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The Ayalas own the controlling stake in Manila Water, while a company being run by Manuel V. Pangilinan is a shareholder of Maynilad along with the Consunjis. On November 26, 2019, Duterte slammed both private water firms of treating water like a commodity and not as a natural resource.
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 business and investment plans". [38]
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.
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After the administration of President Fidel Ramos took over in 1992, it continued conducting studies for the development of a Kaliwa dam, but these remained just proposals as the Metropolitan Waterworks and Sewerage System was privatized, and concessionaires Manila Water and Maynilad took over the servicing of water in the National Capital ...
The Supreme Court on Friday rejected a settlement between Western states over the management of one of North America’s longest rivers. In a 5-4 decision, the justices ruled that the water ...
Jul. 6—A state water quality commissioner has dismissed claims her oil and gas industry ties amount to a conflict of interest in a pending fracking wastewater rule change case after criticism of ...
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.