Try GOLD - Free

Yuchengco-led House of Investments bares P22-B spending plan

The Philippine Star

|

August 17, 2025

Yuchengco-led House of Investments Inc. (HI) is poised to spend P22 billion for its capital expenditures this year and for 2026 to support the expansion of its energy, property and education segments.

- By RICHMOND MERCURIO

"Our investment roadmap is more than just a capex plan that channels resources for strategic and long-term value creation. We are strengthening our portfolio to align with the Yuchengco Group's commitment to future-proof our stakeholders and remain catalysts for nation-building and sustainable growth," HI president and CEO Lorenzo Tan said.

Petro Energy Resources Corp. has allotted P9.3 billion for expansion in renewable energy projects through its subsidiary PetroGreen Energy.

Of the amount, P4.5 billion will be spent in 2025 and P4.8 billion next year.

MORE STORIES FROM The Philippine Star

The Philippine Star

The Philippine Star

LOVE IT OR HATE IT, 'QUEZON' ISN'T A FILM YOU CAN EASILY IGNORE

Jericho Rosales' portrayal of Manuel L. Quezon, the first president of the Philippine Commonwealth, is powerful, nuanced and brimming with conviction. He inhabits the role with intelligence and emotional honesty, showcasing his depth and maturity as an actor. No surprise if he takes home multiple Best Actor awards next year.

time to read

4 mins

November 03, 2025

The Philippine Star

Gibo to Asean: Condemn nature reserve declaration

Defense Secretary Gilbert Teodoro has called on his counterparts in Southeast Asia to condemn the harassment being perpetrated against Filipino fisherfolk in the West Philippine Sea (WPS), who are denied the right to fish in sovereign waters.

time to read

1 mins

November 03, 2025

The Philippine Star

The Philippine Star

Gatchalian wants P49-B medical aid realigned

The government's P49-billion medical assistance fund for indigent patients may be realigned to strengthen the zero-balance billing program, under a proposal by Sen. Sherwin Gatchalian, who said health care access should not depend on politicians’ discretion.

time to read

1 min

November 03, 2025

The Philippine Star

The Philippine Star

'BEAUTY AND THE BEAST' IS SET TO ENCHANT YOU IN SINGAPORE IN DECEMBER

The world has been enchanted by Disney's Beauty and the Beast for over 30 years now, starting with the original animated film that hit theaters in 1991 and became the first animated movie to receive a Best Picture nomination at the Oscars.

time to read

6 mins

November 03, 2025

The Philippine Star

The Philippine Star

BBM meets with Chile, South Korea leaders

President Marcos arrived in Manila yesterday following his participation in the Asia-Pacific Economic Cooperation (APEC) Summit in South Korea.

time to read

3 mins

November 03, 2025

The Philippine Star

The Philippine Star

CHAD BORJA MAKES MEDELLIN IN CEBU BENEFICIARY OF COMEBACK SHOW

The September 30 earthquake, which had Bogo, Cebu as the epicenter, killed a number of people, destroyed hundreds of houses and devastated thousands of individuals.

time to read

5 mins

November 03, 2025

The Philippine Star

Xi delivers veiled warning to nations not to take the US' side

Chinese leader Xi Jinping, the de facto geopolitical heavyweight at an Asia-Pacific economic summit, on Friday courted countries for trade and investment, but also implicitly warned them not to join the United States in reducing the world's reliance on Chinese supply chains.

time to read

1 mins

November 03, 2025

The Philippine Star

'Inflation stays below 2% in Oct'

Price growth seen below target for 8th straight month

time to read

2 mins

November 03, 2025

The Philippine Star

The Philippine Star

Raps vs anti-Discaya protester junked

Environmental activist Jonila Castro did not lead or organize the Sept. 4 protest at the Discaya-owned St. Gerrard Construction office in Pasig, according to the city prosecutor's office.

time to read

1 min

November 03, 2025

The Philippine Star

Left behind, again!

According to reports from Kuala Lumpur where the ASEAN Summit conference was held last week, the US granted a zero percent import tariff exemption to three outheast Asian countries — Thailand, Malaysia and Cambodia — under new trade agreements approved directly by US President Donald Trump.

time to read

4 mins

November 03, 2025

Listen

Translate

Share

-
+

Change font size