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Megaworld allots P36 billion for 2021 capex

Megaworld Corp. is setting aside P36 billion for capital expenditures this year, up 29 percent from the P27.9 billion spent last year......»»

Category: financeSource: philstar philstarMay 6th, 2021

MPTC allots P30 billion capex for 2021

Metro Pacific Tollways Corp. is alloting more than P30 billion for capital expenditures for this year as it ramps up construction of vital infrastructure projects which are set for completion in the next two years......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2021

Jollibee allots P12.2b for 2021 capex, plans to open 450 stores

Restaurant chain operator Jollibee Foods Corp. said Monday it earmarked P12.2 billion in capital expenditures this year to fund the opening of new stores as it expects sales and profit to recover in 2021......»»

Category: financeSource:  thestandardRelated NewsFeb 15th, 2021

SMC sets P100 billion capex for 2021

San Miguel Corp., the country’s diversified conglomerate, is pouring in roughly P100 billion in capital expenditures this year as it gears up for continued recovery following a difficult business environment last year because of the onslaught of COVID-19......»»

Category: financeSource:  philstarRelated NewsJun 14th, 2021

Torre Lorenzo sets P2 billion capex for 2021

Real estate developer Torre Lorenzo Development Corp. has set its capital expenditures at P2 billion this year, lower than its yearly P3 billion capex......»»

Category: financeSource:  philstarRelated NewsJun 13th, 2021

MPIC cuts capex for 2021 to P14 billion

Metro Pacific Investments Corp., the listed tollways and infrastructure conglomerate of the Pangilinan Group, has reduced its capital expenditures for this year to P14 billion from the previously announced P25 billion......»»

Category: financeSource:  philstarRelated NewsMay 28th, 2021

Vista Land eyes P27 billion capex for 2021

Vista Land & Lifescapes Inc., the Villar-owned property developer, is looking at P27 billion in capital expenditures this year, which will largely go to construction and land development......»»

Category: financeSource:  philstarRelated NewsMay 24th, 2021

Monde Nissin allots P26.5 billion for capex

Snacks food giant Monde Nissin Corp. will spend P26.5 billion for capital expenditures through 2023......»»

Category: financeSource:  philstarRelated NewsMay 24th, 2021

Robinsons Bank allots P1 billion for capex

Robinsons Bank Corp. has earmarked close to P1 billion for its capital expenditures this year, particularly to finance information technology-related projects amid the shift in consumer behavior due to the COVID-19 pandemic......»»

Category: financeSource:  philstarRelated NewsMay 14th, 2021

Megaworld Sets Aside P36-B for Capital Spending This Year

Township developer Megaworld is allocating P36-billion for capital spending this year, as it realigns project developments with the restrictions brought about by the strict quarantine measures that affect construction movements as well as demand for residential properties especially in Metro Manila. This year’s capital expenditure (CAPEX) is 29% higher than the P27.9-billion actual spending last […].....»»

Category: newsSource:  metrocebuRelated NewsMay 10th, 2021

LT Group allots P9.7 billion for capex

LT Group Inc., the listed holding company of taipan Lucio Tan, is pouring in P9.7 billion in capital expenditures this year, a 94 percent jump from the P5 billion spent in 2020 on expectations of recovery......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2021

Filinvest earmarks P21 billion for 2021 capex

Gotianun-led Filinvest Development Corp. allocated P21.2 billion for its 2021 capital expenditure as it ventures into new banking and real estate projects......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2021

Filinvest Land allots P16B for 2021 capex

Filinvest Land Inc., the property arm of the Gotianun Group, is strengthening its logistics, e-commerce and co-living space businesses as it transitions into a post COVID-19 era......»»

Category: newsSource:  philstarRelated NewsApr 24th, 2021

Filinvest Land allots P16 bilyon for 2021 capex

Filinvest Land Inc., the property arm of the Gotianun Group, is strengthening its logistics, e-commerce and co-living space businesses as it transitions into a post COVID-19 era......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2021

EDC allots P17 billion capex this year

Lopez-led Energy Development Corp. is spending P17 billion this year to ensure long-term growth......»»

Category: financeSource:  philstarRelated NewsApr 12th, 2021

Semirara Mining allots P4 billion capex this year

Listed integrated energy company Semirara Mining and Power Corp. has set a P4-billion capital expenditure this year as it eyes to recover from last year’s slump due to the COVID-19 pandemic......»»

Category: financeSource:  philstarRelated NewsMar 16th, 2021

Monde Nissin allots P26.5 billion capex for 3 years

Monde Nissin Corp., the Filipino snack foods and noodles giant which is set to embark on a record P63-billion initial public offering, is setting aside P26.5 billion in capital expenditures in the next three years......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2021

GMA allots P20 billion for 3-year capex

GMA Network Inc. has earmarked more than P20 billion for its capital expenditures in the next three years as it goes full blast on content production and digital TV expansion......»»

Category: financeSource:  philstarRelated NewsJan 6th, 2021

Senate allots P5.9 billion for national broadband project

The Senate has increased funds for the national broadband project to P5.9 billion under the Department of Information and Communications Technology budget for 2021......»»

Category: newsSource:  philstarRelated NewsDec 7th, 2020

Duterte admin allots P21.4 billion for ICT in proposed 2021 budget

In his budget message, President Duterte said digital connectivity and access supported by a secure and reliable information and communications technology (ICT) infrastructure system is "paramount" to lay the groundwork for the country's digital transformation......»»

Category: newsSource:  philstarRelated NewsSep 6th, 2020

Vista Land allots P25 billion for capex

Villar-owned Vista Land & Lifescapes Inc. is alloting P25 billion for capital expenditures for the year, of which the company has already spent P6.5 billion in the first quarter......»»

Category: financeSource:  philstarRelated NewsAug 2nd, 2020