Maynilad Water Services Inc., the water concessionaire for Metro Manila's West Zone, is investing P30 billion in a new water treatment plant and pipeline projects in Rizal province. In an interview, Maynilad Chief Operating Officer Randolph Estrellado said P10 billion will be allocated for the...
Get ready to dig deeper into your wallets, as water rates in Metro Manila are set to increase in the first quarter of 2025. The Metropolitan Waterworks and Sewerage System (MWSS) announced on Thursday, Dec. 12, that both Manila Water and Maynilad will implement rate hikes to maintain and improve...
Maynilad Chief Sustainability Officer Atty. Roel S. Espiritu (center) holds the certificate of recognition given to Maynilad by the International Water Association (IWA) for being one of 28 “climate smart” utilities worldwide cited during the 2024 IWA Climate Smart Utilities Recognition. With...
West Zone concessionaire Maynilad Water Services, Inc. is nearing completion of its CAMANA (Caloocan-Malabon-Navotas) Water Reclamation Facility, which will improve services in South Caloocan, Malabon, and Navotas. In a statement on Tuesday, Dec. 3, Maynilad announced that the P10.5 billion...
(Courtesy of DOLE) The Department of Labor and Employment (DOLE) said Friday, Nov. 22, that it has formalized a partnership with Maynilad Water Services, Inc. to launch the Labor Relations Training Program, which aims to benefit over 300 line managers and enhance workplace governance. DOLE...
Maynilad Water Services, Inc. (Maynilad) is preparing to test its new P1.6-billion water reclamation facility (WRF) and sewer conveyance system in Barangay Cupang, Muntinlupa City, with the goal of full operation by year-end. In a statement, Maynilad said the Cupang Water Reclamation Facility has a...
The Parañaque City government announced that Maynilad Water Services Inc. will implement water service interruptions in some barangays in the city on Nov. 25 to 26. Maynilad advisory on water service interruption (Photo courtesy of Parañaque PIO) The communities that will be affected are...
While still ironing out some kinks, Maynilad Water Services Inc. is committed to launching its initial public offering (IPO), estimated at $1 billion, within 2025, and will file its application with regulators by the first quarter. “Yes, we are poised to list next year. Our target is to be...
Consunji-led diversified engineering conglomerate DMCI Holdings reported a three percent improvement in net income to P4 billion for the third quarter of 2024, from P3.9 billion in the previous year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the increase was driven by...
Pangilinan-led Metro Pacific Investments Corporation (MPIC) reported a 28 percent growth in consolidated core net income, hitting a record P20.8 billion in the first nine months of 2024, from P16.2 billion in the same period last year. In a statement, the firm said improved financial and operating...
In an effort to expand its sewerage services in Parañaque City, Metro Manila West Zone concessionaire Maynilad Water Services Inc. is laying a new sewerage line that would benefit over 35,000 residents in the area. In a statement, Maynilad said it has invested P695 million to lay the sewage pipes...
West Zone concessionaire Maynilad Water Services, Inc. and the Caloocan Local Government Unit (LGU) have signed a deal to boost water management and minimize water losses over the next three years. According to their signed memorandum of understanding (MOU), the LGU will issue permits for...
