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Maynilad eyes P4-B water treatment plant

2017-11-22 philstar
SYDNEY, Australia—Maynilad Water Services Inc. is looking to address a potential water shortage in Metro Manila should there be no substantial progress in the development of the Kaliwa dam project four years from now, a ranking official said. (11-0)

DM Consunji bags P3.5B worth of contracts in Q3

2017-11-12 bworldonline
DM CONSUNJI, Inc. secured contracts amounting to P3.5 billion in the third quarter, mostly to develop residential condominium projects. (5-0)

Maynilad builds new P6.75-B Putatan plant

2017-11-09 philstar
MANILA, Philippines — West Zone concessionaire Maynilad Water Services Inc. is building a P6.75-billion new water treatment plant in Muntinlupa aimed at enhancing water supply reliability in the southern part of Metro Manila. (11-0)

DMCI bottom line rises 19%

2017-11-08 philstar
MANILA, Philippines — DMCI Holdings Inc. posted a nine-month net income of P11.7 billion, up 19 percent on strong  contributions from coal, real estate, construction. (5-0)

DMCI earns P4.1 billion in 3rd quarter

2017-11-08 bworldonline
DIVERSIFIED ENGINEERING conglomerate DMCI Holdings, Inc. saw its net profit increase by nearly a fifth in the third quarter, mostly riding on the strength of its coal mining and power business. (5-0)

Property firms see dorm-type developments as next big thing

2017-10-08 philstar
MANILA, Philippines — Property companies are seeing dormitory-type developments or co-living spaces for young urban professionals as the next big thing in the sector which could become their new leg of growth, industry players told The STAR. (15-0)

Preserving the gains

2017-09-26 philstar
About two months’ ago, the three-member arbitral tribunal of the International Chamber of Commerce (ICC) unanimously upheld the validity of Maynilad Water Services’ P3.4-billion claim for compensation from the Philippine government for losses for the period March 11, 2015 to Aug. 31, 2016 incurred due to the delayed implementation of its tariff adjustments, or rate increases which Maynilad should have collected from its customers as guaranteed in its concession agreement with the Manila Waterworks and Sewerage System (MWSS). (10-0)

Maynilad rate hike looms

2017-09-14 philstar
MANILA, Philippines —  Consumers of west zone concessionaire Maynilad Water Services Inc.  are expected to see an increase in their billings after the company earned a favorable ruling from a local court.

Court orders Maynilad rate increase

2017-09-14 bworldonline
A QUEZON CITY COURT has granted the petition of Maynilad Water Services, Inc. for enforcement of an arbitral award granting a tariff hike after the Metropolitan Waterworks and Sewerage System (MWSS) refused to implement the same.

DMCI Homes’ H1 reservation sales up 80%

The property arm of conglomerate DMCI Holdings grew its first semester reservation sales by 80 percent year-on-year to P26.2 billion, hitting its full-year target way ahead of schedule on the back of strong demand from homebuyers.

DMCI bags P11.7B construction projects

The construction arm of DMCI Holdings bagged P11.7 billion worth of new contracts to construct infrastructure, energy, buildings, utilities and plants in the first semester, 169 percent higher than the value of projects signed in the same period last year.

DMCI nets P7.6B

Consunji-led conglomerate DMCI Holdings grew its first semester core net profit by 21 percent year-on-year to P7.6 billion on higher earnings from its mining, power, real estate and construction businesses.

Semirara allots P320 M for stewardship projects

2017-08-05 philstar
Semirara Island, Antique, Philippines — Semirara Mining and Power Corp. (SMPC) is investing P320 million in its community and environmental stewardship projects that will spur economic activity in the location of the country’s largest coal mine.

Market posts modest gain

The Philippine Stock Exchange Index yesterday posted a slight gain, although trading was light and equities elsewhere in the region weakened on concerns about the economy and politics in the United States ahead of a vote on healthcare reform.

Government told to pay Maynilad P3.4 B

2017-07-25 philstar
MANILA, Philippines - West Zone concessionaire Maynilad Water Services Inc.  has won its arbitration case against the government over the losses it incurred from the delayed implementation of the tariff hike.