{"id":330969,"date":"2024-12-18T22:56:56","date_gmt":"2024-12-18T14:56:56","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=330969"},"modified":"2024-12-18T22:56:59","modified_gmt":"2024-12-18T14:56:59","slug":"trade-the-news-ceb-to-boost-seat-capacity-by-up-to-26-in-2025-2","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/trade-the-news-ceb-to-boost-seat-capacity-by-up-to-26-in-2025-2\/","title":{"rendered":"Trade the News: MWC, Maynilad water bills to rise in 2025"},"content":{"rendered":"\n
Potential Impact of this News<\/strong><\/td>POSITIVE on the stock price<\/strong><\/td><\/tr>
Company<\/strong><\/td>Manila Water Co.<\/td><\/tr>
Stock Code<\/strong><\/td>MWC<\/td><\/tr>
Long-term Recommendation on the Stock<\/strong><\/td>Buy<\/td><\/tr>
1-Year Target Price<\/strong><\/td>PHP 33.12<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
<\/div>\n\n\n\n

Households can expect an increase in their water bills starting January 2025 as the Metropolitan Waterworks and Sewerage System (MWSS) announced new rates on Thursday, December 12.<\/p>\n\n\n\n

Both Manila Water Company Inc. (MWC) and Maynilad Water Services Inc. will raise rates for low-income and regular residential households, with MWSS approving proposals for the adjustments.<\/p>\n\n\n\n

During a press conference, MWSS explained the rate hikes were necessary as the water concessionaires had significantly spent for their projects aimed at improving services and preventing interruptions.<\/p>\n\n\n\n

This marks another rate hike by Manila Water, following the increase announced in October for the last quarter of 2024.<\/p>\n\n\n\n

Low-income households under the \u201clifeline rate\u201d will face a P2.87 increase in their monthly water bills, bringing the total to P91.40 for consuming 10 cubic meters of water or less.<\/p>\n\n\n\n

In comparison, regular residential households will face a P24.68 increase for a similar consumption level, with their monthly bills rising to P254.83 from P230.15 starting January 2025.<\/p>\n\n\n\n

This means that next year\u2019s water bills will be 10.72% more expensive than the current rates.<\/p>\n\n\n\n

Households consuming 20 cubic meters of water will experience a 10.77% increase, paying P54.79 more per month, raising their bill to P563.46.<\/p>\n\n\n\n

For households with a monthly consumption of 30 cubic meters, a 10.79% increase will be applied, raising their bills by P111.83 to P1,148.73.<\/p>\n\n\n\n

(News Source: Philippine Star<\/a>)<\/em><\/p>\n\n\n\n

<\/div>\n\n\n\n

This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Take advantage of the price opportunity that might arise when the news hits. Trade the news!<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1371],"tags":[],"class_list":["post-330969","post","type-post","status-publish","format-standard","hentry","category-trade-the-news","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=330969"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330969\/revisions"}],"predecessor-version":[{"id":330970,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/330969\/revisions\/330970"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=330969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=330969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=330969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}