Except for the quarterly Foreign Currency Differential Adjustment (FCDA), customers of Manila Water Company Inc. and Maynilad Water Services Inc. won’t have to worry about any other water rate adjustment for the whole year of 2021. This was according to Metropolitan Waterworks and Sewerage System...
Manila Water Company reported a 24 percent decline in consolidated net income to P3.2 billion in the first nine months of 2020 from the P4.19 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said that, excluding the one-offs, core income...
Maynilad Water Services, Inc. (Maynilad) and Manila Water Company, Inc. are forgoing some water rate increases they are qualified to implement in the coming year, including the next tranche of the rate rebasing adjustment as well as the mandated Consumer Price Index (CPI)...
Laguna Water, a subsidiary of Manila Water Company, now uses salt as the main ingredient in the production of environment-friendly and cost-effective solutions for water treatment and disinfection. ...
Manila Water Company Inc. has launched its one-stop online portal where its customers can pay their bills, access outstanding balances, and lodge concerns. (JANSEN ROMERO / MANILA BULLETIN) “We fully recognize the need for mobile applications that our customers can use to minimize travel and...
It is crunch time for the Metropolitan Waterworks and Sewerage System-Regulatory Office (MWSS-RO) in terms of looking into the tariff impact of pending water project proposals — such as Manila Water's P14-billion Laguna Lake East Bay project — and securing the public approval for these. (MWSS /...
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...
Metropolitan Waterworks and Sewerage System (MWSS) is now re-considering Manila Water Company Inc.'s P15-billion Laguna Lake East Bay project, which was dismissed by former MWSS Administrator Reynaldo Velasco in 2018 for being "expensive". MWSS Chief Regulator Patrick Ty said in a text exchange...
It will be detrimental for Maynilad Water Services Inc. if the government decides to extend the moratorium on the issuance of water service disconnection notice to consumers, a Maynilad official said. As for Metropolitan Waterworks and Sewerage System (MWSS) Chief Regulator Patrick Ty, he said a...
Ayala-led Manila Water Company Inc. has secured the deal that will allow it to build a sewage treatment plant in Hinulugang Taktak, a protected area located in Rizal, Philippines....
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...
