Phinma Property Holdings Corp. (Phinma Properties) is boosting its capital spending this year to nearly P2 billion in a bid to wrap up six new projects and to cater to the demands of the new “Fil-Am” market.
Willie J. Uy, Phinma Properties president, said the company is allotting P1.9 billion in capital expenditures this year compared to the P800 million to P900 million actual spending last year due to its six ongoing projects this year.
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