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PLDT cuts ’14 profit outlook, hikes capex

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Philippine Long Distance Telephone Co. (PLDT) cut its profit outlook for the full-year 2014 while announcing an increase in capital spending—steps it said were aimed at addressing intensifying competition and the shifting telco landscape.

Posted: November 5th, 2014 in Headlines | Read More »

RLC earmarks P17B for ’15 capex

ROBINSONS Magnolia

Gokongwei-led property developer Robinsons Land Corp. has set aside P15 to P17 billion for capital spending next year, mainly to build new shopping malls and expand some of its existing hubs.

Posted: October 22nd, 2014 in Latest Business Stories | Read More »

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 »

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