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...
To efficiently help with the operations and maintenance of its water facilities, East zone concessionaire Manila Water Co. will roll out its integration of communication and automation technologies at the Calawis and Medium-Term Common Line (MTCL) Water Supply System Projects Phase 1. The...
Starting on Tuesday, November 5, some parts of Antipolo City and Cainta will have no water for up to eight hours as a result of the line maintenance activities by Manila Water. Portions of Antipolo City’s Barangay Mayamot, (including Summerville Subdivision, Oro Vista Royale, Far East Asia,...
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...
Ako Bicol Party-list Rep. Zaldy Co (Rep. Co's office) The chairman of the powerful House Committee of Appropriations is batting for the construction of large-scale water impounding facilities across the Bicol Region to mitigate flooding and...
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...
Senator Manuel “Lito” Lapid has called on the Senate to expedite the passage of the bill seeking to establish a Department of Water Resources—a centralized agency that would implement a comprehensive framework for water management. In his speech at the 30th PWWA International...
Relief distribution in an evacuation center in Imus City on October 25 (Photo from Mayor Alex Advincula's Facebook page/MANILA BULLETIN) CAVITE – A total of 3,467 families or 12,325 individuals have been evacuated in the province due to the impact of Severe Tropical Storm Kristine....
Manila Water Company is investing P141.5 million for its third septage treatment plant (SpTP), the Pinugay Septage Treatment Plant (SpTP) in Barangay San Jose, Antipolo City, with the goal of protecting the environment and safeguarding public health. Expected to be completed by September 2025, the...
President Marcos has suggested the preemptive release of water from select dams to avoid a bigger tragedy as the government anticipates Tropical Storm Kristine to get stronger in the next 24 hours. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot) Marcos said this as the Angat, Ipo,...
