Reuters logo
PHILIPPINES PRESS-Ayala to spend $4.3 bln on expansion-Standard
March 12, 2014 / 1:30 AM / 4 years ago

PHILIPPINES PRESS-Ayala to spend $4.3 bln on expansion-Standard

Ayala Corp, the country’s oldest conglomerate, is increasing capital spending this year to 190 billion pesos ($4.3 billion) to support real estate, banking, telecommunication and water businesses and fund new investments such as energy and infrastructure projects, the Manila Standard Today reported.

(link.reuters.com/qap57v)

----

NOTE: Reuters has not verified this story and does not vouch for its accuracy. ($1 = 44.475 Philippine Pesos) (Compiled by Manila newsroom; Editing by Subhranshu Sahu)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below