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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. (11-0)
The use of price multiples to determine the relative value of a stock is not uncommon in the investment community. (20-0)
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. (52-0)
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. (16-0)
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. (2-1)
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. (2-0)
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 (25-1)
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 (4-0)
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. (2-0)
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. (5-0)
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. (2-0)
MANILA, Philippines — Ayala-led Manila Water Co. Inc. inked an agreement with two Australian organizations to promote water security in the Asia-Pacific region. (2-0)
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. (2-0)
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.
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.