Saturday 18 August
Powered by Ajaxy
Feb 4, 2018 @ 19:53

Ayala group ratches up capital spending to P200B

 

Ayala Corp. is scaling up its capital spending to more than P200 billion this year to support an aggressive expansion program.

This is higher than the P180 billion set aside last year.

The conglomerate wants to further expand its real estate, telecom, power generation and transport infrastructure businesses.

In the last six years, Ayala Corp. had spent around P720 billion for the continued expansion of its traditonal and emerging businesses.

Tags: , , ,

Related Stories
Why is bilyonaryo of Manuel V. Pangilinan and Manila Electric Co. (Meralco) afraid of a
It's a sizeable amount which cannot be easily touched.
The consortium comprising seven of the country’s corporate behemoths is ready to kickstart the modernization
The Nikkei Asian Review has released its annual ranking of the Top 100 corporations in


 

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.