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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InLife puts insurance on everyday grocery list

Banking & Insurance 0
Insular Life (InLife) is taking insurance out of the financial-planning aisle and putting it on the everyday grocery list.

RLC sees bigger REIT asset recycling opportunities

Property 0
Robinsons Land Corp. (RLC) is eyeing a bigger asset-recycling program through RL Commercial REIT Inc. (RCR), with more malls and offices available for potential infusion as the property developer shifts toward recurring income.

Philippine reserves ease to USD103.3B in July

Banking & Insurance 0
The Philippines’ gross international reserves (GIR) fell to USD103.3 billion at the end of July from USD104.7 billion a month earlier, while the country posted a USD1.5-billion balance of payments (BOP) deficit, reflecting continued pressure from external transactions.

Cirtek swings to loss as Quintel sale weighs

Corporate 0
Listed semiconductor company Cirtek Holdings Philippines Corp. swung to a USD2.8 million net loss in the first half of 2026, from a USD1.1 million profit a year earlier, as a one-time write-off tied to the disposal of its Quintel business compounded higher costs and operating expenses.

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