Company Overview and News

Metro Pacific to ramp up water business expansion

2017-11-17 bworldonline
SYDNEY, Australia ― Metro Pacific Investments Corp. (MPIC) is ramping up the expansion of its water business outside of Metro Manila, as it eyes 26 projects in partnership with local water districts.
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How to use the price-to-sales ratio to buy stocks?

The use of price multiples to determine the relative value of a stock is not uncommon in the investment community.
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More holding firms turn in positive results

2017-11-10 bworldonline
FIVE MORE conglomerates reported favorable results on Friday, firming a generally positive picture of listed holding companies in the third quarter and the nine months to September.
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Ayala nets P23.2B

The country’s oldest business house Ayala Corp. grew net profit in the first nine months by 18 percent year-on-year to P23.2 billion led by robust earnings from its property business.
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Manila Water sets P1.4 B upgrade of Balara plant

2017-11-09 philstar
MANILA, Philippines — Ayala-led and east zone concessionaire Manila Water Co. Inc. is allocating P1.4 billion for the improvement of its Balara treatment facilities to ensure stable and reliable water supply in the area.
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Manila Water posts flat earnings in 9 months

2017-11-09 philstar
MANILA, Philippines — Ayala-led and east zone concessionaire Manila Water Co. Inc. reported a nine-month net income of P4.9 billion, the same level as last year.
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Building an alliance culture in Asean

ASEAN FORUM Defense Secretary Delfin Lorenzana greets US Ambassador to the Philippines Sung Kim during a conference on “Asean Leadership Amid a New World Order” in Makati City. —AP
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More Asean cross-border partnerships

BUSINESS TALK OVER DINNER President Duterte and his Cabinet talk business over dinner with members of the Association of Southeast Asian Nations (Asean) Business Advisory Council and the Asean economic ministers during the Asean Business Awards at the Solaire Resort and Casino in September. —MALACAÑANG PHOTO
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BSP sees October inflation at 3.2-3.7%

2017-10-30 philstar
MANILA, Philippines — Inflation likely stayed above three percent in October due to rising pump prices of petroleum products, higher utility rates and the weak peso.
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Inflation further picking up steam

2017-10-30 bworldonline
INFLATION may have quickened in October — on the back of higher fuel prices, utility rates, and a weaker peso — but at a pace not enough to make the Bangko Sentral ng Pilipinas (BSP) miss its full-year target, the monetary authority said yesterday.
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PPP in water projects works, says Manila Water chief

With a clear, transparent and consistent regulatory framework, public-private partnerships (PPP) in water projects has worked in Metro Manila and other parts of the country.
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Manila Water promotes Asia Pacific water security

2017-09-29 philstar
MANILA, Philippines — Ayala-led Manila Water Co. Inc. inked an agreement with two Australian organizations to promote water security in the Asia-Pacific region.
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Manila Water, AC Energy ink electricity supply agreement

2017-09-22 philstar
MANILA, Philippines — Ayala Corp.’s subsidiaries Manila Water Co. Inc. and AC Energy entered into a retail electricity supply agreement as part of efforts to ensure a more efficient service connection to the east zone.
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Mla Water readies P5.3-B aqueduct

2017-09-16 philstar
MANILA, Philippines — Ayala-led Manila Water Co. Inc. is set to start the construction of the Novaliches-Balara Aqueduct 4 (NBAQ4) following the signing of the P5.3-billion project aimed at improving the reliability and security of the company’s raw water transmission system.
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Weaker peso forces Manila Water, Maynilad to raise water tariff

2017-09-15 bworldonline
MANILA Water Co. and Maynilad Water Services, Inc. will be raising water rates for the fourth quarter of the year to factor in the weakening of the peso against foreign currencies.
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