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Tag: capital spending

Ayala Land reduces 2026 spending plan to P50 billion as net income drops 23%

Property developer Ayala Land Inc. (ALI) has reduced its capital spending plan for the year to P50 billion from an initial target of P80...

ALI plans to raise P60b from debt market to fund P85-b capex for 2023

Property developer Ayala Land Inc. plans to raise P60 billion from the debt market to partially fund its P85-billion programmed capital spending for 2023,...

Megaworld raises capital spending for 2 Bacolod projects to P45b

Megaworld Corp. said Monday it will raise its capital spending for two estate projects in Bacolod City to P45 billion from the initial program...

Empire East earmarks P25b for 5-year spending

Property developer Empire East Land Holdings Inc. on Tuesday unveiled a P25-billion capital spending plan over the next five years as condominium sales remain...

PLDT decreases capital spending this year by 25%

PLDT Inc. on Thursday reduced its capital spending by at least 25 percent this year, mostly because of the implementation of the enhanced community...

Alliance Global unveils P410-billion capital spending

Alliance Global Group Inc., the holding company of tycoon Andrew Tan, unveiled a P410-billion capital spending program for 2020 to 2024 to bankroll the...

Golden Bria raises capital spending to P5.1 billion in ‘19

Golden Bria Holdings Inc. is accelerating this year’s capital spending to P5.08 billion, as the company beefs up its land banking and construction activities...

Ayala, partner increase Alviera capex to P100b

Ayala Land Inc. and joint venture partner Leonio Land Holdings Inc. have upgraded the capital spending for Alviera, a large-scale, mixed-use estate in Porac,...

Ayala Land to issue P7-b, 10-year bonds

Ayala Land Inc. plans to issue P7 billion in 10-year fixed rate bonds to partially finance the company’s P88-billion capital spending plan in 2017. Ayala...

Vista Land gets P5.2-b funding for ’17 capex

Property developer Vista Land & Lifescapes Inc. secured a P5.15-billion long-term debt to finance next year’s programmed capital spending and repay existing obligations. Vista Land...

Globe investing at least $750m

Globe Telecom Inc. said it may raise capital spending this year to deploy network infrastructure nationwide as a part of its “aggressive” expansion to...

Globe allots $750m for capital spending

Globe Telecom Inc. on Monday said it plans to spend up to $750 million this year, down from a capital expenditure of $850 in...
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