MWSS raises 2019 water rateshome/News/Top Stories/MWSS raises 2019 water ratesTHE Metropolitan Waterworks and Sewerage System (MWSS) has approved an increase in water rates of the Manila Water Co. Inc. and Maynilad Water Services Inc. effective in 2019. for foreign currency differential adjustment (FCDA), equivalent to a net increase of 64 centavos per cu.m. The MWSS board also approved for Maynilad an increase of P1.95 per cu.m. Ty said the agency based its latest water rate hikes on the 5.7-percent inflation rate recorded in July. Manila Water and Maynilad are entitled to the annual inflation adjustments under the concession agreement they signed with the MWSS.
Source: Manila Times December 14, 2018 16:52 UTC