Friday, May 1, 2026
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Tag: capex

AEV spending P88.5b for 2026 growth push

Conglomerate Aboitiz Equity Ventures (AEV) is setting aside P88.5 billion in capital spending for 2026 as it ramps up investments across its core businesses...

AEV sets P88.5-b capex for 2026, focuses on power

Conglomerate Aboitiz Equity Ventures (AEV) is allocating P88.5 billion in capital expenditures for 2026, with the majority of the spending earmarked for the expansion...

Maynilad’s income jumps 19% to P15.2b

Maynilad Water Services Inc., the water concessionaire for the west zone of Metro Manila, said its consolidated net income climbed 19 percent to P15.2...

EDC plans P19-billion spending for 2026

Energy Development Corp (EDC) is projecting capital expenditure (capex) spending of P19 billion for 2026 to finance its geothermal expansion program, according to senior...

S&P affirms PLDT’s ‘BBB’ ratings on enhancements following cost overrun

S&P Global Ratings has affirmed PLDT Inc's 'BBB' credit rating, citing improved corporate governance and tighter controls over capital expenditure. The outlook is stable. S&P...

Globe secures P5-b BOC loan for debt, capex

Globe Telecom Inc. has secured a P5 billion term loan facility from the Bank of Commerce to support its ongoing capital expenditures, refinance debt...

Maynilad denies talks with PrimeWater

Maynilad Water Services Inc. (Maynilad) on Friday denied any involvement in discussions regarding a potential acquisition of PrimeWater Infrastructure Corp. by major shareholder Metro...

NEA’s loans to electric cooperatives hit P1.98 billion in third quarter

The National Electrification Administration (NEA) said at least 32 electric cooperatives (ECs) across Luzon, Visayas and Mindanao accessed a combined P1.98 billion in loans...

Metro Dumaguete Water commits P524-m investment over five years

Metro Dumaguete Water (MDW) is committing a P524-million investment over the next five years to enhance the city’s water supply and services. The capital expenditure...

Ayala Land eyes P15-b bond sale to fund capex

Property developer Ayala Land Inc. (ALI) plans to issue up to P15 billion in sustainability-linked bonds next month to partially fund capital expenditures and...

Meralco energizes 9 major projects

Manila Electric Co. (Meralco) said Wednesday it completed nine major capital expenditure projects in the second quarter of 2025 with investments of nearly P2...

SM Prime earned P24.5 billion in first half, plans retail bond sale

Property developer SM Prime Holdings Inc. said Monday it plans to raise between P15 billion and P20 billion from the issuance of retail bonds...

Century Pacific earmarks up to P5b in capex to expand food business

Century Pacific Food Inc. (CNPF) earmarked P4 billion to P5 billion in capital expenditures for 2025 to expand its core branded food business as...

Philex Mining unveils $1-b Silangan mine in Mindanao

Philex Mining Corporation (Philex), one of the oldest and largest copper and gold producers in the Philippines, recently unveiled its Silangan Project in simple...
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