Maynilad Water Services, Inc. will continue to implement rotational service interruption until Sunday (November 29) more than two weeks since Typhoon Ulysses made landfall in the country and brought a lot of mud to the La Mesa Treatment Plant. In a statement, Maynilad said it is “constrained”...
It has been a week since Typhoon Ulysses made landfall in the Philippines, but Maynilad Water Services Inc. has yet to resume its normal production level due to continued high turbidity level of raw water in Ipo Dam. Jennifer Rufo, head of corporate communications at Maynilad, said the sustained...
Water service interruptions within some parts of Metro Manila may last until Sunday after the turbidity level of raw water in Ipo Dam rose due to Typhoon Ulysses. In a text message, Jennifer Rufo, head for stakeholders communications office of Maynilad Water Services Inc., said as per the estimate...
Lopez-led FGEN LNG Corporation will conclude by the middle of next month the bid process for its planned chartering of a floating storage regasification unit (FSRU) to serve as its interim facility on targeted importation of liquefied natural gas (LNG) starting year 2022. Jonathan C. Russell,...
Globe Telecom Inc.'s aggressive network expansion correspondingly widens its telemedicine services in a nation with just one doctor for every 33,000 Filipinos. Now, telemedicine becomes a truly viable alternative to traditional visits to hospitals and clinics, stressed Cholo Tagaysay, CEO of...
Aboitiz Equity Ventures, Inc. is planning to raise up to P10 billion from a proposed bond issue as part of its three-year shelf registration program amounting to P30 billion. The planned offering will have a base issue size of up to P5 billion, with an oversubscription option of up...
To spare Maynilad Water Services Inc. and Manila Water Company Inc. from further financial trouble, the government could only give one last set of reliefs to the respective customers of these water utilities, which includes a 30-day grace period for unpaid bills from August 4 to 18. For the unpaid...
The continuous appreciation of Philippine peso versus other currencies may continue to pull down water rates in Metro Manila until the first quarter of 2021. MB File photo. (ALVIN KASIBAN) This is because of the Foreign Currency Differential Adjustment (FCDA) tariff mechanism that Maynilad Water...
Customers of Maynilad Water Services Inc. and Manila Water Company Inc. will experience a rollback in their monthly billing starting October until December, a top official of Metropolitan Waterworks and Sewerage System's (MWSS) Regulatory Office (RO) said. MB file photo In a virtual briefing, MWSS...
Pacific Cross Insurance, Inc. (Pacific Cross), a Philippine-based insurance company that specializes in medical, travel and accident insurance, was assigned a financial strength rating of PRS A by Philippine Rating Services Corporation (PhilRatings). A PRS A rating means that an insurer has strong...
