Manila Water moves forward with P95-B capex through 2027
EAST ZONE concessionaire Manila Water Co., Inc. said it is continuing its P95-billion capital expenditure (capex) program for water and wastewater projects, which began...
SM Prime sets sights on premium residential development
REAL ESTATE company SM Prime Holdings, Inc. is entering the country’s premium residential market.
MPH plans to acquire at least 4 hospitals this year
METRO PACIFIC Health Corp. (MPH) is aiming to acquire at least four hospitals this year, the company’s president said.
“The last two years were rather...
FDC boosts 2025 capex by 20% to P24 Billion
GOTIANUN-LED conglomerate Filinvest Development Corp. (FDC) has allocated a P24-billion capital expenditure (capex) budget for 2025 to drive growth.
The conglomerate’s 2025 capex is 20%...
PLDT eyes to finish Apricot submarine cable project by 2027
PANGILINAN-LED telecommunications company PLDT Inc. said it expects to fully complete its Apricot submarine cable system by 2027.
“There are two landing stations, one in...
Aboitiz group targets more regional airports in expansion move
ABOITIZ InfraCapital, Inc. is keen on taking over the operations and maintenance of other regional airports in the country as the infrastructure arm of...
Ionics EMS plans to break ground on new facilities in Batangas
IONICS EMS, Inc. said it plans to start construction of two general-purpose facilities at the Light Industry and Science Park (LISP) IV as part...
PNOC eyes small-scale LNG development in BARMM
STATE-RUN Philippine National Oil Co. (PNOC) is targeting the development of small-scale liquefied natural gas (ssLNG) projects in the Bangsamoro Autonomous Region in Muslim...
SEC signs beneficial ownership data sharing deal with DBM
THE Securities and Exchange Commission (SEC) has signed a data-sharing agreement on beneficial ownership data with the procurement service of the Department of Budget...
MPTC seeks to cut debt before listing next year
METRO PACIFIC Tollways Corp. (MPTC) plans to go public next year after focusing on toll road expansion and debt reduction this year, its top official said.
DMCI Homes 2024 net income dragged by weak sales
DMCI PROJECT Developers, Inc.’s (DMCI Homes) net income fell 31% to P2.8 billion in 2024 from a year earlier due to weak sales and...
Golden MV earnings soar to P1T due to property valuation gains
VILLAR-LED property developer Golden MV Holdings, Inc.’s net income surged to P999.72 billion last year from P1.46 billion a year earlier, spurred by fair...