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.
Philip Morris International (PMI) is counting on the Philippines as an important sourcing and manufacturing base as it strengthens supply-chain resilience against weather disruptions, geopolitical risks and other external shocks.
The Federal Aviation Administration (FAA) halted commercial flights nationwide Friday (early Saturday in Manila) after a communications failure crippled all 22 regional air traffic control centers, although it remained unclear whether the disruption was connected to an outage affecting some Microsoft services.
The Philippine economy is beginning to resemble a car running low on fuel while its engine overheats. Growth is sputtering, prices are soaring, jobs are getting harder to find, and agriculture—a major source of food and rural livelihoods—is contracting
Southeast Asia’s small businesses need stronger digital capabilities and better access to regional markets to tap more than 680 million consumers and help ASEAN achieve its ambition of becoming the world’s fourth-largest economy, ASEAN Foundation executive director Dr. Piti Srisangnam said.