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Ayala Group scales up 2024 budget to P284 billion
The Ayala Group is hiking its capital expenditures this year, with its property and energy units poised for higher spending to support their expansion......»»
Drunk policeman nabbed for punching, threatening fellow officer in Cebu City
CEBU CITY, Philippines — A policeman will be spending some time in jail for allegedly punching and pointing his service firearm at a fellow police officer while intoxicated along the Sto. Niño road in Barangay Sambag 2, Cebu City on Wednesday evening, April 24, 2024. The incident reportedly happened at around 10:30 p.m. The arrested.....»»
SMIC allots P115 billion for 2024 capex
SM Investments Corp., the investment holding company of the Sy family, is spending up to P115 billion this year for the continuing expansion of its various businesses......»»
Bula from Fiji!
After spending a couple of days of pure bliss with my cousin Maya and her family in Sydney, my son Paolo — who is a vagabond for travel & adventure — convinced his sister Gabbie and I to go on a quick island getaway to what he called an “off-the-beaten-path” destination......»»
Manila Water unit spends P1.15 billion for Laguna expansion
Razon-led Manila Water Co. Inc. is spending P1.15 billion to buy into the Laguna Water District Aquatech Resources Corp. (LARC), which oversees the water supply system of the Laguna Water District in the towns of Los Baños, Bay, Calauan, Victoria and Nagcarlan in the province......»»
The Filipino superfans travelling thousands of miles to see Taylor Swift - Philippines
Swifties from across the country are spending big so they can travel to see stars Eras tour in Japan, Singapore and Australia Taylor Swift Melbourne concert live updates: Eras tour hits Australia For Allan Villa, seeing Taylor Swift live in concert is an unmissable experience, worthy of the backbreaking travel that will be required to take him there. From Masbate Island, where he lives, Villa will travel four hours by boa.....»»
Holcim allots P2 billion for co-processing, RE shift
Cement maker Holcim Philippines Inc. is spending P2 billion over the next three years for co-processing and shifting to renewable energy in line with its commitment for sustainable manufacturing operations......»»
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......»»
Drunk habal-habal driver nabbed for mauling partner in Cebu City
CEBU CITY, Philippines – A 33-year-old habal-habal driver will be spending time in jail after his live-in partner accused him of physically abusing her after a heated argument early Saturday morning, April 13, 2024. The incident took place at the couple’s residence in Sitio Wangyu, Alaska, Barangay Mambaling, Cebu City. The suspect was identified as.....»»
Global Failures on Healthcare Funding
(Washington) - New data from the World Health Organization (WHO) shows that many governments around the world did not meet public healthcare spending benchmarks amid the Covid-19 pandemic, Human Rights Watch said today. The new information indicates possible violations of countries' obligations to the human right to health.WHO's Global Health Expenditure Database.....»»
GOCC handling Clark complex posts 33 percent profit drop in 2023
The state-run firm tasked to manage the Clark Civil Aviation Complex sustained a 33 percent cut to its profit in 2023, hurt by a combination of revenue decline and spending hike......»»
AsPac govts spending heavily on digital security
As state agencies fall victim to cyber attacks, the public sector in Asia Pacific, including in the Philippines, is investing at least $7 billion this year for the upgrade of digital defenses......»»
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......»»
Food cart program gives hope to reformed drug suspects
After spending six months in jail for drug offense, and another six months for counseling and rehabilitation, 46-year-old Jessie Morales was left homeless by a fire that hit his neighborhood in Tondo last month, leaving him with nothing but more anguish......»»
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......»»
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......»»
State firms spent better in February
State agencies recorded a better spending rate as of February as the government ramped up the release of its cash allocations to fund various projects......»»
Government posts P88 billion surplus
The Marcos administration snapped eight consecutive months of budget deficit after it recorded a surplus of P88 billion in January as revenue collections outpaced spending......»»
Retail Sales in US Fall Short of Expectations Following Previous Month’s Decline
US retail sales saw a slight increase of 0.6% in February, falling short of predictions and sparking worries about consumer spending strength. This uptick follows.....»»
IPO-bound OceanaGold to explore another Didipio
Australian-Canadian firm OceanaGold Corp. is spending $2 million this year to kick start its exploration program and find “another” Didipio mine as part of its expansion program......»»