Mounting losses and competition forced the closure of the subsidiary.
Ayala-led Manila Water is closing its Healthy Family Business Division effective October 31, 2020.Top Story: 10 Bizarre Filipino Building Superstitions You Need to Know Before Constructing Your HomeHealthy Family is a purified water brand under Manila Water’s wholly owned subsidiary Manila Water Total ...
Is Razon the “white knight” the Ayalas need for Manila Water now?
Minutes before the trading in the Philippines Stock Exchange closed on Wednesday, February 6, Ayala Corporation dropped another bomb. The country’s oldest conglomerate is giving up control in Manila Water Corporation, one of its cash cows, to give way to its recently announced ...
Ayala says it will use fresh funds to improve water and wastewater distribution system in th east zone.
An infrastructure company controlled by businessman Enrique Razon is planning to acquire a 25-percent stake in Ayala-owned Manila Water, effectively signaling a partnership between the two families. According to a disclosure by Ayala Corporation to the Philippine Stock Exchange, Prime Metroline Holdings Inc., ...
Despite the rains in recent days, the National Water Resources Board lessens allocation to Maynilad and Manila Water.
The National Water Resources Board is allocating less water for Manila Water and Maynilad, Metro Manila's water concessionaires. Because of the move by the water board, Manila Water announced on its Facebook page that it will conduct rotational water service interruptions covering the East Zone for eight ...
Will the waived fees wash away the robust financial growth Manila Water has sustained over the last seven years?
It's been almost a month since many households in Metro Manila's East Zone have had their water supply cut off.Though water service has now returned in most areas—Ayala Corporation Chairman Jaime Augusto Zobel de Ayala has said Manila Water’s eight to 12-hour water ...
We must learn to survive by coming through: by seeing how things begin with ourselves and end with ourselves.
We are in water crisis—scratch that, we are in crisis and we don’t know who to blame.Blame it on El Niño for his dry, childish and self-deprecating humor, because apparently he strikes whenever someone needs to be blamed. Blame it on Manila ...
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