Wednesday, December 17, 2025
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Tag: capex

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...

FDC raising P8b via preferred shares issuance to fund capex

Gotianun-led Filinvest Development Corp. (FDC) plans to raise up to P8 billion ($136 million) through the issuance of preferred shares. FDC said Wednesday in a...

D&L allots P1b from 2025 capex for expansion of Batangas plant

D&L Industries Inc., the country’s leading producer of specialty food ingredients and oleochemicals, is allocating about P1 billion from its 2025 capital expenditures to...

Globe on track to posting positive free cash flow

Globe Telecom Inc. said it is on track to positing positive free cash flow, driven by reduced capital expenditures (capex) of under $1 billion. Free...
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