Going beyond domestic shores and into ASEAN, MWAP
continues to post strong performance, with an 82 percent increase in equity share in net income of associates to P514 million.
units saw operating expenses increase to P44 million, mainly due to interest expense for loans used to finance recent acquisitions.
Also under MWAP
are Saigon Water Infrastructure Corp., a holding company listed on the Ho Chi Minh City Stock Exchange, Cu Chi Water Supply Sewerage Co.
) holds the international ventures of the company.
Metal Workers Alliance of the Philippines (MWAP
) National President Reden Alcantara has called on DoLE to abolish its Department Order 57-04 or Guidelines on the Effective Implementation of labor Standards Enforcement Framework, which enables companies with at least 200 workers to voluntarily report its occupational safety and health standards violation.
Last week, the Kilos Na Manggagawa, Metal Workers' Alliance of the Philippines (MWAP
) and the BPO Industry Employees Network (BIEN) petitioned for a P213 minimum-wage hike in NCR.
The international subsidiaries under Manila Water Asia Pacific (MWAP
) saw a 26-percent increase in equity share in the net income of associates.