Maynilad Water Services Inc.’s market debut came with a splash and a safety net. UBS AG Singapore Branch, acting as the stabilization agent for the utility’s initial public offering, snapped up a hefty 144.3 million Maynilad shares during the stabilization window after the stock slipped below its P15 IPO price.
Maynilad Water Services Inc., the country’s largest water concessionaire by customer base, has expanded its wastewater footprint in southern Metro Manila with the inauguration of the 20-million-liter-per-day (MLD) Tunasan Water Reclamation Facility (WRF) in Muntinlupa City, boosting efforts to protect Laguna de Bay and improve sewerage coverage in the West Zone.
Diversified engineering conglomerate DMCI Holdings reported a 27 percent drop in second-quarter net income to P4.0 billion from P5.5 billion a year ago, as weaker results from its coal, real estate, and construction units offset gains in other segments.
Maynilad Water Services Inc. has completed a ₱218-million pipeline replacement project in Quezon City, marking a milestone in its efforts to modernize Metro Manila’s aging water infrastructure and improve service delivery.
In preparation for the upcoming dry season, Maynilad Water Services Inc., the West Zone concessionaire, is ramping up its fire prevention and emergency response efforts to support communities and enhance firefighting operations.
Metropolitan Waterworks and Sewerage System (MWSS) has approved a slight tariff adjustment for Manila Water Co., following the implementation of a Foreign Currency Differential Adjustment (FCDA) under the utility’s concession agreement.
The Bangko Sentral ng Pilipinas reported that the Philippines’ outstanding external debt edged lower in the fourth quarter of 2025, offering a modest improvement in debt manageability as global investors trimmed their exposure to Philippine securities.
Universal Robina Corp., the listed food arm of the Gokongwei group, is giving up majority control of its cup noodles joint venture to Nissin Food Asia Co. Ltd. (NFA), the Thai subsidiary of Japan’s Nissin Foods Holdings Co. Ltd., in a move that reshapes a decades-long partnership in the instant noodle market.