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Manila Water explores Pangasinan supply deal
The consortium of Manila Water Co. Inc. and its wholly owned subsidiary, Manila Water Philippine Ventures continue to explore water supply partnerships with the Provincial Government of Pangasinan as it looks to revive the recently terminated concession agreement between the two......»»
DMCI posts FY23 net income of P24.7-B (down 21%)
DMCI posted an FY23 consolidated net income of P24.7 billion, which was 21% lower than its FY22 net income of P31.2 billion......»»
Atlas Consolidated posts FY23 net income of P1.1-B (down 65%)
Atlas Consolidated, a gold and copper mining company, posted an FY23 net income of P1.1 billion, which was 65% lower from its FY22 net income of P3.2 billion......»»
Semirara FY23 net income down 30% to P27.9-B
Semirara Mining and Power posted an FY23 net income of P27.9 billion and a Q4 net income of P5.3 billion......»»
Boulevard Holdings Q2 net income down 86% y/y, down 336% q/q
Boulevard Holdings reported a Q2/23 net loss of P33 million, down 86% from its Q2/22 net loss of P18 million, and down 336% from its Q1/23 net income of P14 million......»»
MCWD water deficit now affects 50,000 households in Metro Cebu
CEBU CITY, Philippines – As the internal political strife surrounding the Metropolitan Cebu Water District or MCWD continues, the shortage of water faced by residents has also persisted. Currently, the water deficit in the MCWD has now reached 50,000 cubic meters per day. This equates to 50,000 households experiencing water supply issues, with each household.....»»
NWRB cuts water supply for Metro next month
The National Water Resources Board will slash the water allocation for Metro Manila to 48 cubic meters per second from 50 cms starting mid-April to conserve water supply that has been impacted by the ongoing El Niño......»»
DOF drops income tax hike for dividend income
The Department of Finance revised the proposed Passive Income and Financial Intermediary Taxation Act to drop a planned increase in the income tax rate for dividend income......»»
MCWD told to explain ‘water shortage’ in Mandaue brgys
MANDAUE CITY, Cebu – The Mandaue City Council has requested officials of the Metropolitan Cebu Water District (MCWD) to appear in their next session to shed light on the water supply problems being experienced here. Councilor Jennifer Del Mar, the chairperson of the Committee on Disaster Risk Reduction and Management, sought the appearance of MCWD.....»»
Manila Water unit inks Cebu supply deal
A wholly owned subsidiary of Manila Water Co. Inc. has signed a supply contract with the Metropolitan Cebu Water District......»»
Megaworld Hits Record Financial Performance in 2023, Income up 26% to P19.4 Billion
Megaworld Corporation, the country’s premier township developer, achieved a landmark milestone in its financial performance for the year 2023 as its full-year net income surged by 26% to P19.4 billion. Its consolidated revenues, on the other hand, rose by 17% to P69.7 billion. Net income attributable to the parent company’s shareholders also jumped by 29% […].....»»
Upland Cebu City residents lament shortage of water
Upland Cebu City residents lament shortage of water.....»»
Philippines accuses Chinese coastguard of firing water cannons at supply boats
Manila [Philippines], March 23 (ANI): The Philippines has accused China's coastguard of firing water cannons at one of its supply boats in South China Sea, Al Jazeera reported. The Armed Forces of the Philippines said that BRP Cabra managed to manoeuvre and reach Unaizah May 4 to provide assistance to the Philippine supply boat, which had sustained "significant damage."According to the Philippine military, the confrontati.....»»
Philippines accuses Chinese coastguard of firing water cannons at supply boats
Manila [Philippines], March 23 (ANI): The Philippines has accused China's coastguard of firing water cannons at one of its supply boats in South China Sea, Al Jazeera reported. The Armed Forces of the Philippines said that BRP Cabra managed to manoeuvre and reach Unaizah May 4 to provide assistance to the Philippine supply boat, which had sustained "significant damage."According to the Philippine military, the confrontati.....»»
Solon pushes creation of Dept of Water Resource Management
CEBU CITY, Philippines — A lawmaker is pushing for the establishment of a national framework for water resource management that is spelled out in the proposed Department of Water Resources Management (DWRM) as a long-term solution to water shortage in the country. Agri Partylist Representative Wilber Lee said that the DWRM will bring together 32.....»»
75 LGUs to get P13.33M to enhance water supply, sanitation services — DILG, DBM
CEBU CITY, Philippines — The Department of Interior and Local Government (DILG) and the Department of Budget and Management (DBM) recently launched a support fund that aims to enhance water supply and sanitation services of municipalities belonging to the 4th to 6th income class. On Wednesday, Feb. 21, the secretaries of DILG and DBM signed.....»»
DENR keen on Israeli technology for water supply in island barangays
The Department of Environment and Natural Resources is keen on adopting Israeli technology to provide affordable and accessible water to some 65-island barangays whose residents do not have sustainable water supply......»»
ULAP lauds water supply program for poor LGUs
Union of Local Authorities of the Philippines president and Quirino governor Dax Cua lauded a government program that aims to help the poorest municipalities in the country have access to clean and stable water supply. “We in ULAP have always emphasized the need to address people’s basic right to water, in line with our commitment […].....»»
Aboitiz-led Apo Agua starts supplying water to Davao City
DAVAO CITY (MindaNews / 10 January)—Consumers here can expect better supply as the P12-billion Davao City Bulk Water Supply Project (DCBWSP) of the Aboitiz-led Apo Agua Infrastructura Inc. has commenced operations on December 1, 2023, three years after the completion target. In a joint statement released by the Davao City Water District (DCWD) and Apo […].....»»
SSS net income soars to all-time high of P83B in 2023
MANILA, Philippines —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»