CAPEX Tag

Aboitiz Group hikes 2022 CAPEX to P69 Billion, up by P152%

Aboitiz Group, one of the country’s largest conglomerates, allotted roughly P69 billion in capital expenditure (CAPEX) this year, 152% higher than P27 billion utilized in 2021. The substantial budget increase will be used to fund the growth plans for 2022 and beyond as it approaches...