Manila Water to Adjust Rates at Boracay Water
The Tourism Infrastructure and Enterprise Zone Authority-Regulatory Office (TIEZA-RO) has approved the implementation of the second of three (3) tranches of new water rates of the Boracay Island Water Company Inc., a subsidiary of Manila Water Philippine Ventures Inc. (MWPV). MWPV is a wholly-owned subsidiary of Manila Water Company Inc. (PSE: MWC).
The new rates will be effective fifteen (15) days after its publication in two (2) newspapers of general circulation and the filing of a copy thereof with the University of the Philippines Law Center.