Power and water utilities propelled a 17 percent growth in Metro Pacific Investments Corporation’s first quarter core net income to ₱6.6 billion in 2025 from ₱5.6 billion in 2024.The firm said that, “Improved financial and operational performance across MPIC’s portfolio led to a 16percent...
(Courtesy of DOLE)The Department of Labor and Employment (DOLE) said Friday, Nov. 22, that it has formalized a partnership with Maynilad Water Services, Inc. to launch the Labor Relations Training Program, which aims to benefit over 300 line managers and enhance workplace governance.DOLE Secretary...
Maynilad Water Services, Inc. (Maynilad) is preparing to test its new P1.6-billion water reclamation facility (WRF) and sewer conveyance system in Barangay Cupang, Muntinlupa City, with the goal of full operation by year-end.In a statement, Maynilad said the Cupang Water Reclamation Facility has a...
The Parañaque City government announced that Maynilad Water Services Inc. will implement water service interruptions in some barangays in the city on Nov. 25 to 26.Maynilad advisory on water service interruption (Photo courtesy of Parañaque PIO)The communities that will be affected are...
While still ironing out some kinks, Maynilad Water Services Inc. is committed to launching its initial public offering (IPO), estimated at $1 billion, within 2025, and will file its application with regulators by the first quarter.“Yes, we are poised to list next year. Our target is to be prepared...
Consunji-led diversified engineering conglomerate DMCI Holdings reported a three percent improvement in net income to P4 billion for the third quarter of 2024, from P3.9 billion in the previous year.In a disclosure to the Philippine Stock Exchange (PSE), the firm said the increase was driven by...
Pangilinan-led Metro Pacific Investments Corporation (MPIC) reported a 28 percent growth in consolidated core net income, hitting a record P20.8 billion in the first nine months of 2024, from P16.2 billion in the same period last year.In a statement, the firm said improved financial and operating...
In an effort to expand its sewerage services in Parañaque City, Metro Manila West Zone concessionaire Maynilad Water Services Inc. is laying a new sewerage line that would benefit over 35,000 residents in the area.In a statement, Maynilad said it has invested P695 million to lay the sewage pipes...
West Zone concessionaire Maynilad Water Services, Inc. and the Caloocan Local Government Unit (LGU) have signed a deal to boost water management and minimize water losses over the next three years.According to their signed memorandum of understanding (MOU), the LGU will issue permits for...
Maynilad Water Services, Inc. has recovered approximately 560,000 cubic meters of potable water lost due to illegal connections—enough to meet the daily needs of around 3,500 customers. In a statement, the West Zone concessionaire said that this recovery occurred within the first eight months...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) teamed up with the Department of Science and Technology (DOST) to explore waste-to-energy solutions, particularly in converting biosolids — an organic byproduct of Maynilad’s wastewater treatment process—into biogas. This...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) has plugged more than 28,000 pipe leaks in the first half of 2024, bringing the company’s total number of leaks repaired to 523,111 since 2007 when it inherited one of the oldest pipe networks in Asia upon...
