MWSS approved Maynilad Water Services Inc.’s increase for the first quarter equivalent to P1.48 per cubic meter while that of Manila Water Co. Inc. is an increase of 64 centavos per cubic meter of its basic charge. “Based on the agreement, the two concessionaires are allowed to do annual inflation adjustment. We really need the inflation adjustment so they can continuously provide proper service to the public,” he added. Meanwhile, Manila Water customers who consume up to 10 cu.m. Adjusted rates for both Maynilad and Manila Water will be effective starting Jan. 1, 2019.

Source: Philippine Star December 14, 2018 16:00 UTC