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SC ruling vs water concessionaires to prompt rate increase

The MWC underscored that Sec. 8 did not envision the completion of the whole project, only the interconnection. The post SC ruling vs water concessionaires to prompt rate increase appeared first on Daily Tribune......»»

Category: newsSource: tribune tribuneOct 10th, 2019

Manila Water to SC: Reverse ruling or people face 780% rate increase

MANILA, Philippines – Manila Water warned of an exponential 780% increase in water rates or as much as P26.70 per cubic meter if the Supreme Court (SC) does not reverse its decision to penalize the company. What happened? Manila Water and Maynilad Water Services were ........»»

Category: newsSource:  rapplerRelated NewsOct 10th, 2019

New water concession deals to benefit public — Palace

A top Palace official revealed yesterday that water concessionaires Maynilad and Manila Water will not be able to pass on taxes to their consumers and the government will be empowered to stop water rate hikes under the new contracts being drafted......»»

Category: newsSource:  philstarRelated NewsJan 10th, 2020

Water shortage may prompt drastic action from Duterte vs Manila Water, Maynilad

MANILA, Philippines – Presidential Spokesman Salvador Panelo floated the possibility that President Rodrigo Duterte would resort to "drastic" action over the ongoing water shortage in Metro Manila, including making good on his threat to cancel agreements with water concessionaires. Panelo on Monday, October 28, "supposed" that Duterte would ........»»

Category: newsSource:  rapplerRelated NewsOct 28th, 2019

Manila Water denies impending 780% rate hike

Water concessionaire Manila Water clarified that it would not impose a 780% increase in water rates......»»

Category: newsSource:  philstarRelated NewsOct 11th, 2019

Manila Water warns of 780% water rate hike

Consumers should brace for a P26 increase in water rates in the long-term following the massive fines slapped on water firms due to non-compliance with environmental laws......»»

Category: newsSource:  philstarRelated NewsOct 9th, 2019

Manila Water flags rate impact of SC ruling

Manila Water flags rate impact of SC ruling.....»»

Category: newsSource:  bworldonlineRelated NewsOct 9th, 2019

P16 water rate increase seen

Consumers might have to brace for an increase in water rates as high as P16 per cubic meter in the long term following the massive fines slapped on water firms for their non-compliance with environmental laws......»»

Category: newsSource:  philstarRelated NewsSep 3rd, 2019

NWRB to keep lower water allocation for Metro Manila for entire July

The National Water Resources Board will keep the daily water allocation for Metro Manila concessionaires at 36 cubic meters per second for the whole of July even after the water level at Angat Dam saw a slight increase in the past few days......»»

Category: newsSource:  philstarRelated NewsJul 3rd, 2019

Higher water rates

By: Modesto P. Sa-onoy Once the Bacolod Water District is privatized or placed under the control and management of a private company, the concessionaires can expect a higher rate. That goes without saying because private companies invest their funds not to be generous or the owners to be rewarded with a place in heaven but […] The post Higher water rates appeared first on Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsJun 13th, 2019

Absence of MWSS board saves users from water rate increase

The impact of current peso depreciation to the consumers' water billing is not yet going to be felt this year since the utilities are still waiting for the appointment of new Metropolitan Waterways and Sewerage System (MWSS).....»»

Category: newsSource:  mb.com.phRelated NewsOct 1st, 2016

Amihan rains to help increase water supply, aid farm lands this February

CEBU CITY, Philippines — Get your rain gears as it will be a rainy Monday tomorrow, February 17, 2020. The state weather bureau said the Northeast monsoon (Amihan) would enhance this coming week and would bring rains and thunderstorms here in metro Cebu and most of the Visayas. Jhomer Eclarino, a weather specialist at the […] The post Amihan rains to help increase water supply, aid farm lands this February appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated News21 hr. 3 min. ago

Higher infra spending to drive strong growth

Finance Secretary Carlos Dominguez III said higher state spending on infrastructure and social services, supported by a low inflation rate and an expansionary monetary policy, will allow the government to “dramatically increase” the pace of economic growth this year......»»

Category: financeSource:  thestandardRelated NewsFeb 14th, 2020

Better rates prompt T-bills full award

Positive investor sentiment owing to factors such as the manageable inflation outlook helped push the Bureau of Treasury’s (BTr) Treasury bill (T-bill) rate to a better plane on Monday. As a result, the BTr decided to award the T-bills in full and raised the full P20 billion on sale that met an aggressive demand. “This […] The post Better rates prompt T-bills full award appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsFeb 11th, 2020

Duterte urged to compel water firms to pay P2 billion fine

An independent lawmaker yesterday called on President Duterte to compel the country’s largest water concessionaires to pay the P2-billion fine the Supreme Court slapped on them for violating the Clean Water Law......»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2020

Gov& rsquo;t at fault for Metro Manila water crisis

Let’s clear the air about this: Should the two water concessionaires in Metro Manila, namely Maynilad Water Services Inc. and Manila Water Co. Inc., be blamed for the water crisis that gripped Metro Manila residents last summer and is likely to be repeated again this year?.....»»

Category: newsSource:  thestandardRelated NewsFeb 6th, 2020

Inflation up 2.9% in January

Inflation, or the increase in prices of basic goods and services, showed further acceleration in January 2020, the Philippine Statistics Authority (PSA) announced on Wednesday. “The year 2020 started off with a higher national headline inflation rate of 2.9 percent. This is the highest inflation record since June 2019 when inflation was posted at 2.7 […] The post Inflation up 2.9% in January appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsFeb 6th, 2020

Expert warns against vaccine shift

A leading expert on infectious diseases has warned that shifting to an “inferior” PCV-10 anti-pneumonia vaccine could increase the mortality rate among Filipino children who are under threat of deadly pulmonary diseases......»»

Category: newsSource:  thestandardRelated NewsFeb 3rd, 2020

Manila Water board approves capital increase to P4.4B

Manila Water board approves capital increase to P4.4B.....»»

Category: financeSource:  bworldonlineRelated NewsJan 31st, 2020

Govt debt hits P7.73T at end-2019

THE outstanding debt of the national government rose to P7.73 trillion at the end of 2019, primarily due to net availments and exchange rate adjustments, but its share to the economy improved, the Bureau of the Treasury (BTr) reported on Wednesday. In a statement, the BTr said the amount was a 0.3-percent or P21.64-billion increase […].....»»

Category: newsSource:  manilatimes_netRelated NewsJan 30th, 2020

PH govt debt rises to P7.73B in 2019

THE national government’s outstanding debt rose to P7.73 trillion at the end of 2019 primarily because of net availments and exchange rate adjustments, the Bureau of Treasury (BTr) reported on Wednesday. In a statement, the Treasury bureau said the amount was a 0.3-percent or P21.64-billion increase from November 2019’s P7.70 trillion. “Of the total debt stock, […].....»»

Category: newsSource:  manilatimes_netRelated NewsJan 29th, 2020