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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......»»
Taking finances personally
A country, or its government, can be criticized by economists for being too frugal and not spending all its budget to grow the economy, create jobs, and increase capital investment......»»
Higher consumption seen to drive GDP growth faster
The Philippine economy is expected to grow at a faster pace this year with the record-high employment and lower inflation likely to support consumption spending, according to First Metro Investment Corp. (FMIC) and University of Asia and the Pacific (UA&P) Capital Markets Research......»»
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......»»
Japan unexpectedly slips into recession, Germany now world’s third biggest economy
Frail consumption and capital spending point to a challenging outlook for Japan’s economy.....»»
Alsons beefs up working capital
The Alcantara Group’s Alsons Consolidated Resources Inc. (ACR) has beefed up its working capital, raising P516.7 million from the issuance of commercial papers......»»
Phinma gets P4.5B in fresh capital from global investors
Phinma Education, one of the biggest private education groups in the Philippines and the education arm of Phinma Corp., has secured P4.5 billion in fresh capital for its planned expansion of education offerings in the region......»»
House fire kills 2 kids in Philippine capital
MANILA, May 15 (Xinhua) -- Two girls aged five were killed after a fire gutted their house in Tondo district in Manila, Philippine capital, on Wednesday afternoon, the local bureau of fire protection said. The bureau said the twin sisters were trapped inside the bedroom on the second floor of a two-story concrete house when the fire broke out before 2:30 p.m. local time and spread fast inside the home. It.....»»
Haute summer: Store openings, pop-up stores solidify Manila’s claim as fashion capital
Here are some updates on new fashion store openings in town that further stake Manila’s claim as a budding global fashion capital, as the “world’s richest man in fashion” Bernard Arnault, Chairman and Chief Executive Officer of Louis Vuitton Moet Hennessy (LVMH), believed Manila would be......»»
3 dead, 17 injured in multi-vehicle crash in Philippine capital
MANILA, April 30 (Xinhua) -- A speeding bus crashed into several vehicles along a busy highway in the Philippine capital on Monday night, killing three and injuring 17 others, police said on Tuesday. According to the police, the multi-vehicle accident happened around 9 p.m. local time and involved a bus, a passenger van, a taxi, and five motorcycles. Initial investigation showed that the bus first rammed.....»»
2 dead, 9 injured in Philippine capital fire
MANILA, April 22 (Xinhua) -- Two people died and nine were injured in a fire that gutted a residential area in the Philippine capital on Monday afternoon, the Bureau of Fire Protection said. The bureau said the fire, which broke out around 12:45 p.m. local time, took the lives of two female residents. The bureau added that five residents were injured, including a 60-year-old male and a 55-year-old female.....»»
PAL hikes capital to P30 billion
Flag carrier Philippine Airlines (PAL) has received regulatory approval to raise its capital stock to P30 billion to free up space for fresh investments from its parent unit......»»
SEC, UP Law Center partner to boost capital market
The Securities and Exchange Commission has joined forces with the University of the Philippines Law Center to boost the capital market......»»
Onion capital holds Sibuyas Festival
Onion capital holds Sibuyas Festival.....»»
Singlife gets P600 million capital infusion
Digital life insurance firm Singlife Philippines has secured a P600-million capital infusion from its parent company in Singapore as it moves to grow its market presence in the country......»»
Pre-dawn fire in Philippine capital kills 1
MANILA, March 30 (Xinhua) -- A 59-year-old man died in a pre-dawn fire that gutted a house in the Philippine capital Manila on Saturday, a firefighter officer said. Ronaldo Sanchez, marshal at Navotas City Fire Station, said the fire broke out at around 3 a.m. local time and trapped the victim on the second floor of the three-story house. Sanchez added that the victim was fast asleep when the fire spread,.....»»
Kyoto: Japan s Cultural Capital
Kyoto: Japan s Cultural Capital.....»»
Bago farmers get P1-M capital trading support
Bago farmers get P1-M capital trading support.....»»
GT Capital posts record high core earnings in 2023
GT Capital Holdings Inc., the listed conglomerate of the Ty Group finished 2023 with all-time high core earnings, buoyed by record-setting financial results from core businesses......»»