Monday 19 February 2018
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3 months ago

PTT to spend P500M in ’18 for more stations, cafes

PTT Philippines Corp. has earmarked at least P500 million for its expansion in 2018 as it revs up its non-oil business, particularly the coffee shop chain Caf Amazon. The amount is part of PTT Philippines P5-billion capex plan for the next five years, an official said in a media briefing yesterday. Sukanya Seriyothin, PTT Philippines president and chief executive, said the expenditure kitty would go primarily to the opening of more than 30 gasoline stations and about 12 Caf Amazon stores across the count

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PSEi back to 8,700

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