Manila Water loses bid to recover income tax from consumers

Posted at Mar 04 2015 10:59 PM | Updated as of Mar 05 2015 05:52 PM

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In January, Maynilad won an appeal from an arbitration panel, overruling a rate cut ordered by the MWSS, in lieu of a rate hike the concessionaire requested in 2013. That decision led many to believe Manila Water would get a similar ruling, when it appealed for its own rate hike request. But Alvin Elchico tells us, it didn't turn out that way. -- ANC Business Nightly, March 4, 2015