of Aboitiz Equity Ventures while Maria Remedios Dominique Suplido assumes the role of Aboitiz Foundation’s chief operating officer......»»
Ayala Land allots P13 billion to redevelop 4 major malls
Ayala Land Inc. is spending P13 billion for the redevelopment of its malls, which is expected to be completed by 2028......»»
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......»»
PDEA-9 agents seize P13.6-M worth of shabu from 2 dealers
Agents of the Philippine Drug Enforcement Agency confiscated P13.6 million worth of shabu from two peddlers arrested in an entrapment operation in the Camino Nuevo area in Zamboanga City at about dusk on Saturday......»»
Tudela among 75 towns to receive P13.3M grant
Tudela among 75 towns to receive P13.3M grant.....»»
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......»»
AboitizPower names new president
Aboitiz Power Corp. the listed power arm of the Aboitiz Group, has announced the appointment of Danel Aboitiz as the next president and CEO of the company starting July 1......»»
Aboitiz-led Apo Agua starts supplying water to Davao City
DAVAO CITY (MindaNews / 10 January)—Consumers here can expect better supply as the P12-billion Davao City Bulk Water Supply Project (DCBWSP) of the Aboitiz-led Apo Agua Infrastructura Inc. has commenced operations on December 1, 2023, three years after the completion target. In a joint statement released by the Davao City Water District (DCWD) and Apo […].....»»
‘4Ps registered P9 billion deficit due to budget cuts’
The Pantawid Pamilyang Pilipino Program of the government had already registered a “budget deficit” of P9 billion after Sen. Imee Marcos slashed its budget by P13 billion......»»
MGen, Aboitiz take over Chromite Gas Holdings
Pangilinan-led Meralco PowerGen Corp. has partnered with Aboitiz-owned Therma NatGas Power Inc to take over Chromite Gas Holdings as part of a plan to launch the country’s first and most expansive ......»»
Envi group raises concern over Aboitiz coal expansion in Cebu
Envi group raises concern over Aboitiz coal expansion in Cebu.....»»
LTO hikes penalties for erring car dealers, importers
LTO hikes penalties for erring car dealers, importers.....»»
Nestle, Danone see price hikes slowing after years of sharp increases
LONDON/PARIS (Reuters) -Two of the world’s top consumer goods companies, Danone and Nestle, said on Thursday they will slow price increases in 2024 after two years of hikes that prompted many shoppers to seek cheaper alternatives for basic goods like yoghurt and coffee. But Danone, which owns brands including Evian and Badoit waters and Activia.....»»
Cebu Daily Newscast: Fuel prices: Big time hikes for gasoline, diesel start Tuesday
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, February 19, 2024. Fuel prices: Big time hikes for gasoline, diesel start Tuesday Local oil firms have announced big-time increases in the pump prices of petroleum products effective on Tuesday, February 20, and.....»»
Universal Robina FY23 profit: P12.8-B (down 12%)
Universal Robina, the Gokongwei Family’s consumer foods manufacturer, posted an FY23 net income of P12.8 billion, which was down 12% from FY22’s P13.6 billion which URC said was a “high base” due to the gains recognized on the sale of land......»»
AboitizPower hikes stake in STEAG
Aboitiz Power Corp. has acquired an additional 15.6 percent stake in STEAG State Power Inc., boosting its equity to a majority of 85 percent......»»