Manila Water Co. Inc., the east zone water concessionaire controlled by tycoon Enrique Razon, has secured a 15-year, P27-billion loan from BDO Unibank Inc. to fund its acquisition of WawaJVCo. Inc., strengthening its grip on a critical water source for Metro Manila.
Boracay Water, a subsidiary of Manila Water Philippine Ventures, is reinforcing its commitment to environmental sustainability while supporting Boracay Island’s thriving tourism economy. The company has implemented a comprehensive water and wastewater management strategy to address the growing demand of tourism while ensuring operational efficiency.
Manila Water Co. Inc. has been granted a patent for its innovative portable desludger by the Intellectual Property Office of the Philippines, a development that enhances the company’s ability to provide essential sanitation services to remote and hard-to-reach barangays. The new technology will enable Manila Water to offer more efficient septic tank cleaning, particularly in areas with narrow streets or difficult terrains.
Metro Manila’s water supply is expected to remain stable throughout 2025 despite projected higher demand in the hot months ahead, the Metropolitan Waterworks and Sewerage System (MWSS) said.
The Philippines is seeking to convert longstanding trade ties with the US into investment, technology partnerships and employment, highlighting USD8.5 billion in approved projects in the second quarter of 2026 as it courts West Coast businesses.
The Federation of Filipino Chinese Chambers of Commerce and Industry Inc. (FFCCCII) has donated more than 6,500 school buildings, equivalent to over 13,000 classrooms, across the Philippines over the past 65 years, supporting efforts to improve educational access in underserved communities.
SM Hotels and Conventions Corp. (SMHCC) has earned dual recognition at the Asia CEO Awards 2026, receiving Circle of Excellence honors in Sustainability Company of the Year and Diversity Company of the Year for its environmental initiatives, inclusive workplace policies and responsible hospitality practices.
FAST Logistics Group is strengthening its Cebu operations to help local businesses reach markets across the Philippines, offering integrated transportation, warehousing and distribution services that could reduce the cost and complexity of nationwide expansion.