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Manila Water inks deal with WB investment arm

Manila Water Co. Inc.’s overseas business unit has signed a memorandum of understanding with the International Finance Corp. (IFC) on working together in projects in the Asia Pacific region, particularly in the south east.

Providing an alternative

2017-08-15 philstar
With the Philippine government recently implementing a nationwide smoking ban, smokers of conventional cigarettes are now training their eyes on electronic cigarettes or e-cigarettes, which according to the health department, are not included in the ban as contained in Executive Order no. 26 signed by President Duterte.

DENR backs MWSS Annual Million Tree Challenge

The Annual Million Tree Challenge initiated by the Metropolitan Waterworks and Sewerage System (MWSS) aimed at protecting six critical watersheds that impact on the water supply in Metro Manila has drawn the support of Environment Secretary Roy Cimatu.

Manila Water income up 3%

2017-08-09 philstar
MANILA, Philippines - Ayala-led and east zone concessionaire Manila Water Co. Inc. reported a three percent increase in net income in the first half to P3.2 billion owing to higher revenues and growth in billing volume in most of its concession areas.

Manila Water partners with Calasiao firm

2017-08-04 philstar
MANILA, Philippines - Ayala-led Manila Water Co. Inc. has formalized its joint venture agreement (JVA) with the Calasiao Water District for a 25-year project that will develop the supply system in Pangasinan.

Peso weakness triggers hike in water rates

Customers of Maynilad Water Services Inc. and Manila Water Co. Inc. can expect to pay higher rates per cubic meter (cu.m.) by 27 centavos and 28 centavos, respectively, starting Aug. 13.

Laguna Water sets P5 B 3-year capex

2017-07-28 philstar
MANILA, Philippines -  Laguna Water Corp., a unit of Ayala-led Manila Water Co. Inc., is spending P5 billion over the next three years to further expand its coverage in the province.

Ayala power unit expanding to Vietnam

2017-07-19 philstar
MANILA, Philippines -  AC Energy Holdings Inc. is exploring possible investments and partners for solar and wind projects in Vietnam as it charts its expansion outside the Philippines, its top official said yesterday.

Manila Water eyes provincial expansion for bottled water unit

2017-07-16 philstar
MANILA, Philippines -  Healthy Family, a unit of Ayala-led Manila Water Co. Inc., targets to reach more customers outside Metro Manila as it ramps up its purified water retail business and increase its market share.

Search on for country’s top CFO

2017-07-15 philstar
MANILA, Philippines - In volatile times as these, they are like members of the SWAT team discovering an unexpected obstacle in the midst of a raid. It is in this kind of environment, after all, that separates the best chief finance officers (CFOs) from the crop, said Dutch financial giant ING Bank N.V. and the Financial Executives Institute of the Philippines (Finex), organizers of the 2017 ING Finex CFO of the Year Award.

VIETWATER 2017: 90% Booth Spaces Booked by Leading Water Companies

2017-07-10 prnewswire
HO CHI MINH CITY, Vietnam, July 9, 2017 /PRNewswire/ -- Organised by UBM Asia, VIETWATER continues to hold its 9th edition at Ho Chi Minh City, Vietnam from 8 to 10 November 2017. As an integrated business platform, VIETWATER 2017 will gather more than 450 leading companies to showcase their advanced solutions and innovative products in all segments of the water industry.

Manila Water introduces new president

2017-07-02 philstar
MANILA, Philippines - Ayala-led Manila Water held its first ever Bankers’ Appreciation Night to express gratitude to key partner banks and to forge closer relationship and build trust with its financial stakeholders. The event which was well-attended by top executives of major local and foreign banks, including multilateral agencies, speaks of the good relationship the company has with its banking partners.

Championing children’s rights the Ayala way

2017-07-02 philstar
MANILA, Philippines - You reap what you sow. It’s as simple as that for the Ayala Group, the oldest and one of the country’s largest conglomerates.

Manila Water unit to spend P4.3 B in Boracay

2017-06-26 philstar
MANILA, Philippines - The Boracay unit of Ayala-led Manila Water Co. Inc. is set to invest at least P4.3 billion for the remaining years of its concession as it crafts a  masterplan to sustain Boracay Island.

MWSS chief: PH water supply still inadequate

Much needs to be done for the country to become water supply secure, thus declared Reynaldo  Velasco, administrator of the Metropolitan Waterworks and Sewerage System, who pointed out that the Philippines’ national water security score stands at 40.4 out of 100.

Manila Water hikes stake in Vietnamese water firm

2017-06-22 philstar
MANILA, Philippines - The Singapore unit of Ayala-led Manila Water Co. Inc. has increased its stake in Vietnamese water firm Saigon Water Infrastructure Corp. (SII).

New kind of leadership

2017-06-07 philstar
For decades now, experts have been warning about the fact that the lifespan of the 49-year-old Angat Dam, which has been supplying most of Metro Manila’s water requirements, is nearing its end.

Manila Water optimistic on growth prospects

2017-05-30 philstar
MANILA, Philippines - Manila Water Co. Inc is confident of its financial growth this quarter despite its net income dipping in the first three months of the year, driven by higher billed volume and as well as opportunities overseas.

Manila Water raises stake in Vietnam water firm

2017-05-29 philstar
MANILA, Philippines - The Singapore unit of Ayala-led Manila Water Co. Inc. is raising its stake in a Vietnamese water firm to strengthen its foothold in the Southeast Asian country.

An evolution starts in Kawit

2017-05-18 philstar
MANILA, Philippines - The Ayala Group is jumpstarting 2017 with the launch of a new central business district in Kawit, Cavite that is said to rival the posh CBD in Makati.

MSCI rebalancing perks up PSEi

The Philippine Stock Exchange index firmed up on Tuesday on a wave of selective buying influenced by the latest rebalancing review of MSCI indices.

Ayala plans new CBD in Kawit, Cavite

Property giant Ayala Land Inc. unveiled on Thursday a 200-hectare new estate development called “Evo City” in Kawit, Cavite, groomed to be the next central business district (CBD) south of the metropolis that will benefit from robust economic growth and infrastructure-building.

Ayala Corp earns 20% more in Q1

2017-05-11 philstar
MANILA, Philippines - Ayala Corp., the country’s oldest conglomerate, posted a 20 percent growth in its first quarter profit to P6.9 billion on the back of strong banking and real estate businesses.

Ayala Corp. nets P6.9B

The country’s oldest business house Ayala Corp. boosted its net profit in the first quarter by 20 percent year-on-year to P6.9 billion on robust earnings from banking and real estate businesses.

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