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MPIC sets P653-B capex for next 5 years

By Arra B. Francia, Reporter SYDNEY, AUSTRALIA — Metro Pacific Investments Corp. (MPIC) will be setting aside P653 billion in capital expenditures for the next...

PLDT expects recovery to continue in 2018

By Krista A.M. Montealegre, National Correspondent PLDT, Inc. expects to sustain its recovery next year, as the telco giant mulls raising capital expenditures above regular levels...

Missing piece of global economic growth jigsaw may be falling into...

HONG KONG -- A missing piece in the global growth jigsaw appears to be falling into place. Spurred by higher profits and buoyant stock...

Globe sees flat capex for 2018

GLOBE TELECOM, Inc. may keep its capital expenditure (capex) for 2018 at the same level as this year. “We try to keep it at...

ALI hikes capex for Porac project

By Arra B. Francia, Reporter AYALA LAND, Inc. (ALI) is spending an additional P10 billion for the development of Alviera, a mixed-use estate in Porac,...

Globe seals $155-million loan to fund capex

GLOBE Telecom, Inc. on Friday said it had signed a $155-million loan with Metropolitan Bank & Trust Co. with terms of seven and 10...

Jollibee capex set to double amid aggressive store expansion

JOLLIBEE Foods Corp. said it is looking to breach the 4,000-store level across all its brands in 2017, while allocating P14.7 billion in capital...