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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......»»
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......»»
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......»»
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.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
Recto bats for tax, tariff relief for hybrids
Finance Secretary Ralph Recto is in favor of granting reduced excise tax and preferential tariff to hybrid vehicles......»»
Government OKs higher 60,000 MT potato imports at lower tariff
The Philippines has allowed the entry of more imported potatoes used for making chips and french fries at a lower tariff to meet the growing demand for the raw material by local snack manufacturers......»»
Rice tariff collections hit P30 billion in 2023
Tariff collections from 3.6 million metric tons of rice imports likely reached a record P30 billion in 2023 on the back of a weaker peso and higher global grain prices......»»
Davao gets investment pledges worth P3B
DAVAO CITY (MindaNews / 06 March) – The Davao City Investment Promotions Center (DCIPC) has recorded investment pledges worth P3 billion from different potential investors for this year, an official said. Christian D. Cambaya, head of DCIPC’s Investor Assistance & Servicing Unit, said during “Wednesdays Media Forum at Habi at Kape” that Davao is off […].....»»
Bill pushing P100 daily wage hike gets Senate nod on 2nd reading
MANILA, Philippines — The Senate on Wednesday approved on second reading a bill pushing for a P100-daily minimum wage hike for private sector workers. Senate Bill No. 2534 under Committee Report No. 190 was unanimously approved during Wednesday’s plenary session. Senate President Juan Miguel Zubiri said that once the wage hike bill gets the final.....»»
Davao workers get pay hike
Minimum wage earners as well as household workers or kasambahay in Davao region will receive higher take-home pay after the Regional Tripartite Wages and Productivity Board (RTWPB) approved their petition for a salary increase......»»
Davao region workers to get pay hike soon
Minimum wage earners in Davao region are expected to receive a higher take-home pay soon as the Regional Tripartite Wages and Productivity Board (RTWPB) has deliberated on a petition for a salary increase, according to the Department of Labor and Employment......»»
I feel like a criminal for quitting- nurses in the US fight stay or pay agreements - US healthcare
Filipino nurses for Ohio-based company say they have been forced to pay thousands in fees after signing training contracts Filipino nurses are calling for the USs top labor watchdog to review controversial stay or pay training repayment agreement provisions that have left them facing lawsuits and thousands of dollars in fees after they quit their jobs. Training repayment agreement provisions (Trap) are contracts employers.....»»
Central Visayas kasambahay to get pay hike
Household helpers or kasambahay in Central Visayas are expected to get an increase in their monthly pay......»»
Lawmaker proposes gradual 3-year wage hike for private workers
A lawmaker on Wednesday proposed gradually increasing the minimum daily wage for private sector workers by P100 over three years. Manila Rep. Joel Chua believes this approach would be manageable for businesses still recovering from the pandemic. He emphasized the importance of balancing the interests of workers and businesses while implementing the wage hike. A.....»»
Is the proposed wage hike good or bad for SM?
SM executives are monitoring developments over the proposed legislated wage hike, as it could push up operating costs.....»»