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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

Philippine Airlines FY23 profit: P21.2-B (up 105%)

Philippine Airlines reported a FY23 net income of P21.2 billion, up 105.5% from its FY22 net income of P10.4 billion......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Abalos: P21 billion drugs seized since BIDA’s start in 2023

At least P21 billion worth of illegal drugs were confiscated since the start of the government’s  BIDA or Buhay Ingatan, Droga ay Ayawan flagship program last year, Interior Secretary Benjamin Abalos Jr. said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Filinvest cleared to sell P10 billion fixed bonds

Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

CREC earmarks P35 billion capex for RE projects

Citicore Renewable Energy Corp. is allocating P35 billion for capital expenditures this year as it continues to bolster its renewable energy portfolio......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

DTI seals lease deal with Filinvest

Gotianun–led property developer Filinvest Land Inc. is supporting the Department of Trade and Industry plan to consolidate its various operating units with a deal to lease the company’s entire Filinvest Buendia building in Makati to the agency......»»

Category: financeSource:  philstarRelated NewsApr 1st, 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

DSWD-Davao raises child feeding budget to P21

The Department of Social Welfare and Development-Davao Region (DSWD-Davao) has increased its budget for the Supplementary Feeding Program to P21 per child, up from the previous P15 allocation. Kyla Denise T. Pamat, a nutritionist dietician at DSWD-Davao, shared in a radio interview on Davao City Disaster Radio (DCDR) on January 26, 2024, that the enhancement is a result of a budget insertion in 2023. The 13th cycle targets 122,400 children in Davao Region, with five local government units (LGUs) already initiating the feeding program, while others are in the procurement process. The program focuses on children aged two to four in child development centers and supervised neighborhood places, providing hot meals (rice and viand) for 80 days and alternative meals (pancake, nutribun, and fruit salad) for 40 days during the 120 feeding days. Additionally, selected LGUs with a prevalent number of underweight children receive milk feeding for the entire duration. The 12th cycle showed an 82.27 percent improvement in the weight of underweight children, reducing their number from 4,567 to 784 after the 120 feeding days. Pamat highlighted its alignment with Republic Act 11037, also known as the Masustansyang Pagkain Para sa Batang Pilipino Act, and encouraged LGUs, communities, and parents to support the program for continuous improvement......»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

P21 million worth of smuggled cigarettes confiscated in Sarangani

The police seized P21 million worth of cigarettes from Indonesia in an anti-smuggling operation in Glan, Sarangani on Saturday......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

Coast guard seize P21.6-M contraband off Zambo Sibugay

Coast guard seize P21.6-M contraband off Zambo Sibugay.....»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024

Monde Nissin earmarks P7.2 billion for capex to boost capacity

Snack food giant Monde Nissin Corp. is nearly doubling its capital spending this year to beef up its capacity......»»

Category: financeSource:  philstarRelated NewsApr 14th, 2024

Filinvest Development FY23 profit: P12.1-B (up 46%)

Filinvest Development, the Gotianun Family’s mid-tier conglomerate, posted an FY23 consolidated net income of P12.1 billion, up 46% from its FY22 consolidated net income of P8.3 billion......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

Filinvest raises P10 billion from new bond offer

Filinvest Development Corp. has raised P10 billion from the first tranche of its bond offering under shelf registration......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Filinvest sees sustained growth this year

Filinvest Development Corp. (FDC) plans to bolster its presence in the infrastructure space this year as the group gears up for sustained growth......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

IL Corso Filinvest Malls: A Coastal Lifestyle Destination in Cebu

IL Corso, the Filinvest Mall in Cebu, welcomed and participated in the Sinulog Festival with exciting activities from January 19-21, 2024. This included the Stellar Show, the 1st musical fountain dancing to the beats of Sinulog, a Festival Pop-up Fair, and Food Fest by the Sea enhancing the festival experience for the community. IL Corso.....»»

Category: newsSource:  inquirerRelated NewsFeb 2nd, 2024

VisCom nakadawat og mga muwebles gikan sa Filinvest

VisCom nakadawat og mga muwebles gikan sa Filinvest.....»»

Category: CCCCCCSource:  inquirerRelated NewsFeb 2nd, 2024

Filinvest Development Corporation to conduct Annual Stockholders Meeting on April 26

FILINVEST DEVELOPMENT CORPORATION (“FDC” or the “Corporation”) is set to conduct its Annual Stockholders' Meeting virtually on April 26, 2024 (Friday) at 9:00 a.m......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

Filinvest Development Corporation to conduct Annual Stockholders Meeting on April 26

FILINVEST DEVELOPMENT CORPORATION (“FDC” or the “Corporation”) is set to conduct its Annual Stockholders' Meeting virtually on April 26, 2024 (Friday) at 9:00 a.m......»»

Category: sportsSource:  abscbnRelated NewsApr 3rd, 2024

Filinvest Invests P16B in Ciudad BTO Project

The development of Ciudad will finally be realized after the Province of Cebu turned over Friday a parcel of the property to homegrown developer Filinvest Land, Inc. (FLI) through a build-transfer-operate (BTO) engagement. Cebu Gov. Gwendolyn Garcia and Tristan Las Marias, FLI president and CEO, formally kicked off the project in simple ceremonies onsite on […].....»»

Category: newsSource:  metrocebuRelated NewsMar 26th, 2024