GT Capital Holdings is reviewing its capital expenditure and growth strategy for 2026 as it navigates uncertainty from an unfolding global crisis, Vice Chairman Alfred Ty said.
“Everything is on the table,” Ty said, noting the conglomerate has yet to finalize its spending program as it evaluates the potential duration and impact of ongoing disruptions.
Management is weighing whether a quick resolution to the crisis would lead to a strong rebound. “Even if it ends quickly, will it bounce back? We don’t know. So everything will need to be reviewed,” he added.
Among the immediate concerns are rising fuel and power costs, which Ty estimates account for 20 percent to 30 percent of the group’s overall exposure. These pressures are expected to ripple across GT Capital’s diversified portfolio.
“Lahat ‘yan may impact,” he said, pointing to broad economic spillovers. “How can the bank not be affected? It will impact the economy.”
Ty said the automotive segment faces headwinds from higher logistics costs and foreign exchange volatility, while other business units are similarly exposed to rising input costs.
GT Capital’s core businesses span banking, automotive, property, and infrastructure, leaving the group sensitive to both domestic and global shifts.
With uncertainty clouding the outlook, the conglomerate is reassessing its assumptions for capital spending and growth targets.
“We haven’t finalized the numbers,” Ty said. “But clearly, we have to reconsider—capex, growth, everything.”
