SM Investments Corp. (SMIC) of the Sy family said Wednesday it is spending between P110 billion and P115 billion this year primarily to support the expansion of its property and retail businesses.
SMIC senior vice president for finance Franklin Gomez said in a news briefing following the company’s annual stockholders meeting said the 2024 capital expenditures would be higher than P80 billion thje group spent in 2023.
Gomez said the group...
The growth in value of the most valuable Philippine brands echoes the positive sentiments of their nation’s economic outlook, according to a new report...
Mitsubishi Motor Philippines Company (MMPC) is eyeing a 15-percent sales growth in 2024 to 94,000 vehicles from 81,473 units in 2023.
MMPC vice president for...
Aboitiz InfraCapital Inc., the infrastructure arm of the Aboitiz Group, said Monday it allocated P24 billion this year for tower acquisition and development of...
