Razon unit strengthens exposure in water infrastructure
The Razon Group’s joint venture with a privately owned Australian construction company plans to beef up its presence in the water infrastructure space to support its growth in the coming years......»»
Katrina Razon: Everyone is a steward for a new way forward
When it comes to sustainability, creating social impact and striving for a regenerative future, Katrina Razon, daughter of ports tycoon Enrique Razon, walks the talk......»»
Smart strengthens partnership with TPC
PLDT wireless unit Smart Communications Inc. strengthens its partnership with Telepreneur Corp., a leading direct selling company of network load, by supporting its biggest event to kick off 2024......»»
Banks ease exposure in real estate in 2023
The exposure of Philippine banks and trust entities to the volatile property segment eased slightly to 20.17 percent of total loans in end-December 2023 from 20.55 percent in end-September last year, data from the Bangko Sentral ng Pilipinas showed......»»
Bacolod City s MassKara Festival poised for more global exposure
Bacolod City s MassKara Festival poised for more global exposure.....»»
BPI strengthens partnership with ACEN to promote renewable energy
BPI strengthens partnership with ACEN to promote renewable energy.....»»
Manila Water ramps up deep well output
Razon-led Manila Water Co. Inc. is planning to boost its deep well production to around 80 million liters per day (MLD) before the government implements the reduced water allocation for Metro Manila in the coming weeks......»»
Water under the bridge
Last year, Razon-led Prime Infrastructure Capital Inc. and Lopez-owned First Gen Corp. said they were in discussions to develop a gas aggregation framework using the latter’s liquified natural gas (LNG) terminal in Batangas......»»
Wasted water: One-third of the water produced by MCWD is wasted
CEBU CITY, Philippines – More than one-third of the water production in Cebu has been relegated to wasted water. Cebu City Mayor Michael Rama said that the Local Water Utilities Administration (LWUA) found that the non-revenue water (NRW) of the Metropolitan Cebu Water District (MCWD) had already reached 36 percent. NRW is the amount of.....»»
Manila Water borrows $110 million for refinancing
The holding company of Razon-led Manila Water Co. Inc. for its international ventures secured a $110 million three-year loan from two Singapore-based banks to refinance its existing debt......»»
Tower companies pool in for 4G, 5G infrastructure
Two independent tower companies – Phil-Tower Consortium Inc. and Miescor Infrastructure Development Corp. – are set to form a joint venture company for 4G and 5G mobile network infrastructure in the country......»»
Philippines urged to accelerate development of sustainable infrastructure
The Philippines needs to work double time in building sustainable infrastructure given its high vulnerability to the impacts of climate change and weather disturbances, Singapore-based project facilitation office Infrastructure Asia said......»»
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......»»
PCC reviews Ayala unit’s acquisition of North Luzon drugstore chain
PCC reviews Ayala unit’s acquisition of North Luzon drugstore chain The Philippine Competition Commission (PCC) is conducting a deeper review of the proposed acquisition by Ayala Corp.’s unit of a substantial stake in North Luzon drugstore chain St. Joseph Drugstore......»»
Prime Infra unit starts first auto MRF plant
Prime Integrated Waste Solutions Inc., a subsidiary of Enrique Razon’s Prime Infra, has inaugurated the country’s first automated materials recovery facility (MRF) that will help address solid waste management problems......»»
40 mln Filipinos have no access to potable water: gov t
MANILA, May 7 (Xinhua) -- At least 40 million people in the Philippines have no access to fresh or potable water, the Presidential Communications Office (PCO) said Tuesday. Responding to the dire situation, Philippine President Ferdinand Romualdez Marcos ordered the government agencies to come up with concrete solutions to provide sufficient water supply to Filipinos deprived of potable water on Tuesday......»»
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.....»»
‘No water interruption until April 30’
The Department of Environment and Natural Resources has assured Metro Manila residents of uninterrupted water supply until April 30 after the plan to decrease the water allocation starting April 16 was shelved as the water level in Angat Dam remained above 195 meters yesterday......»»
Task force to public: Continue water conservation
As the water level in major dams can drop further during the dry months, the Task Force El Niño is urging the public to continue conserving water to avert a possible water crisis, especially in Metro Manila......»»
Mikey Belmonte bags Water Warrior Award
Quezon City Councilor Belmonte was conferred the “Water Warrior Award for Advocacy Leadership” during the 2024 World Water Day Awards in recognition of his contributions as an active partner of Maynilad in championing access to safe water, reliable sanitation and environmental responsibility......»»
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......»»