Tag: capital expenditure

Governance and transparency dominated Day 2 of the Pilipinas Conference 2025 as Ombudsman Jesus Crispin Remulla declared that economic stability begins with honest and accountable leadership. Remulla told leaders from government, business, and the diplomatic community that investors look beyond numbers and examine whether rules are followed and public funds are protected. He warned that trust is “fragile” and that corruption remains an economic threat.

Globe Telecom posted record mobile data revenues in the third quarter of 2025, highlighting a major shift in the industry as global demand for 5G-powered, data-first services continues to rise.

Negros Power has secured a five-year, 20-megawatt baseload supply contract with Aboitiz Power Corp.’s Therma Visayas, a deal expected to fortify energy security as Central Negros works to fully recover from Typhoon Tino’s damage.

Transportation Secretary Jaime Bautista Lopez said the government will pay an initial ₱1 billion in undisputed obligations to Light Rail Manila Corp. (LRMC) by year-end, following reports that the LRT-1 operator’s major shareholder, Metro Pacific Investments Corp. (MPIC), is reassessing its stake.