Recent rainfall in Luzon failed to raise water levels at Metro Manila's two primary water sources, west zone concessionaire Maynilad Water Services, Inc. said. According to the latest monitoring report from Maynilad as of Monday, June 10, both the Angat and Ipo dams experienced a decrease in water...
West Zone concessionaire Maynilad Water Services, Inc. has completed the installation of an initial 11.6 kilometers of new sewer lines in Valenzuela City. In a statement, Maynilad said the newly installed sewer lines, located along McArthur Highway in Valenzuela, will expedite the delivery of...
International Container Terminal Services Inc.’s (ICTSI) Nigerian operation Onne Multipurpose Terminal (OMT) has handled KOTA CEMPAKA – the largest container vessel to conduct full operations in Eastern Nigeria. In a statement, ICTSI said the 300-meter, 6,660-TEU capacity ship operated by...
Sen. Grace Poe hailed the recent addition of newly accredited players for motorcycle taxis through the Land Transportation Franchising and Regulatory Board (LTFRB). Motorcycle taxis wait for new passengers along EDSA in Mandaluyong City on Friday, May 3. The Land Transportation Franchising and...
LUCENA CITY, Quezon – The Department of Foreign Affairs (DFA)-Consular Office here inaugurated an Apostille Center on Friday, May 24, at the Pacific Mall in this city. The Apostille Center will serve Filipinos who need to authenticate documents for travel to countries which are members of Hague...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) has secured a loan from Metropolitan Bank & Trust Co. (Metrobank) to support its capital needs for the year. In a statement on Thursday, May 23, Maynilad said the P10 billion from Metrobank will help fund projects aimed at...
Over 2,000 registered patients in Olongapo City availed themselves of free medical services as First Lady Liza Araneta-Marcos brought her Lab for All program to Subic on May 21. MEDICAL CARAVAN — A patient receives ophthalmology services during the Lab for All caravan at the Subic Bay Exhibition...
The Securities and Exchange Commission (SEC) has approved the planned P15 billion offering of blue bonds by Maynilad Water Services, Inc. In its meeting on May 16, the Commission En Banc resolved to render effective the registration statement of Maynilad covering up to P12 billion of fixed-rate,...
The Energy Regulatory Commission has partially lifted the enforced suspension on cost settlements at the reserve market, hence, allowing the generation companies (GenCos) to recoup P1.723 billion worth of deferred cost recoveries which accrued when they supplied the ancillary services requirements...
Senator Grace Poe says public-private partnership (PPP) remains a viable option for developing Philippine airports and make them attractive to tourists. "Ang aviation sector natin ay parang isang eroplanong hindi maka-take off dahil sa delays, cancellations, at kung ano-ano pang aberya," the...
Real estate giant Ayala Land Inc. (ALI) is planning to issue P6 billion worth of Sustainability-linked Bonds, which has been assigned the highest Issue Credit Rating of PRS Aaa by Philippine Rating Services Corporation (PhilRatings). In a statement, PhilRatings said the proceeds of the proposed...
As regulators expect a continuous decline in the Angat Dam’s elevation, two Metro Manila concessionaires assured the public of their readiness to provide enough supply in case water allocation is reduced. The National Water Resources Board (NWRB) recently shared its plan to possibly minimize the...