MAYNILAD WATER RESOURCES INC

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                    [ArticleID] => 272858
                    [Title] => Government eyes $125-M loan to finance Maynilad rehab
                    [Summary] => The Arroyo administration is eyeing a $125-million loan from the World Bank (WB)  to finance the rehabilitation of the Maynilad Water Resources Inc. (Maynilad) after the government took over its concession from the Lopez group. 


Maynilad president Fiorello Estuar said negotiations are on-going for the loan which would finance the rehabilitation of Maynilad’s most problematic pipelines and ultimately reduce the company’s non-revenue water (NRW). 


                    [DatePublished] => 2005-04-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
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            [1] => Array
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                    [ArticleID] => 90029
                    [Title] => Palace warns water firm over payment suspension
                    [Summary] => Malacañang warned the Maynilad Water Resources Inc. yesterday against implementing its notice of force majeure to suspend payments of concession fees to the Metropolitan Waterways and Sewerage System (MWSS).


Presidential Spokesman Renato Corona issued the warning when Maynilad served the default notice to the MWSS Thursday after President Arroyo frowned on the proposed water rate increase. Maynilad said the increase was to recover company losses due to peso-dollar fluctuations in the repayment of foreign loans.  


                    [DatePublished] => 2001-03-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804833
                    [AuthorName] => Marichu A. Villanueva
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
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                    [ArticleID] => 96277
                    [Title] => NEDA seen to back plea for increase in water rates
                    [Summary] => The National Economic and Development Authority (NEDA) is likely to support the proposed increase in water rates in certain parts of Metro Manila and Cavite, saying that user charges should reflect the cost of investments in utilities.


A top NEDA official said that while it is always "politically unpleasant" to increase utilities rates, these adjustments are a necessary consequence of privatizing private utilities since it is only natural for private corporations to want to recover their costs.


                    [DatePublished] => 2001-03-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [AuthorName] => 
                    [SectionName] => Business
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Government eyes $125-M loan to finance Maynilad rehab

By Des Ferriols | April 6, 2005 - 12:00am

The Arroyo administration is eyeing a $125-million loan from the World Bank (WB) to finance the rehabilitation of the Maynilad Water Resources Inc. (Maynilad) after the government took over its concession from the...

Business

Palace warns water firm over payment suspension

By Marichu A. Villanueva | March 11, 2001 - 12:00am

Malacañang warned the Maynilad Water Resources Inc. yesterday against implementing its notice of force majeure to suspend payments of concession fees to the Metropolitan Waterways and Sewerage System (MWSS). Presidential...

Headlines

NEDA seen to back plea for increase in water rates

March 6, 2001 - 12:00am

The National Economic and Development Authority (NEDA) is likely to support the proposed increase in water rates in certain parts of Metro Manila and Cavite, saying that user charges should reflect the cost of investments...

Business