A group of homeowners and consumers on Monday, March 18 has urged the Senate to approve the granting of a congressional franchise to Negros Electric and Power Corp. (NEPC), reiterating their support for the privatization of electric power distribution. The group, composed of community...
Maynilad Water Services, Inc., a subsidiary of Metro Pacific Investments Corporation (MPIC), in partnership with DMCI Holdings and Marubeni Corporation, is planning to issue bonds worth up to P15 billion. Philippine Rating Services Corporation (PhilRatings) said it has assigned the highest Issue...
The anticipation peaks as the grand opening of Worldbex 2024 commenced with a flourish of excitement and anticipation. Distinguished guests and industry leaders from around the world gathered to witness the unveiling of the premier event in the building and design industries. Amid the buzzing...
The Sy family-controlled SM Prime Holdings, Inc., one of the leading integrated property developers in Southeast Asia, is planning to raise up to P25 billion from the first tranche of its P100 billion bonds to be shelf-registered with the Securities and Exchange Commission. In a disclosure to the...
The pass-on tariff of power utility giant Manila Electric Company (Meralco) will climb by a marginal P0.0229 per kWh in the March billing cycle, and that has been precipitated mainly by the ancillary services (AS) charges of the power system operator. The slight hike in charges will drive up...
Amid the power outages in Negros Occidental, the Central Negros Electric Cooperative’s problems (CENECO) can be addressed once the new power corporation takes over. Sen. Grace Poe presides over the Committee on Public Services hearing to discuss several measures seeking to provide accessible,...
Metropolitan Waterworks and Sewerage System (MWSS) concessionaires said they are taking necessary preparations in anticipation of potential water supply reductions sourced from Angat Dam due to El Niño, The National Water Resources Board (NWRB) recently planned on deducting the water allocation...
STI Education Systems Holdings Inc. is acquiring Philippine School of Business Administration (PSBA) in Manila and Quezon cities for a yet undisclosed amount. In a disclosure to the Philippine Stock Exchange (PSE), STI aid its board of directors has ratified the execution of a Term Sheet with...
West zone concessionaire Maynilad Water Services, Inc. will invest P4 billion to rehabilitate and improve its current pumping stations and reservoirs. As part of the company’s upgrade project which began last year, the allocation will be spent on 22 facilities that are operating non-stop to...
Maynilad Water Services, Inc. is making its largest capital investment ever this year since the privatization of water services in Metro Manila nearly three decades ago. In a statement, Maynilad said that the West Zone concessionaire is set to invest more than P31 billion this year in water and...
President Marcos believes his administration's intelligence services are "doing a good job" amid the alleged destabilization plots against him. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of PPA/ Yummie Dingding) Marcos said because of the amount of threats that must be watched,...
Maynilad Water Services, Inc. will implement a series of water system replacement and repair projects in Manila to address non-revenue water (NRW) and improve the city's water infrastructure. Maynilad said the west zone water concessionaire has allocated P2.7 billion for its four-year NRW...
