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Razon unit strengthens exposure in water infrastructure

The Razon Group’s joint venture with a privately owned Australian construction company plans to beef up its presence in the water infrastructure space to support its growth in the coming years......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Institutionalize space allocation for ICT infrastructure in development projects – think tank

Legislators should adopt a no-lease policy in a pending legislation requiring real estate developers to allocate space for information and communication technology (ICT) infrastructure in all existing and new development projects, according to international think tank Stratbase Institute......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

NEDA approves 23 new priority infrastructure projects

The National Economic and Development Authority Board has approved the inclusion of 23 projects in the list of infrastructure flagship projects to be prioritized under the current administration, bringing the total cost to P9.14 trillion......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

DENR, DPWH to expedite Mindanao resilient infrastructure programs

Mindanao-wide resilient infrastructure programs will be expedited amid recent disasters in the region, according to the Department of Environment and Natural Resources......»»

Category: newsSource:  philstarRelated NewsFeb 26th, 2024

DPWH, DOTr vow to enhance collaboration on infrastructure projects

The Marcos administration is ramping up key infrastructure projects via enhanced collaboration between the Department of Public Works and Highways and the Department of Transportation......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Infrastructure damage hits P588.4 million in Davao, Caraga

Damage to infrastructure due to floods and landslides following heavy rainfall spawned by the northeast monsoon and trough of a low-pressure area in Davao and Caraga regions since Jan. 28 has reached P588.4 million......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 2024

World Bank urges Philippines to address funding, infrastructure challenges

The Philippines need to address challenges in terms of funding, lack of digital infrastructure and technical competencies as local government units are looking to develop smart cities, the World Bank said......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Balamban town completes 30 infrastructure projects

Balamban town completes 30 infrastructure projects.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

That extra step: How TV Patrol verified Rep. Paolo Duterte s questionable PHP51-billion infrastructure budget

CHEERS TO ABS-CBN's TV Patrol for its report that confirmed that Davao City 1st District Representative Paolo Duterte received a total of PHP51 billion for infrastructure projects from 2020 to 2022, when his father, former president Rodrigo Duterte, was still in o.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Philippines urged to improve broadband infrastructure

The Philippines will need to pursue and implement reforms aimed at encouraging competition and investments to improve its broadband infrastructure, according to a World Bank study......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Figaro spending P1 billion this year for group-wide store expansion

Figaro Coffee Group Inc. (FCG) is earmarking about P1 billion for capital expenditures this year to sustain its growth......»»

Category: financeSource:  philstarRelated NewsMay 19th, 2024

AGI allots P75 billion for 2024 capex

Alliance Global Group Inc. , the holding company of tycoon Andrew Tan, has set aside P75 billion for capital spending this year to support the continuous growth and expansion of its businesses......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

Megaworld earmarks P55 billion for 2024 capex

Real estate giant Megaworld Corp. is spending P55 billion for capital expenditures this year to further bolster its expansive portfolio......»»

Category: financeSource:  philstarRelated NewsMay 13th, 2024

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......»»

Category: financeSource:  philstarRelated NewsApr 26th, 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

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

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......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 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