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ALI hikes capex to P60B on improving confidence

Summary by Inquirer
MANILA, Philippines — Property giant Ayala Land Inc. (ALI) raised its 2026 capital spending guidance to P60 billion from P50 billion, signaling stronger confidence despite a challenging property market. ALI president and CEO Anna Ma. Margarita Bautista-Dy said in a media briefing the higher capex budget comes as the company saw signs of stabilization in the

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Inquirer broke the news in Makati, Philippines (the) on Tuesday, August 11, 2026.
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