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...
Razon-led East Zone concessionaire Manila Water Co. has secured a power purchase agreement (PPA) with Manila Electric Company's (Meralco) solar power firm to integrate sustainable energy into its facilities. In a statement on Tuesday, Dec. 10, MSpectrum, Meralco's power unit, announced it would...
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...
Razon-led Manila Water Co. Inc. has completed two service improvement and expansion projects in Rizal, to enhance and expand its water service reach in the province. In a statement, Jeric Sevilla, Manila Water Communications Affairs Group director, said the projects, completed in May and July this...
The Department of Public Works and Highways (DPWH) has launched the P93.59 million San Mateo Water Supply System to provide safe and affordable water to upland communities in Norzagaray, Bulacan. DPWH Undersecretary Roberto R. Bernardo, representing Secretary Manuel M. Bonoan, led the...
LEGAZPI CITY, Albay – The Philippine Coast Guard has conducted a two-day water search and rescue training for 240 barangay officials and volunteers from the coastal villages of Albay province. THE Philippine Coast Guard conducts water search and rescue training for barangay...
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...
Razon-led Manila Water Co. reported a 39 percent growth in its net income for the first nine months of this year. In a disclosure to the Philippine Stock Exchange on Thursday, Nov. 24, Manila Water said its net income jumped from P7 billion last year to around P10 billion by the end of September...
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...
