GOTIANUN-LED conglomerate Filinvest Development Corp. (FDC) has allocated a P24-billion capital expenditure (capex) budget for 2025 to drive growth. The conglomerate's 2025 capex is 20% higher than the P20 billion set aside for 2024, FDC Chief Finance Officer Ven Christian S. Guce said during a briefing last week. "Forty-seven percent of that will go into [...]
FDC is a Philippines-based holding company that owns and operates businesses in markets including real estate, banking, power generation, and hospitality.