Maynilad passes on forex gains to customers
Customers of West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) will enjoy a significant reduction in their water charges beginning July 6 until December 31 this year, after the water company refinanced over US$120 million worth of loans. Maynilad gained ₱978 million from the refinancing transaction, which will result in a rate adjustment of ₱4.96 … Read more