DMCI Holdings Inc. posted a 26 percent increase in consolidated net income for the first half of the year to ₱11.4 billion compared with ₱9 billion in the same period last year, buoyed by record earnings from nickel mining and a sharp reduction in losses from its cement operations. The...
West Zone concessionaire Maynilad Water Services Inc. reported a 14-percent increase in net income in the first half, driven by lower interest expense and taxes, which more than offset higher operating expenses (opex). In a media briefing on Tuesday, Aug. 4, Maynilad President and Chief Executive...
Muntinlupa Mayor Ruffy Biazon summoned representatives of Maynilad Water Services due to growing complaints about delayed completion of its Wastewater Conveyance System Project at the boundary of Barangays Buli and Cupang. Biazon said the construction of the project has affected the daily commute...
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...
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. (Maynilad) has suspended all work at a Las Piñas City construction site and launched a review with its contractor after an excavation collapse on Sunday that killed two workers and injured another. The company said it is coordinating with authorities while conducting...
Two construction workers were killed and another injured after an excavation site for a Maynilad project collapsed on Sunday afternoon, June 28, in Las Piñas City. Las Piñas Police Assistant Chief of Operations Lt. Col. Teoson Rosarito reported that the incident occurred at around 2:52 p.m. at...
Maynilad Water Services has implemented daily water service interruptions in Muntinlupa and other areas. In an advisory, Maynilad said affected customers are in parts of of Bacoor City, Caloocan City, Imus City, Kawit, Cavite, Las Pinas City, Makati City, Manila, Malabon City, Muntinlupa City,...
Residents in portions of Manila will experience a temporary nighttime water service interruption from 10 p.m. to 6 a.m. starting June 23 until June 30, due to urgent network maintenance and system optimization activities. The interruption is part of efforts to improve network performance and...
Water supply is gradually returning to the majority of affected households in Sampaloc, Manila, on Wednesday, June 17, after Maynilad Water Services Inc. successfully re-pressurized its primary distribution lines following a major leak. The unexpected service interruption hit the area after field...
