MANILA - Maynilad and Manila Water have water deductions starting January 1, 2021.
Manila Water is worth P0.14 per cubic meter and Maynilad is P0.05 per cubic meter.
According to water concessionaires, this is due to the “foreign currency differential adjustment” or FCDA, as the peso strengthened against the US dollar and Japanese yen.
Just In!
Maynilad and Manila Water water charges will decrease due to the reduction caused by the FCDA or Foreign Currency Differential Adjustment.
The peso exchange rate strengthened against the US dollar and yen.
Here is the reduction starting Jan. 1, 2021:
Manila Water P0.14 / cu m
Maynilad P0.05 / cu m pic.twitter.com/tZQlTYYUpe- alvin elchico (@alvinelchico) December 2, 2020