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However, in September 2013, the regulator MWSS ordered both companies to reduce their tariff. Manila Water and Maynilad were ordered to reduce tariffs by 29.47 percent and 4.82 percent respectively in five equal annual tranches over a period of five years, because "the utilities were unable to justify the need for higher rates based on their ...
Maynilad Water Services, Inc., better known as Maynilad, is the water and wastewater services provider of cities and municipalities that form the West Zone of the Greater Manila Area in the Philippines. It is an agent and contractor of the Metropolitan Waterworks and Sewerage System (MWSS). [1]
The Metropolitan Waterworks and Sewerage System [1] (Tagalog: Pangasiwaan ng Tubig at Alkantarilya sa Kalakhang Maynila), [5] formerly known as the National Waterworks and Sewerage System Authority (NAWASA), is the government agency that is in charge of water privatization in Metro Manila and nearby provinces of Cavite and Rizal in the Philippines.
Both agreements stipulated the price of 3 Malaysian cents per 1,000 imperial gallons (4,500 L). Under the agreement, Singapore pays rent on the land “at the standard rate applicable to building lots on town land”, and follows water rates and prices stated in the 1961 agreement with the provision of price review possible in 25 years. [2]
Since 2019, the two firms supplying water to Metro Manila and nearby provinces have been the subject of President Duterte's public rants, after they went to an international arbiter to demand the government pay ₱10.8 billion to recoup losses from rejected water rate hikes in 2015. [9]
Elon Musk v. RFK Jr.’s stance on Ozempic. In November, the Biden administration announced plans to provide coverage for costly anti-obesity medications, including Wegovy and Zepbound, for ...
Each week during the 2024-25 NBA season, we will take a deeper dive into some of the league’s biggest storylines in an attempt to determine whether trends are based more in fact or fiction ...
Shohei Ohtani's 10-year, $700 million contract remains the largest known contract in sports history. Soto is not expected to come close to Ohtani's $70 million average annual value, but as for ...