MANILA, Philippines (The Adobo Chronicles, Manila Bureau) -What will Manila Water and Maynilad do with a total of P10.8 Billion awarded to them by the Permanent Court of Arbitration (PCA)?
Invest in more water!
PCA has ordered the Philippine national government to pay the Ayala-owned Manila Water P7.4 Billion and Manny Pangilinan’s Maynilad P3.4 Billion for losses the two water concessionaires incurred due to rejected water hikes back in 2015.
In a joint statement issued today, the two firms announced they will invest their award in bottled water. “We always like to invest our money in more profitable ventures,” the statement said.
The bottled water — bearing the brand Manila Water and Maynilad — will be available to consumers starting this December, but only in Ayala Malls nationwide.
SM Malls have their own bottled water distributed under their Bonus brand.
MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – President Rodrigo Duterte has vowed to block the renewal of the broadcasting franchise of the ABS-CBN Network which expires in March of next year.
MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Self-identified investigative journalist Raissa Robles has categorically denied a social media post attributed to her in which she supposedly described the Philippine’s haul of gold medals at the ongoing SEA Games as “luto” (cooked, implying it was rigged).
The Adobo Chronicles 
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