Tag: Maynilad

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Maynilad ignites Philippine IPO revival 

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The Philippines staged a strong comeback in equity capital markets in 2025, powered by the blockbuster initial public offering of Maynilad Water Services, Inc., which ranked as the third-largest IPO in Southeast Asia, according to Deloitte’s Southeast Asia IPO Capital Market Report 2025.

Maynilad slashes water loss, boosts efficiency

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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

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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

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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

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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.
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Bloomberry bets P30M on online gaming growth

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Bloomberry Resorts Corp. is stepping up its push into the Philippines’ expanding digital gaming market, rolling out a P30-million year-end promotional campaign for its online gaming platform, FUNaloMAX, as operators compete to attract and retain players.

Global and local firms eye P103-B MRT-3 modernization project

Transport & Logistics 0
Around 100 local and international companies have expressed strong interest in taking part in the proposed P103.6-billion concession for the Metro Rail Transit Line 3 (MRT-3), highlighting growing confidence from both foreign and domestic investors in upgrading the country’s main urban railway network.

Globe powers cell cites with renewable energy, boosting network resilience 

Energy & Mining 0
Globe Telecom Inc. announced Friday that more than 1,000 of its cell sites are now running on renewable energy as of August 2026, marking a key step in the company’s push toward cleaner and more reliable operations. The shift was made possible through the government’s Retail Aggregation Program, making Globe the first telecommunications provider in the country to reach this milestone.

DA, Nestlé partner to boost Bukidnon coffee yields, farmers

Agriculture 0
A better cup of coffee begins long before the beans reach the roaster. In Northern Mindanao, it starts with better planting materials, improved farming practices, and a partnership aimed at turning higher yields into better livelihoods for coffee farmers.

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