Tag: Capex

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Axelum budgets P200M capex after record P10B revenues

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

 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

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

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

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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Japan talks unlock Philippine farm export gains 

Philippines is moving to expand agricultural exports to Japan while simultaneously importing advanced logistics and post-harvest technologies that officials say could reshape domestic supply chains, Agriculture Secretary Francisco Tiu Laurel Jr. said following meetings in Tokyo.

First Gen: New hydro projects to deliver P16B annual income by 2031

First Gen Corp. expects its upcoming hydro power projects to generate roughly P16 billion in net income annually once fully operational by 2031.

Tourism’s GDP share eases as spending slips

The Philippines’ tourism sector posted a more nuanced performance in 2025: employment continued to rise, but its overall economic footprint softened, pointing to a recovery that is steady in participation but uneven in value generation.

DA reforms El Niño Task Force amid threat of prolonged dry spell

The Department of Agriculture (DA) has reactivated its El Niño task force to prepare for a likely moderate-to-strong dry spell hitting in the fourth quarter of 2026 and lasting into early 2027. DA Secretary Francisco Tiu Laurel Jr. emphasized urgent, coordinated steps to shield crops, farmer incomes, food supply, and prices from harm.

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