Monday, December 8, 2025
Today's Print

Tag: capital expenditure

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...

SM Prime maintains P100-b spending plan for next year

SM Prime Holdings Inc. is cautiously optimistic about the prospects for the real estate sector in 2026 but plans to maintain a P100 billion...

Ayala Land’s income flat at P21.4 billion on lower 9-month revenues

MANILA—Ayala Land Inc (ALI) reported net income of P21.4 billion in the first three quarters of 2025, nearly flat compared to the same period...

Maynilad kicks off biggest IPO in over four years

Maynilad Water Services Inc., the water concessionaire for the west zone of Metro Manila, kicked off its P34-billion initial public offering (IPO) on Thursday...

Meralco to expand underground cable network in business districts

Power retailer Manila Electric Co. (Meralco) plans to develop an additional 1,500 circuit kilometers of underground cables to enhance reliability, safety and visual appeal,...

Ayala Land gets SEC nod for P15-billion sustainability bonds

Property developer Ayala Land Inc. (ALI) said Friday it secured approval from the Securities and Exchange Commission (SEC) to offer up to P15 billion...

ERC vows to rule on NGCP capex projects by end-September

The Energy Regulatory Commission (ERC) has vowed to complete a ruling this month on the remaining capital expenditure projects of transmission operator National Grid...

Megaworld unveils luxury residential project costing P100 million per unit

Property developer Megaworld Corp. said Wednesday it is entering the ultra-high-end residential market, with its first luxury project priced from around P100 million per...

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...

Major telcos vow to sustain network expansion

The country’s two largest telecom companies remain optimistic about 2025 as they continue to expand their networks nationwide. PLDT Inc. is investing between P75 billion...

Visayan Electric seeks ERC approval for P4.27-b capex

Visayan Electric Co. (VECO) is seeking approval from the Energy Regulatory Commission (ERC) for its capital expenditure (capex) program amounting to P4.273 billion. Bulk of...

Cebu Pacific sets P50b capex for 2024

Cebu Air, Inc., operator of Cebu Pacific said over the weekend it set a higher capital expenditure (capex) budget by 19 percent next year,...

Meralco plans to spend P50b to roll out smart grid, automate distribution until 2026

Power retailer Manila Electric Co. asked the Energy Regulatory Commission to approve a capital expenditure budget of P40 billion to P50 billion to roll...

Davao Light sets P2.4-b capex for ‘24 expansion

DAVAO CITY—Davao Light and Power Co. Inc. is looking at capital expenditure of P2.4 billion in 2024 as it undertakes capacity expansion to serve...
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