Tag: capital expenditure

Filipino households and businesses face another week of divergent fuel price movements, as local retailers prepare to implement mixed adjustments driven by shifting geopolitical signals, seasonal demand, and supply chain disruptions. Jetti Petroleum President Leo Bellas indicated that gasoline prices are projected to rise by ₱1.50 to ₱1.70 per liter, while diesel prices offer brief relief with an expected drop of ₱1.90 to ₱2.10 per liter. The outlook for kerosene remains unspecified for the week following a sharp increase in the previous period.

The Philippine government is rolling out key reforms to expand the Personal Equity and Retirement Account, or PERA, encouraging more Filipinos to save and invest for their future.

Mitsubishi Corp.‘X planned USD700-million investment in Ayala Corp. could help accelerate infrastructure, energy, logistics and digital projects under the Luzon Economic Corridor (LEC), deepening Japanese participation in the Philippines’ industrial development while raising expectations for stronger private-sector investment.

Cebu Pacific (CEB) has officially welcomed its 15th Airbus A330neo aircraft, cementing its standing as the largest operator of this aircraft type across Asia and bringing another modern, fuel-efficient plane into its growing fleet.