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                    [Title] => Fil-Estate allots P2.5-B capex for this year
                    [Summary] => 



Fil-Estate Land Inc. (FELI) has earmarked P2.5 billion for its capital expenditures this year, which include the development of ongoing and new projects, as it hopes to capitalize on the booming property sector, fueled by low interest rates and robust remittances from overseas Filipino workers.


FELI chairman Robert John Sobrepeña said the company, which is now debt-free after wiping out all its bank debts, is intent on pursuing the development of several large-scale projects this year to generate more revenues.


                    [DatePublished] => 2007-01-12 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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CENTER AND NEW PORT HILLS

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                    [Title] => Fil-Estate allots P2.5-B capex for this year
                    [Summary] => 



Fil-Estate Land Inc. (FELI) has earmarked P2.5 billion for its capital expenditures this year, which include the development of ongoing and new projects, as it hopes to capitalize on the booming property sector, fueled by low interest rates and robust remittances from overseas Filipino workers.


FELI chairman Robert John Sobrepeña said the company, which is now debt-free after wiping out all its bank debts, is intent on pursuing the development of several large-scale projects this year to generate more revenues.


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abtest

Fil-Estate allots P2.5-B capex for this year

By Zinnia B. Dela Peña | January 12, 2007 - 12:00am

Fil-Estate Land Inc. (FELI) has earmarked P2.5 billion for its capital expenditures this year, which include the development of ongoing and new projects, as it hopes to capitalize on the booming property...

Business