Essayer OR - Gratuit
Wilcon Depot increases capex
Manila Bulletin
|June 17 2025
While earnings are seen to be flat this year, the Philippines’ leading home improvement and finishing construction supplies retailer, Wilcon Depot, Inc., is increasing its capital expenditure budget by 45 percent to P3.2 billion from P2.2 billion last year.
In an online media briefing, Wilcon Vice President for Investor Relations Jean Alger stated that the bulk of this year’s capital expenditure (capex) will be allocated for new stores and warehouses, as the firm continues to expand nationwide in anticipation of a recovery in sales.
Wilcon President and CEO Lorraine Belo-Cincochan said they are planning to open a total of eight stores this year, even though the home improvement market still has to recover.
The balance of the capex will be spent on store and transportation equipment (P327 million), renovations and repairs (P 568 million), and its IT infrastructure (P137 million).
Cette histoire est tirée de l'édition June 17 2025 de Manila Bulletin.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Manila Bulletin
Manila Bulletin
VP Sara: Sedition raps being used as scare tactics by gov't against critics
Vice President Sara Duterte said the Marcos administration is intimidating critics by filing sedition raps against them, similar to what they did with her and Cavite Rep. Kiko Barzaga.
1 mins
November 17, 2025
Manila Bulletin
Marcos vows safe and swift recovery of Negros Occidental typhoon victims
President Marcos assured residents of Negros Occidental that government support will be sustained and expanded in the aftermath of Typhoon Tino, telling survivors that the administration will ensure their “safe and swift recovery.”
5 mins
November 17, 2025
Manila Bulletin
Prelate seeks corruption probe
The Archdiocese of Cebu has issued a pastoral appeal amid growing allegations of massive corruption in the government.
1 min
November 17, 2025
Manila Bulletin
Muntinlupa shoreline communities flooded due to rise in Laguna Lake water level
Muntinlupa Mayor Ruffy Biazon said shoreline communities in the city continued to be flooded due to the rise in the water level in Laguna Lake.
1 mins
November 17, 2025
Manila Bulletin
Lord, please let me see
Jesus predicts his passion, death, and resurrection for the third time, yet his disciples still fail to understand.
2 mins
November 17, 2025
Manila Bulletin
Zaldy Co confident Senate will uncover truth behind budget insertion, flood control mess
Former Ako Bicol Party-list Rep. Zaldy Co has expressed confidence that the Senate, not the Independent Commission for Infrastructure (ICI), will ultimately uncover the truth in the budget insertion and flood control projects mess.
4 mins
November 17, 2025
Manila Bulletin
Thousands march vs corruption
Palace bucks calls for President Marcos to resign
10 mins
November 17, 2025
Manila Bulletin
Pope returns 62 artifacts to Indigenous peoples from Canada as part of reckoning with colonial past
The Vatican on Saturday returned 62 artifacts from its vast ethnographic collection to Indigenous peoples from Canada, as part of the Catholic Church's reckoning with its role in helping suppress Indigenous culture in the Americas.
3 mins
November 17, 2025
Manila Bulletin
NG cedes to MVP threat on LRT-1
Metro Pacific Investments Corp. (MPIC) may hold off on its planned divestment from Light Rail Manila Corp. (LRMC) after the government immediately opened talks to address its obligations to the company.
2 mins
November 17, 2025
Manila Bulletin
Work-from- home allowed for SC, CA, CTA, Sandiganbayan, Manila trial courts on Nov. 17-18
Chief Justice Alexander G. Gesmundo allowed a work-fromhome for officials and personnel of the Supreme Court (SC), Court of Appeals (CA) in Manila, Sandiganbayan, Court of Tax Appeals (CTA), and trial courts in Manila on Monday and Tuesday, Nov. 17 and 18.
1 mins
November 17, 2025
Listen
Translate
Change font size