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Maynilad starts water reservoir project in Quezon City

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Maynilad Water Services Inc., a joint venture between Metro Pacific Investments Corp. and DMCI Holdings Inc., will start this month the construction of a P190-million concrete water reservoir in Novaliches, Quezon City, which is expected to be completed by April 2014.

Posted: June 6th, 2013 in Headlines | Read More »

Maynilad in talks to acquire Calapan Ventures

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In terms of contribution to net operating income of Metro Pacific Investments, Maynilad Water Services accounted for 43 percent, followed by Manila Electric Co., 30 percent; Metro Pacific Tollways, 20 percent; and the hospital group, 7 percent.

Metro Pacific-led Maynilad Water Services Inc. is studying the prospective acquisition of Calapan Ventures Inc. (CVI), owner of the waterworks system of Calapan City in Oriental Mindoro.

Posted: May 9th, 2013 in Latest Business Stories | Read More »

Biz Buzz: Wanted: Revamped newspaper

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The group of PLDT chair Manuel V. Pangilinan continues to be unsuccessful in expanding its growing media empire abroad, but given recent developments, MVP’s camp may soon have its very own “Financial Times.”

Posted: May 6th, 2013 in Headlines | Read More »

Maynilad sets P17.2B capex

West Zone water concessionaire Maynilad Water Services Inc. is investing P17.2 billion this year in its water and wastewater projects, almost double the capital expenditure in 2012.

Posted: January 22nd, 2013 in Headlines | Read More »

Top CEOs bullish on Philippines

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A Filipino trader blows a horn during the last day of trading this year at the Philippine Stock Exchange in the financial district of Makati on Dec. 28, 2012. 2012 is claimed to be one of the best years ever for the Philippine economy, with the GDP expected to surpass 5 to 6 percent and the stock market ending the year on its 38th record high.  AP/AARON FAVILA

The year 2012 is claimed to be one of the best years ever for the Philippine economy, with the gross domestic product expected to surpass the government’s target of 5 to 6 percent and the stock market ending the year on its 38th record high, making it the second-best performing market in Asia behind Thailand.

Posted: December 30th, 2012 in Latest Business Stories,Photos & Videos | Read More »

Water utilities to adjust rates on forex dev’ts

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manila water

Manila Water Company Inc. customers will have to pay slightly higher water rates toward the end of the year as a result of loan payments in Japanese yen, which has strengthened against the peso.

Posted: September 24th, 2012 in Latest Business Stories | Read More »

Maynilad expands facilities in Muntinlupa, Las Piñas

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Maynilad Water Services Inc. said it was currently constructing the Daang Hari booster pump station to further improve service levels in Muntinlupa and Las Piñas cities.

Posted: September 17th, 2012 in Headlines | Read More »

Maynilad expands water network

Maynilad Water Services Inc. installed a total of 2,423 kilometers of new pipes since 2007, effectively expanding its water distribution network in the West Zone to 6,998 kilometers by the first half of 2012.

Posted: September 3rd, 2012 in Headlines | Read More »

Maynilad steps up spending

West Zone concessionaire Maynilad Water Services Inc. (Maynilad) accelerated its capital spending from 2007 to June 2012, resulting in improved water services for 8.1 million customers.

Posted: July 30th, 2012 in Headlines | Read More »

Maynilad allots P2.64B for south Metro projects

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Maynilad Water Services Inc. said it would spend more than P2.64 billion to improve and expand its water services in Parañaque, Muntinlupa, Las Piñas and Cavite this year.

Posted: March 5th, 2012 in Headlines | Read More »

Maynilad sees 2-digit growth in sales, profit

Maynilad Water Services Inc. hopes to reach its target of double-digit increases in sales and profit as it expands its business and brings down water losses, company president and CEO Victorico P. Vargas said at the sidelines of the Water Loss 2012 conference.

Posted: February 27th, 2012 in Headlines | Read More »

Maynilad identifies priority projects for ’12

Maynilad Water Services Inc. said a big chunk of its P8.4-billion capital expenditure (capex) budget for 2012 would be used to fund sewerage and sanitation services, and system upgrades.

Posted: February 14th, 2012 in Headlines | Read More »

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