Fruitas doubling 2020 capex budget
While other companies are slashing their capital outlays due to the coronavirus pandemic, newly listed leading kiosk operator Fruitas Holdings Inc. is doubling its capital expenditure (capex) budget this year…
SM Prime keeps P80-B capex for 2020 despite poor Q1 turnout
For the first time in its history as an integrated property developer, SM Prime Holdings reported a year-on-year decline in quarterly profits in the first three months of the year…
Ayala Land slashes 2020 capex budget, puts on hold new projects
Property giant Ayala Land Inc. (ALI) has scaled down its capital spending budget this year to P70 billion from P110 billion and put on hold new projects, investments and land…