BUSINESS conglomerate Alliance Global Group Inc. (AGI) is allocating P60 billion for capital expenditures (capex) this year, around 33 percent higher than last year as it prepares for further improvements in economic activities with the easing of movement restrictions.

"We are a group in motion, and we believe that with the sectors we are in, we will very much benefit from pent-up spending resulting from the further reopening of the economy," AGI Chief Executive Officer Kevin Tan said.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details