The Metropolitan Manila Development Authority (MMDA) has entered into a partnership with Maynilad Water Services, Inc. to utilize treated wastewater for public cleaning purposes. MMDA Acting Chairman Don Artes has signed an agreement with the Clean and Green Project of Maynilad, allowing the...
Harbor Star Shipping Services Inc. (TUGS) has committed to rehabilitate the Bislak River in cooperation with the Provincial Government of Ilocos Norte. TUGS and the provincial government signed a memorandum of agreement (MOA) to formalize the partnership alongside the groundbreaking ceremony on...
Maynilad Water Services, Inc. said the company has invested more than P240 billion to improve services and broaden distribution coverage in the West Zone of the Greater Manila area. In a statement, Ramoncito S. Fernandez, Maynilad president and chief executive officer, said the West Zone...
The Gotianun Group’s investment arm Filinvest Development Corporation’s (FDC) planned P10-billion bond offering has been assigned the highest Issue Credit Rating of PRS Aaa, with a "stable outlook" by Philippine Rating Services Corporation (PhilRatings). FDC is planning a bond issuance of P7...
Filinvest Development Corporation (FDC), the investment arm of the Gotianun Group, is planning to raise up to P32 billion through the issuance of peso-denominated fixed rate bonds in one or more tranches. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it has filed online via...
East and West zone concessionaires Manila Water Co. and Maynilad Water Services, Inc. reported that the dam level in Angat has reached its year-end goal. In a statement on Monday, Nov. 20, Angat Dam achieved a water elevation of 210.42 meters. The target level must be within 210 to 212 meters and...
West Zone concessionaire Maynilad Water Services, Inc. announced a 10-day long service interruption to affect parts of Metro Manila. In a statement, numerous barangays in Caloocan, Muntinlupa, and Navotas are expected to undergo network maintenance in the following week. Maynilad assured that the...
The Metropolitan Waterworks and Sewerage System Regulatory Office (MWSS RO) assured that the construction of Maynilad Water Services Inc.’s modular treatment plant (MTP) will not impose any additional tariff charges. During the Public Consultation Drive on Friday, Nov. 17, Israel C. Bungay, the...
To cope with the El Niño phenomenon, West Zone concessionaire Maynilad Water Services, Inc. plans to reactivate more existing deep wells and construct new ones to enhance water availability. In a statement, Maynilad said on Tuesday, Nov. 14, that the company has reactivated 20 deep wells, with a...
TOKYO, Japan - Marubeni Corporation, one of Japan’s largest diversified trading conglomerates or sogo shosha, remains committed to Maynilad Water Services Inc. and will not exit from the company when it undertakes its planned $1-billion initial public offering (IPO). This assurance was made by...
West Zone Concessionaire Maynilad Water Services, Inc. reported the presence of yellow water in the water supplies of their consumers. In a statement on Thursday, Nov. 9, Maynilad addressed that the color is due to the high levels of Manganese in the raw water from an outlet of Angat Dam. The water...
Bacoor, Caloocan, Navotas, Quezon City, and San Juan are expected to experience water disruptions starting Thursday, Nov. 9, according to the two Metro Manila concessionaires, Manila Water Co. and Maynilad Water Services, Inc. This is due to the line and network maintenance conducted in the cities,...