Offer grace period on bills, water firms told

Credit to Author: Jordeene B. Lagare| Date: Wed, 30 Sep 2020 16:29:41 +0000

The Metropolitan Waterworks and Sewerage System (MWSS) has ordered Manila Water Co. Inc. and Maynilad Water Services Inc. to provide their customers some relief from paying their water bills, after which the two concessionaires promised to follow. In an advisory on Wednesday, MWSS chief regulator Patrick Lester Ty said the two water companies were directed […]

Read more

Manila Water exits bottled water business

Credit to Author: Jordeene B. Lagare| Date: Wed, 26 Aug 2020 16:51:59 +0000

Stiff market competition has forced Manila Water Co. Inc. to quit the bottled water business after five years. In a disclosure on Wednesday, the Ayala-led utility said subsidiary Manila Water Total Solutions Corp. (MWTS) would close its Healthy Family purified water business for good on October 31 because of “recurring losses and inability to financially […]

Read more

Manila Water, Maynilad directed to extend grace period for quarantine bills

Credit to Author: Jordeene B. Lagare| Date: Thu, 30 Jul 2020 05:50:17 +0000

THE Metropolitan Waterworks and Sewerage System (MWSS) ordered Manila Water Co. Inc. and Maynilad Water Services Inc. to extend the grace period for customers to settle their bills until the end of September. In a statement on Thursday, MWSS chief regulator Patrick Lester Ty said the MWSS Board of Directors directed the two concessionaires to […]

Read more

Manila Water, Maynilad ordered to explain billing complaints

Credit to Author: Jordeene B. Lagare| Date: Wed, 29 Jul 2020 05:15:58 +0000

THE Metropolitan Waterworks and Sewerage System Regulatory Office (MWSS RO) issued a show cause order to Manila Water Co. Inc. and Maynilad Water Services Inc. over complaints on high water bills, the agency said on Wednesday. In a statement, MWSS chief regulator Patrick Lester Ty said both concessionaires were asked to explain “the alarming number […]

Read more

Manila Water nets $500M from sustainability notes

Credit to Author: Jordeene B. Lagare| Date: Fri, 24 Jul 2020 16:53:47 +0000

Listed Manila Water Co. Inc. has raised $500 million from its issuance of sustainability bonds overseas to fund its capital spending. In a disclosure on Friday, the Ayala-led utility said proceeds from the offer would bankroll projects aimed at improving water and wastewater services within its East Zone concession area. “The successful sustainability bond issuance […]

Read more

Duterte apology to tycoons boosts Philippine shares

Credit to Author: Faye Almazan| Date: Tue, 05 May 2020 16:55:08 +0000

The stock market rallied on Tuesday after President Rodrigo Duterte apologized to the tycoons behind Manila Water Co. Inc. and Maynilad Water Services Inc. and acknowledged their efforts in combating the coronavirus disease 2019 (Covid-19) in the country. The benchmark Philippine Stock Exchange Index (PSEi) climbed by 1.79 percent or 99.58 points to end at […]

Read more

Govt ordered to pay Manila Water P7.39B in claims

Credit to Author: The Manila Times| Date: Fri, 29 Nov 2019 03:05:57 +0000

MANILA Water Co. Inc. scored victory as an international arbitration court ordered the Philippine government to pay the Ayala-led utility P7.39 billion in claims. The Arbitral Tribunal ruled the government must indemnify Manila Water for losses it incurred from June 1, 2015 to November 22, 2019, 100 percent of the amount paid by the listed […]

Read more

Manila Water president resigns; effectivity set Aug. 31

Credit to Author: jvicente| Date: Fri, 09 Aug 2019 03:19:18 +0000

Manila Water president resigns; effectivity set Aug. 31

Manila Water President Ferdinand dela Cruz is scheduled to step down on August 31, after MWCI’s directors accepted his resignation.

The post Manila Water president resigns; effectivity set Aug. 31 appeared first on Inquirer News.

Read more

SC imposes almost P2B fine on MWSS, Maynilad, Manila Water

Credit to Author: jespinosa| Date: Tue, 06 Aug 2019 09:16:18 +0000

The Supreme Cour ordered Metropolitan Waterworks and Sewerage System (MWSS) and two water concessionaires to pay a fine of almost P2 billion for non-compliance with the Clean Water Act.

The post SC imposes almost P2B fine on MWSS, Maynilad, Manila Water appeared first on Inquirer News.

Read more

MWSS: Many customers unaware of water firms’ deslugding service

Credit to Author: Alexander Magno| Date: Wed, 10 Jul 2019 16:18:07 +0000

MWSS: Many customers unaware of water firms’ deslugding service

Many customers are unaware that water concessionaires have services to desludge septic tanks and treat wastewater, Metropolitan Waterworks and Sewerage System (MWSS) officials said.

The post MWSS: Many customers unaware of water firms’ deslugding service appeared first on Inquirer News.

Read more