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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St. Luke’s Global City performs first SAPIEN 3 valve implant

St. Luke’s Medical Center–Global City has successfully performed its first native balloon-expandable Edwards SAPIEN 3 heart valve implantation, expanding minimally invasive treatment options for Filipino patients with severe heart valve disease.

DOTr expands Siargao Airport, upgrades ports to boost tourism

The Department of Transportation (DOTr) is improving connectivity to Siargao Island through an expanded airport passenger terminal and upgraded port facilities, aiming to accommodate growing tourism demand and provide travelers with better air and sea transport options.

NPC, Globe boost child online safety against AI misuse

The National Privacy Commission (NPC) and Globe Telecom are strengthening efforts to protect Filipino children from online privacy risks and promote responsible use of emerging technologies, including artificial intelligence (AI).

Lemon Square expands Batangas operations, opens 150th store

Big E Food Corporation, maker of Lemon Square cakes and pastries, is strengthening its presence in Batangas with a new manufacturing facility and the opening of its 150th retail store at LIMA Estate.

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