Maynilad Water Services, Inc. (Maynilad) has been allowed to increase the tariff it charges customers but only as this relates to inflation and not the entire price adjustment mechanism, regulators said on Friday.
The various banks accelerated their lending activity in August, driven by a steady demand for credit from key business sectors. Big banks expanded their loan portfolios by 11 percent year-on-year, picking up speed from the 10.4 percent growth recorded in July.