Monday, January 26, 2026
Today's Print

Tag: capital expenditure

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...

IPO-bound Repower eyes P15-b capex to build 50 MW of projects

Repower Energy Development Corp., a subsidiary of Pure Energy Holdings Corp., is looking at a capital expenditure budget of P15 billion to develop 50...

Maynilad allots P4b this year to reduce non-revenue water

Maynilad Water Services Inc. is spending P4 billion in 2023 to reduce non-revenue water in the west zone of the Greater Manila Area, up...

Semirara hikes 2023 capex budget

Integrated energy company Semirara Mining and Power Corp. is looking at a capital expenditure budget of P6.1 billion this year, up 42 percent from...

Israeli firm spending $34m in East-Palawan project

Israeli company Ratio Petroleum, the operator of Service Contract No. 76, is looking at a projected minimum expenditure of $34.35 million to develop the...

S&P: P48-b budget overrun may stretch PLDT’s finances

PLDT Inc.’s sizable budget overrun on capital expenditure could stretch its balance sheet and weigh on its credit profile, while governance risks arising from...

RFM allots P1.2-billion capex to grow milk, other consumer businesses

Listed food and beverage company RFM Corp. said Friday its board of directors approved a P1.2-billion capital expenditure plan to expand the production capacities...

NGCP sets P66-b operations budget until 2040

Power transmission operator National Grid Corp. of the Philippines set an operations and maintenance budget of P66.64 billion from 2022 to 2040. NGCP said its...

SMC tollway unit ups capex to fund extension of SLEX

The tollway unit of San Miguel Corp. raised its capital expenditure budget by 49.5 percent this year to partially fund the maintenance of South...

SMC Global hikes capex to P133.67b

SMC Global Power Holdings Corp., the power arm of conglomerate San Miguel Corp., increased its long-term capital expenditure budget to P133.668 billion from P125...

First Gen investing $550m for expansion

Clean energy leader First Gen Corp. is looking at a capital expenditure of $550 million this year, with the bulk to be spent on...

Pilipinas Shell eyes 60 new stations this year as part of expansion plan

Pilipinas Shell Petroleum Corp. plans to put up 40 to 60 stations this year as part of its expansion program, an executive said over...
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