Maynilad Water Services Inc. is entering the final stage of constructing 9.12 kilometers of primary distribution pipelines, a step toward bolstering water supply across its southern concession area. In a statement on Friday, July 31, Maynilad said the ₱5.8 billion project is designed to link the...
Maynilad Water Services Inc. will join the Philippine Stock Exchange index (PSEi), taking the place of broadband operator Converge Information and Communications Technology Solutions Inc. in the main benchmark, following strong trading volume and market value growth after its initial public...
President Marcos has ordered the improvement of water services in order to ensure ample supply to Filipinos nationwide, Malacañang said. Improvements were being undertaken upon the orders of the President, particularly in addressing concerns over water supply and service delivery, Palace Press...
While stock analysts expect Maynilad Water Services Inc. to be a shoo-in for the Philippine Stock Exchange index (PSEi) next month, the bourse’s revamped criteria for index inclusion are expected to make Aboitiz Power Corp. (AboitizPower) and Synergy Grid & Development Philippines Inc. (SGP)...
Maynilad Water Services Inc. is expanding its infrastructure and tapping alternative supply sources to shield the western half of Metro Manila from potential shortages as water levels at the primary Angat Dam continue to decline. In a statement, Jaime T. Lichauco, Maynilad chief operating officer,...
Maynilad Water Services Inc. has tapped International Finance Corp. (IFC) for a $500,000 infrastructure advisory services project aimed at strengthening the west zone concessionaire’s sustainability and resilience strategy. In a disclosure last Monday, June 15, IFC said the project was approved...
Maynilad Water Services Inc. will lower water tariffs for the third quarter starting July 1 on the back of stronger peso that has reduced the cost of servicing the utility’s foreign debt. The Metropolitan Waterworks and Sewerage System Regulatory Office (MWSS-RO) approved a rate rollback of...
West Zone concessionaire Maynilad Water Services Inc. expects to commission its new pumping station and reservoir in Valenzuela City by the third quarter of 2026, part of an ongoing effort to improve water storage and pressure across northern Metro Manila. In a statement, Maynilad said the company...
Maynilad Water Services, Inc. has retained its top rating of PRS Aaa, with a Stable Outlook, from the Philippine Rating Services Corp. (PhilRatings) for its outstanding blue bonds amounting to ₱15 billion. Obligations rated PRS Aaa are considered of the highest quality with minimal credit risk,...
West zone concessionaire Maynilad Water Services Inc. has begun partially operating its new raw water reservoir at La Mesa water treatment plant (WTP) in Quezon City, allowing the facility to store up to 67 million liters of raw water to help stabilize supply during the dry season. In a statement...
The Quezon City government announced that the southbound inner lane of Mindanao Avenue Extension will be closed from 10:00 p.m. to 5:00 a.m. starting Friday, May 22, to facilitate water service connection works for the Metro Manila Subway Project. The Quezon City Traffic and Transport Management...
DMCI Holdings Inc. reported a slight decline in first-quarter profit as weaker returns from its coal and water units tempered gains in its real estate and mining divisions. The engineering conglomerate controlled by the Consunji family said that consolidated net income fell two percent to ₱4.9...
