The revised concession agreement (CA) between Metropolitan Waterworks and Sewerage System (MWSS) and Manila Water Company Inc. was supposed to take effect on September 30, but the two parties agreed to push it to a later date. 36025 This, according to Manila Water, will synchronize the date of...
The Senate on Monday, Sept. 27, approved on third and final reading the bill revising the 112-year-old charter of Baguio City. House Bill No. 8882 or the Revised Charter of the City of Baguio was approved with 23 affirmative votes, no negative votes, and no abstention. The House of Representatives...
The Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO) is still clarifying with the government panel that revised concession agreements between MWSS and water concessionaires if the foreign currency differential adjustments (FCDA) can still be implemented for the third quarter...
The International Air Transport Association (IATA) has improved the aviation industry's projected 2021 losses, from $126.4 billion (net profit margin of -33.9%) earlier, to $47.7 billion (net profit margin of -10.4%). However, IATA Director General Willie Walsh said that the pain of the crisis...
The International Air Transport Association (IATA) last night (November 24) revised its outlook for the airline industry performance to show deeper losses in 2020 and 2021. Airlines will suffer a net loss of $118.5 billion for 2020, deeper than the $84.3 billion forecasted this June. Next year, the...