Advertisements


We are sorry, the requested page does not exist




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

Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO

Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Jollibee spending P23 billion for capex

Jollibee Foods Corp. is spending as much as P23 billion this year to sustain its growth momentum after posting strong profitability in 2023......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

ICTSI on expansion mode; raises capex to $450 million

International Terminal Services Container Inc. has raised its capital expenditures to $450 million this year to pursue new expansion projects......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Maynilad spending P30 billion for service improvements

West Zone concessionaire Maynilad Water Services Inc. is setting aside as much as P30 billion for capital expenditures (capex) this year to continue service improvements amid the ongoing threat of the El Niño weather phenomenon......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 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

800% increase in fire damage in Mandaue in 2024

800% increase in fire damage in Mandaue in 2024.....»»

Category: newsSource:  sunstarRelated NewsMar 3rd, 2024

Fuel prices as of Jan. 30: Gasoline up by P2.80, diesel by P1.30 

CEBU CITY, Philippines – Local oil companies here have announced ta significant increase in the prices of fuel effective Tuesday, January 30, 2024. As a result, motorists in Cebu City will be facing a hefty increase in the prices of fuel products on the first week of February. This marks the fourth consecutive week of.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 2024

Cebu Daily Newscast: P25 fare increase: Jeepney drivers to demand this hike if…

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Thursday, May 2, 2024. P25 fare increase: Jeepney drivers to demand this hike if… Ordinary passengers who rely on commuting daily will face a much greater burden on their wallets, as jeepney drivers will.....»»

Category: newsSource:  inquirerRelated NewsMay 2nd, 2024

Pag-IBIG rate increase gets FFW’s support

Pag-IBIG Fund secured the support of the Federation of Free Workers, one of the country’s top labor organizations, in its plan to increase the nearly four-decade-old mandatory monthly savings rate for both members and their employers starting January 2024, officials said Monday......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

DA working double time to increase rice production at lower cost amid inflation

The Department of Agriculture promised to intensify its efforts to increase the level of rice production in the Philippines with lower expenditures to alleviate food and non-food inflation, particularly rice......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

Residential electricity rate up by P0.13 for March – April billing

Visayan Electric residential consumers will experience an increase of P0.13 per kWh in their March – April billing. The hike, which is caused by an increase in the transmission charges imposed by the National Grid Corporation of the Philippines (NGCP), brings the total electricity rate from P11.25 per kWh of the previous month to P11.38.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Maya is '1 Digital Bank in PH

Maya now stands as the #1 Digital Bank in the Philippines, revolutionizing the industry with its unified payments and banking services on one digital platform. In 2023, Maya saw a remarkable increase in users, with 3 million depositors, more than double the previous year, and a deposit balance reaching PHP25 billion, a 69% increase from […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 10th, 2024

Fuel prices in Cebu City as of Feb. 6: Gasoline up by 75 centavos, diesel by P1.50

CEBU CITY, Philippines — Another round of increase in fuel prices greeted motorists on Tuesday, February 6. Local oil firms announced in separate advisories that the prices of gasoline will increase by 75 centavos per liter and diesel by P1.50 per liter. Meanwhile, kerosene was up by 80 centavos per liter. The Department of Energy.....»»

Category: newsSource:  inquirerRelated NewsFeb 6th, 2024

PH Inflation Up To 3.8% in April 2024

The country’s headline inflation saw a slight uptick in April 2024, according to a report by the Philippine Statistics Authority (PSA) released on May 7, 2024. The said increase brings the cumulative inflation rate to 3.4% for January to April 2024, much lower than April 2023 at 6.6%. Factors Driving the Increase The surge in […].....»»

Category: newsSource:  metrocebuRelated NewsMay 7th, 2024

Liloan police to increase patrols in gang meeting spots

CEBU CITY, Philippines –  To prevent more violent clashes like the recent shooting involving rival gangs “Bloods” and “Crips” in Liloan, police will increase patrols in areas where gangs often meet. This comes after a deadly incident where five assailants followed their rivals from Brgy. Maguikay in Mandaue City to Liloan on Wednesday, May 8,.....»»

Category: newsSource:  inquirerRelated NewsMay 10th, 2024

P25 jeepney fare hike: LTFRB-7 says it won’t happen

  CEBU CITY, Philippines – The demand for a P25 increase in the minimum fare for jeepney drivers, from P15 to P40, is deemed impossible to realize, according to the Land Transportation Franchising and Regulatory Board (LTFRB) Region 7 Director Eduardo Montealto Jr. Montealto said that the P25 increase should not be taken lightly, as.....»»

Category: newsSource:  inquirerRelated NewsMay 3rd, 2024