Maynilad Water Profit Surges 10.2% to P12.6 Billion in Nine Months
Economy

Maynilad Water Profit Surges 10.2% to P12.6 Billion in Nine Months

Maynilad Water Services reported a 10.2% increase in net income for January-September 2026, reaching P12.6 billion, driven by a growing customer base and investments in service improvements.

Read up to 3 eligible full articles per Japan day (JST) for free

Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.

  • Philippines Inflation Surges to 7.8% in October, Driven by Transport and Utilities Costs

    Consumer prices in the Philippines surged by 7.8% year-on-year in October, up from 7.2% in September, primarily driven by higher transport and utility costs. This acceleration is expected to put further strain on household budgets, reaching a projected over three-year high.

  • Speaker Dy Backs Calls for Greater Budget Transparency, Stresses Public Right to Know

    Philippine House Speaker Faustino Dy III expressed openness to disclosing supporting documents for government projects and making budget deliberations more accessible to the public, emphasizing that the budget is the people's money and they have the right to know how it's spent.

  • Weaker Peso to Affect Philippine Rice Imports, Industry Group Warns

    The weakening Philippine peso is expected to impact the country's rice imports, according to the Philippine Chamber of Agriculture and Food, Inc. (PCAFI). The group warns that higher import costs due to the depreciated peso could affect domestic rice supply, with projections for over 5 million metric tons of rice imports in 2026.

  • Congressman: Budget issue blown out of proportion

    A Philippine congressman claims the issue of incorrect coordinates for farm-to-market road projects in the proposed 2027 national budget has been "blown out of proportion." He stated that the eight errors represent a small fraction of the total and are correctable, with the Department of Agriculture acknowledging and rectifying the mistakes.