Effective January 1, Maynilad will implement a 2.85 percent Rate Adjustment Limit (RAL) on its existing basic charge, following the recommendation of the MWSS Regulatory Office and the approval of the MWSS Board of Trustees.
Asian Terminals Inc. (ATI) hit the brakes on trading Tuesday as a Maharlika Investment Corp. (MIC) tender offer set the port operator firmly on course for a voluntary exit from the Philippine Stock Exchange.
Alsons Consolidated Resources Inc. (ACR) has received a higher credit rating from Philippine Rating Services Corp. (PhilRatings), which upgraded the company’s issuer credit rating to PRS Aa with a stable outlook.
Metro Manila water rates will increase starting next year, the Metropolitan Waterworks and Sewerage System–Regulatory Office (MWSS-RO) said on Monday. The adjustments are meant to reflect changes in taxes and environmental charges.