Tag: Capex

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Axelum budgets P200M capex after record P10B revenues

Corporate Context.ph Context.ph -
Axelum Resources Corp. has earmarked around P200 million in capital expenditures for 2026 to expand automation, upgrade machinery, and sustain operations, following a record year that pushed revenues past the P10-billion mark.

 Monde Nissin P7.5B capex targets expansion

Corporate Context.ph Context.ph -
 Monde Nissin Corp. is set to allocate P7.5 billion in capital expenditures in 2026, focusing on expanding its Asia-Pacific food and beverage operations while maintaining caution amid global uncertainties.

Converge eyes P18B-P23B capex to expand capacity

Communications & Technology Context.ph Context.ph -
Converge Information and Communications Technology Solutions Inc. is dialing up investment in its fiber network this year, signaling that the Philippine broadband race is far from over.

PHINMA trims capex, prioritizes project execution

Corporate Context.ph Context.ph -
Capital spending at PHINMA Corporation is expected to moderate in 2026 as the group shifts its focus from launching new investments to completing and monetizing projects already in its pipeline.

DMCI Homes lines up 2026 project push

Property Context.ph Context.ph -
DMCI Homes is positioning itself for a stronger 2026, rolling out four residential developments backed by a P16-billion capital expenditure program, as expectations of lower interest rates lift sentiment in the housing market.

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EastWest drops transfer fees as digital banking race heats

Banking & Insurance 0
EastWest Bank is joining a growing wave of Philippine lenders eliminating digital fund transfer fees, signaling how free online transactions are fast becoming a competitive necessity rather than an added customer benefit.

Gatchalian shifts focus to perks for wider EV adoption

Transport & Logistics 0
Senate President Sherwin Gatchalian is pushing a new approach to accelerate electric vehicle (EV) adoption, arguing that convenience and ease of ownership could be just as important as tax incentives in persuading more Filipinos to make the switch.

SJDM Bulacan declares PrimeWater persona non grata over water crisis

Corporate 0
The local government of San Jose del Monte (SJDM) City in Bulacan formally declared PrimeWater Infrastructure Corp. persona non grata under Resolution No. 2026-07-529 during its July 8, 2026 regular session.

Basic Energy budgets P1 billion second-half capital expense

Corporate 0
Basic Energy Corporation plans to spend as much as P1 billion in capital outlays for the remainder of 2026, marking a significant jump from the P100–P200 million recorded in 2025, when the firm only carried out pre-development work for its project pipeline. Chief executive officer Oscar de Venecia Jr. confirmed this during a recent event in Taguig City, noting that around P500 million has already been spent so far this year.

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