After seeing first hand the lack of water supply in schools he inspected in Bulacan, President Marcos directed the Local Water Utilities Administration (LWUA) to look into the water supply issues in schools. Marcos gave the LWUA 48 hours to submit their initial report as he pointed out that...
A loan scheduled to be greenlit by the World Bank in October is aiming to improve water supply and sanitation in three Philippine islands. In a June 5 project information document, the Washington-based multilateral lender said its upcoming $275.38-million—or over ₱15-billion—financing for the...
BORACAY—West Zone concessionaire Maynilad Water Services Inc. is on track to reduce its non-revenue water (NRW) from last year’s 39.9 percent on the back of strong leak detection and pipe replacement efforts. Maynilad, the country’s biggest water concessionaire in terms of customer base, is...
The Securities and Exchange Commission (SEC) has approved the planned initial public offering (IPO) of Maynilad Water Services, Inc. for next month, aiming to raise a maximum of ₱45.8 billion. The Commission En Banc, on May 30, resolved to render effective the registration statement of Maynilad,...
Studies reveal that 2.1 billion people across Asia and the Pacific lack access to safe water and sanitation. If collective action isn 't taken to address this, it might be too late—especially for the next generation. To help youth understand the gravity of this situation, the Ayala...
Razon-led water unit on Boracay Island has transitioned into the Retail Aggregation Program (RAP), making it the first to do so with Retail Electricity Supplier (RES) PrimeRES Energy Corp. Boracay Water, under the Manila Water Non-East Zone (NEZ) unit, has undergone RAP, a program of the Energy...
Maynilad Water Services Inc. reported that feedback from preliminary investor meetings has been encouraging for its planned initial public offering, valued at up to ₱45.8 billion. In a letter to the Philippine Dealing & Exchange Corporation, Maynilad Corporate Information Officer Lourdes Marivic...
Consumers in Catanduanes will be forced to sweat through longer hours of rotational brownouts due to the ₱538 million worth of unpaid obligations of state-run National Power Corporation (NPC) to power supplier Sunwest Water and Electric Co. Inc. (SUWECO). SUWECO, which operates at least five...
After reducing the number of shares for its initial public offering (IPO), Maynilad Water Services Inc. may tighten the offer price to between ₱12 and ₱14 per share from its initially indicated maximum offer price of ₱20 per share based on investor interest during its ongoing bookbuilding...
Aboitiz InfraCapital (AIC), the infrastructure unit of the Aboitiz Group, is aiming to deliver long-term water security in Iloilo City after bagging the original proponent status (OTS) for its proposal to construct and operate the city’s bulk water facility. AIC said the OPS to develop the Iloilo...
Water concessionaire Manila Water announced scheduled water service interruptions in Quezon City from May 20 to 23 due to ongoing network maintenance activities. The areas to be affected by water interruptions are the following: May 20 (10:00 p.m.) to May 21 (4:00 a.m.) Culiat Tandang Sora UP...
Razon-led Manila Water Co. reported that its net income posted a 14 percent increase in the first quarter of 2025. In a disclosure to the Philippine Stock Exchange this Friday, May 9, the private water utility firm’s net income reached ₱3.5 billion in the first three months of 2025, up from...
