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For example, during the drought of 1998 water supply to Metro Manila had to be reduced by 30 percent and water supply for irrigation was completely cut. [13]: 127 Therefore, since the mid-1990s MWSS has pursued the construction of a new dam, the Laiban Dam, to supply Manila with water. Besides the need to hedge against the risk of drought, this ...
Agricultural water management in the Philippines is primarily focused on irrigation. The country has 3.126 million hectares of irrigable land, 50% (1.567 million hectares) of which already has irrigation facilities. 50% of irrigated areas are developed and operated by the government through the National Irrigation System (NIS). 36% is developed by the government and operated by irrigators ...
Steel prices dropped significantly as the market became saturated with steel from previous demand, and many steel mills in the Western world were driven out of business. Some areas affected by the steel crisis were the Rust belt in North America, the English Midlands in the United Kingdom, the Ruhr area in West Germany and Bergslagen in Sweden.
Maynilad Water Services Inc. was formed in 1997 as a partnership of the Benpres Holdings Corporation (now the Lopez Group of Companies) and Ondeo Water Services Inc. after it won the bidding to run the water and wastewater services in the West Zone. Benpres eventually left the partnership in 2006 to settle a US$240 million debt.
Additionally, tariffs may only partially offset larger global supply and demand dynamics in a global commodity market such as steel. Now, the steel industry is in somewhat of a downturn currently ...
The Iligan Steel Mill was established in 1952 as a government-initiated project of the National Shipyards and Steel Corporation (NASSCO). [2]After NASSCO applied for a $62.3 million loan from the United States-based Eximbank to fund projects, the latter suggested a transfer of the facilities' management to the private entity.
The clock is ticking on government approval for the U.S. Steel-Nippon Steel merger, and whether short-term political buffoonery will win out over inexorable economic logic. My money is on buffoonery.
The analyst says industry consolidation in the US has led to higher steel prices for domestic buyers, fueling a continued trend of off-shoring manufacturing to places like China and other markets.