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Lopez-led FPH allots P80B for capex program this year

First Philippine Holdings Corp. (FPH), the listed holding company of the Lopez Group, said it has allocated some P80 billion for capital expenditures (capex) for 2023. This year’s capex is more than 50 percent higher than the previous year’s P51 billion. Emmanuel Antonio P. Singson, the company’s treasurer and CFO,…
United States Emmanuel Antoniop Singson Francis Gilesb Puno Asian Eye Institute First Holdings First Philippine Holdings Corp

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Stock-Market Outlook | VG Cabuag

Last week Share prices fell last week, with the main index returning to the 6,500-point level, as profit-taking ensued during most of the sessions mainly due to the uncertain outcome of the United States’ debt ceiling issue. The benchmark Philippine Stock Exchange (PSE) index fell 2 percent or 134.35 points…
City Of Paranaque United States Japhet Louiso Tantiangco Janet Yellen Petron Corp Easycall Communications Philippines Inc

'CHEPP key to expanding First Gen's RE portfolio'

First Gen Corp.’s newest hydroelectric power asset is key to expanding the Lopez-led firm’s renewable energy (RE) portfolio, company officials said last week. Fresh River Lakes Corp. (FRLC), a subsidiary of First Gen, won in the recent competitive bidding of the 165-megawatt (MW) Casecnan Hydroelectric Power Plant (CHEPP). First Gen…
Nueva Ecija Francis Giles Puno Raphael Perpetuo Lotilla Barangay Villarica Federicor Lopez First Gen Corp

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