Tag: Maynilad

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Maynilad slashes water loss, boosts efficiency

West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) made significant headway in reducing water losses in 2025, closing the year with a Non-Revenue Water (NRW) level of 30.7 percent, down from 38.4 percent in December 2024. 

Maynilad gets green light for 2026 rate hike

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.

UBS scoops 144.3M shares to steady Maynilad

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 launches new facility, safeguards Laguna Lake

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.

DMCI profit falls amid business transition

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. 

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Young Filipino agripreneurs complete Singapore innovation workshop 

Seventeen young agripreneurs from the Department of Agriculture’s Young Farmers Challenge have finished a five-day agribusiness and technology training program in Singapore.

GT Capital earns A-minus rating from Japan agency

GT Capital Holdings Inc. has secured its first investment-grade foreign currency issuer rating from the Japan Credit Rating Agency, a milestone expected to broaden the conglomerate's access to Japanese capital and diversify its funding sources.

BSP issues new AI governance principles for financial entities 

The Bangko Sentral ng Pilipinas (BSP) has introduced a new set of voluntary governance principles to guide BSP-supervised financial institutions (BSFIs) in safely adopting artificial intelligence. Issued in June under Memorandum No. M-2026-031, the framework helps institutions innovate and improve customer service while protecting consumers, managing risks, and maintaining trust in the financial system.

Airport City opens doors at Clark

The Luzon International Premiere Airport Development (LIPAD) Corporation has officially launched the Clark AeroDistrict, marking the debut of the country’s first world-class airport city.

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