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Maynilad spending P30 billion for service improvements

West Zone concessionaire Maynilad Water Services Inc. is setting aside as much as P30 billion for capital expenditures (capex) this year to continue service improvements amid the ongoing threat of the El Niño weather phenomenon......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Maynilad pipelines P4 billion for upgrade of 22 pumping stations, reservoirs

Maynilad Water Services will spend about P4 billion to rehabilitate 22 pumping stations and reservoirs to boost the water supply and pressure in the West Zone concession area......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Maynilad pouring in P2.7 billion for water loss reduction plan

Maynilad Water Services Inc. will spend P2.7 billion until 2027 to reduce water losses by replacing its aging pipe network and stifling the rampant illegal connecti.....»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

Maynilad nears maiden P15 billion blue bond issue

Maynilad Water Services Inc. moves closer to the issuance of its maiden blue bond sale of up to P15 billion after submitting necessary documents to regulators......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

Maynilad to sell P15-B of Blue Bonds to fund capex projects ahead of IPO

Maynilad Water Services, a subsidiary of Metro Pacific Investments and an affiliate of DMCI Holdings, disclosed its application to the SEC to sell up to P15 billion worth of fixed-rate “Blue Bonds” in the last week of May, for listing on PDEx in the first week of June......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

Maynilad considering a $300-M pre-IPO investment round before it goes public in 2025

Bloomberg is reporting that Maynilad Water Services, the “West Zone” water concessionaire owned by Metro Pacific Investments and DMCI, is “considering” raising a US $300 million (~P16.9 billion) “funding round” before it goes public on the PSE in 2025......»»

Category: financeSource:  philstarRelated NewsFeb 6th, 2024

SRA allots P66-M fund for El Niño mitigation measures

SRA allots P66-M fund for El Niño mitigation measures.....»»

Category: newsSource:  sunstarRelated NewsMar 15th, 2024

Negros Occidental allots P2-M for energy development initiatives

Negros Occidental allots P2-M for energy development initiatives.....»»

Category: newsSource:  sunstarRelated NewsJan 13th, 2024

Philippines Sees Improvements in Jobs, Setting a Positive Tone for 2024

New insights from The Market Call paint a hopeful picture for the Philippines, especially in job opportunities and economic stability, pointing to a promising start in 2024. In December, a significant number of people, a whopping 50.5 million, found jobs, and the number of those without jobs hit a record low of 1.6 million, making […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 22nd, 2024

Employees Enter a so-so Era: The Latest Jobs Report – The Daily Guardian

January’s Jobs Report Exceeds Expectations, Indicating Positive Outlook for Labor Market In a surprising turn of events, the jobs report for January has defied expectations.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 5th, 2024

Maynilad plugs pipe leaks in Sampaloc

West zone concessionaire Maynilad Water Services Inc. has spent P208 million to replace nearly one kilometer of “old and leaky” primary lines in Manila, recovering three million liters per day of potable water......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

Maynilad sets water interruption in Parañaque, Las Piñas

Some areas in Parañaque and Las Piñas will be experiencing water service interruption beginning 8 p.m. tonight until 6 a.m. tomorrow, according to Maynilad Water Services Inc......»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

Biosolids in Maynilad septage to be converted into bio-bricks

West Zone concessionaire Maynilad Water Services Inc. will convert biosolids produced from the septage treatment process into bio-bricks as part of its environment and sustainability efforts......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

DILG chief urges industry players to build resilent structures

Housing and real estate industry players should build resilient structures with the necessary facilities for proper sewage management, water and sanitation as well as drainage and wastewater treatment, according Interior and Local Government Secretary Benjamin Abalos Jr......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

Boracay Water pipelines P240 million for service upgrade

Boracay Island Water Co. Inc. has earmarked P240 million to bankroll its capital expenditure this year to improve water and wastewater services in Boracay Island......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

Converge allots P5 billion for data centers

Broadband provider Converge ICT Solutions Inc. will allocate up to P5 billion for the delivery of data centers in the next three years to house its planned digital platforms......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Filinvest holding firm allots up to P25 billion for 2024 capex

Filinvest Development Corp., the investment holding company of the Gotianun family, plans to invest as much as P25 billion this year to expand its presence in real estate and power generation, as well as support its ongoing digitalization efforts......»»

Category: financeSource:  philstarRelated NewsApr 7th, 2024

Ayala Land allots P13 billion to redevelop 4 major malls

Ayala Land Inc. is spending P13 billion for the redevelopment of its malls, which is expected to be completed by 2028......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

SMIC allots P115 billion for 2024 capex

SM Investments Corp., the investment holding company of the Sy family, is spending up to P115 billion this year for the continuing expansion of its various businesses......»»

Category: financeSource:  philstarRelated News15 hr. 38 min. ago

Holcim allots P2 billion for co-processing, RE shift

Cement maker Holcim Philippines Inc. is spending P2 billion over the next three years for co-processing and shifting to renewable energy in line with its commitment for sustainable manufacturing operations......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024