Tag: capital expenditure

Romanian companies are increasingly eyeing the Philippines as a strategic investment and sourcing destination, following the inaugural Philippine Economic and Business Briefing held in Bucharest on March 17, 2026, according to the Foreign Trade Service Corps (FTSC).

The Aurora Pacific Economic Zone and Freeport Authority (APECO) is accelerating preparations to operationalize its airport, with key infrastructure projects set for bidding in the coming months as it targets the start of commercial flights by the second quarter of 2027.

Philippine financial markets are expected to remain fragile this week, with investors bracing for continued volatility as risk aversion dominates sentiment and the benchmark index struggles to regain footing above key levels.

A dispute has erupted within the Lopez family over alleged questionable spending at ABS-CBN Corporation, even as the company faces heavy financial losses.