Filinvest Development Corporation provided capital expenditures guidance for the year 2018. The company is budgeting PHP 45 billion in capital expenditures in 2018, announced at its annual stockholders' meeting May 4, 2018. More than three-fourths will be allocated to property segment while PHP 10 billion will be reserved for other potential investments. Within the property segment, PHP 5 billion will be allocated to the hotel group.