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ACEN to spend P70 billion this year

Ayala-owned ACEN Corp. has earmarked P70 billion to bankroll the capital expenditures of its domestic and international operations this year.....»»

Category: financeSource: philstar philstarApr 25th, 2024

ACEN to spend P70 billion this year

Ayala-owned ACEN Corp. has earmarked P70 billion to bankroll the capital expenditures of its domestic and international operations this year.....»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

Lotto results for February 26, 2024

EZ2/LVM - 13 5 SUERTRES - 8 9 4 4D LOTTO - 0 7 1 2 6/45 Mega Lotto - 29 7 9 20 3 26 P70,879,526.00 Grand Lotto - 22 18 35 39 48 8 P82,609,283.00.....»»

Category: newsSource:  philstarRelated NewsFeb 26th, 2024

Wholesale price of tomatoes soar

Two months after the reported dumping of tomatoes, the wholesale price of the produce at the Nueva Vizcaya Agricultural Terminal has soared to P70 per kilo due to shortage......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

ATI to spend P2.7 billion for ports upgrade

The operator of some of the largest ports in the Philippines is increasing its capital expenditures to P2.7 billion this year, seeing the need to expand its capacity as trade recovers here and abroad......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

PAL spending P75 billion this year to support growth

Following great annual earnings reports by both Philippine Airlines and Cebu Pacific, both domestic airlines have pledged to spend a great deal of money to expand networks, buy new planes, and service existing planes......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

NLEX spending P9 billion for C5 link, road widening

North Luzon Expressway (NLEX) Corp. will spend nearly P9 billion for the construction of a direct access to C-5 Road and the expansion of a certain portion of its tollway......»»

Category: financeSource:  philstarRelated NewsMay 4th, 2024

MPTC to spend P10 billion for barrier-free expressway

Expressways operated by the Metro Pacific Group will start taking down their toll plazas in 2025 to achieve a barrier-less system by 2026, an effort that will require as much as P10 billion but could be key to resolving traffic congestion......»»

Category: financeSource:  philstarRelated NewsApr 28th, 2024

PPA readies P1.5 billion for Leyte, Bohol port projects

The Philippine Ports Authoritywill spend more than P1.5 billion to construct a new port in Leyte and expand an existing one in Bohol to boost trade activities in Visayas......»»

Category: financeSource:  philstarRelated NewsApr 22nd, 2024

MPTC offers P2.5 billion to buy out government share in CAVITEX

Metro Pacific Tollways Corp. is willing to spend as much as P2.5 billion to acquire the remaining interest of the government in the operations and maintenance of the Manila-Cavite Expressway......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Maynilad pipelines P4 billion for upgrade of 22 pumping stations, reservoirs

Maynilad Water Services will spend about P4 billion to rehabilitate 22 pumping stations and reservoirs to boost the water supply and pressure in the West Zone concession area......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Maynilad pouring in P2.7 billion for water loss reduction plan

Maynilad Water Services Inc. will spend P2.7 billion until 2027 to reduce water losses by replacing its aging pipe network and stifling the rampant illegal connecti.....»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Yokohama investing P3.5 billion to expand Clark tire plant

Japanese company Yokohama Rubber Co. Ltd. is set to spend P3.5 billion for the expansion of its tire plant in Clark, according to the Clark Development Corp......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

DA spending P5 billion yearly for solar-powered irrigation

The Department of Agriculture aims to spend at least P5 billion annually for the construction of solar-powered irrigation systems nationwide to boost rice productivity and mitigate adverse impacts of El Niño......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Approved foreign investments into Philippines fall 63.6 pct in Q1

MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsMay 17th, 2024

EU s largest economy spending billions to replace nuclear power

Germany is set to make a large investment in four gas-fired plants, the government has announced Germany is set to spend 16 billion to construct four gas-fired power plants as it seeks to ensure an adequate supply of electricity after scrapping its nuclear reactors, the Economy Ministry announced earlier this week.&nb.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 11th, 2024

‘Adopt a penguin egg’ Easter campaign helps endangered African birds

CAPE TOWN – Bored of buying eggs made of chocolate and wrapped in foil with predictable bunny motifs? This Easter in South Africa you could instead spend your cash an egg that will hatch a live penguin. But these ones are not for taking home. Since the start of the year, a South African conservation.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 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

State agencies have more time to spend 2024 budget

The Department of Budget and Management has given state agencies more time to obligate and disburse this year’s record P5.768-trillion budget......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

Budget gap widens to P273 billion in 3 months

The country’s budget shortfall slightly increased in the first quarter as the government continued to spend more than what it generated from revenues......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

PSE has until 2025 to spend money it raised in 2018

The PSE disclosed that its board of directors voted to approve an extension of the timeline for its disbursement of the P2.8 billion in net proceeds that it raised through a 2018 stock rights offering......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024