Infra, capital spending jumps to P81B in Nov

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Thu, 30 Jan 2020 16:25:27 +0000

STATE infrastructure and capital spending expanded last November on the back of public works, transport and agricultural projects, the Department of Budget and Management (DBM) reported on Thursday. In its latest disbursement report, the DBM said spending increased to P80.9 billion that month, a 28.6-percent increase from P62.9 billion in the same month in 2018. […]

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Despite Financial Hurdles, Utility Capital Spending to Remain Elevated

Credit to Author: Sonal Patel| Date: Thu, 27 Dec 2018 16:34:36 +0000

Despite higher taxable income and pressure on balance sheets, capital spending by regulated utilities will remain elevated—and much of it will be dedicated to replacing aging infrastructure, hardening or efficiency-boosting measures, and on renewables and environmental projects, said Moody’s Investors Service in a recent sectoral briefing.  The credit ratings agency for the first time this […]

The post Despite Financial Hurdles, Utility Capital Spending to Remain Elevated appeared first on POWER Magazine.

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