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Melco hikes casino capex

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Casino operator Melco Crown (Philippines) Resorts Corp. is planning an equity offer via “top-up” placement to cover part of P9-billion increase in capital outlays for the upcoming integrated resort City of Dreams Manila.

Posted: June 19th, 2014 in Headlines | Read More »

FDC sets capex at P38B

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Gotianun-led Filinvest Development Corp. has allocated P38 billion for capital expenditures this year, mainly to finance its real estate ventures.

Posted: May 31st, 2014 in Headlines | Read More »

Filinvest Development Corp. allots P38-B for capex

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SCREENGRAB from www.filinvestgroup.com

Filinvest Development Corp. has allocated P38 billion for capital expenditures this year, mainly to finance its real estate ventures.

Posted: May 30th, 2014 in Latest Business Stories | Read More »

ALI to raise hotels capex

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Property giant Ayala Land Inc. is investing around P11 billion to scale up its interest in the local tourism industry with the goal of doubling its hotel and resort room inventory to 4,100 by 2016.

Posted: April 10th, 2014 in Headlines | Read More »

First Pacific group allots P81B capex

Manuel V. Pangilinan: Service quality and operational efficiency. FILE PHOTO

The First Pacific group led by businessman Manuel V. Pangilinan has earmarked about P81 billion in fresh capital outlay this year to grow its Philippine infrastructure, telecom and mining businesses.

Posted: March 20th, 2014 in Latest Business Stories | Read More »

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