Nan Ya has also completed the trial production with 50-nanometer technology and is scheduled to convert its capacity, reaching 30,000 pieces monthly now, to the new technology next March, which will entail capital outlay
of NT$19 billion next year.
Nonmanufacturers are likely to push up combined capital outlays
The rise in end-October expenditures on infrastructure was mainly on the back of the implementation of road infrastructure program of the DPWH, modernization and capability enhancement program of the Department of National Defense-Armed Forces of the Philippines and DILG-PNP, as well as other capital outlay
projects of the Department of Education and state universities and colleges (repair and rehabilitation of school facilities), and the Department of Health (acquisition of health facilities and medical equipment), the DBM said.
The member noted that the Finance Ministry quarterly survey on companies attested that the profitability of companies have kept on rising in the April-June quarter and that electronics makers have revised upward forecasts on capital outlays
for fiscal 2000.
This was driven mainly by expenses on the infrastructure projects of the Department of Public Works and Highways, and capital outlay
projects of the Department of Education and the Department of Health.
The amount includes payments for completed infrastructure projects of the Department of Public Works and Highways (road improvement works, repair and rehabilitation, including flood control projects, construction/improvement of pumping stations, dike and drainage systems), capital outlay
projects of the Department of Education (repair and rehabilitation of school facilities) and the Department of Health (land outlays for health facilities and purchase of hospital equipment),' the DBM said in a report.
In the manufacturing sector, automakers and steelmakers have remained bullish in their capital spending projections for the fiscal year that began April 1, while electronics makers, paper/pulp makers and oil refiners plan to slash capital outlays
, it noted.
6 billion on infrastructure as well as other capital outlays
, up 11.
DBM data showed that during the second quarter, expenditures on infrastructure and other capital outlays
For 2017, capital outlays
as a share of GDP had been programmed at 5.
6 million shortfall in 2004 due largely to the 27th payroll expense and one-time capital outlays
In a report, the DBM said disbursements on infrastructure and other capital outlays
last May rose 31.