capital spending

PLDT to Maintain Capital Spending at Record Level to prepare for Telstra entry

Philippine Long Distance Telephone Co. will allocate another record level 43 billion pesos ($915 million) in capital spending this year to defeat domestic competition and prepare for the possible entry of Telstra Corp. to the Philippines.

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Japan's wary manufacturers resist Abe's urge to splurge

Hirotoshi Ogura, a self-described “factory geek”, is Daikin Industries' (6367.T) master of doing more with less – and part of the reason Japan’s recovery remains stuck in the slow lane.

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U.S. CEOs modestly more upbeat on economy, spending: survey

U.S. chief executive officers are modestly more upbeat about the economy and almost half plan to increase capital spending over the next six months, a quarterly business group survey said on Tuesday.

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Rio Tinto to cut capital spending in half by 2015

As the second-biggest mining company in the world, Rio Tinto Group, struggles against the drop in mineral prices, the company resolved to reduce its capital spending to around USD8 billion in 2015.

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Vodacom to grow in South African market

South African wireless operator Vodacom had laid out plans to increase its investments through increased pace of network upgrades according to its Chief Executive Officer Shameer Joosub.

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EZChip to benefit from Verizon capital spending

The prospects of EZChip of Israel improved as Verizon announced its latest LTE programs.

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PetroChina now turning new page after Chairman Jiang Jiemin

As the company faces an investigation on corruption under the previous leadership, the new management of PetroChina is seeking to distance itself from the legacy of its former chairman.

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Samsung appoints new African CEO, boosts capital spending

Samsung appointed a new African CEO and boosted capital spending.

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