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Manila Water posts P3.7B net income in ’21
March 1, 2022 5:53 p.m.
Manila Water posted consolidated earnings of ₱3.7 billion for 2021, 18% lower than the previous year as the full-year effect of the COVID-19 pandemic impacted customer demand and business operations, even as domestic and international operations outside the East Zone Concession showed improved performance.
Despite the challenges, including an ongoing tariff freeze, the Company pushed through with its projects to ensure prudent compliance to regulatory and service commitments, with group CAPEX at nearly ₱17 billion for the year.
On a group level, revenues declined 4% to ₱20.3 billion due to lower billed volume across all segments in the East Zone Concession and in several domestic subsidiaries, with the full-year impact of COVID-19 restrictions significantly affecting customer consumption.
Cost and expenses for the period stood at ₱9.2 billion in 2021, up 7% from last year, as business and operating activities ramped up coming from restrictions imposed under the Enhanced Community Quarantines (ECQ) in 2020.
This increase was partially offset by lower power and chemical costs in line with lower production during the period.
For its operations in the East Zone Concession, 2021 saw revenues decline by 6% to ₱9.2 billion, mainly driven by 4% decline in billed volume.
Meanwhile, cost and expenses rose by 11% to ₱5.5 billion for the period, driven by the resumption of repairs and maintenance, collection, connection, and sanitation activities with the relative easing of ECQ restrictions from the previous year.
These activities are in compliance with increasing service obligations in the East Zone Concession, even as it continues to operate under a tariff freeze on implementing approved adjustments.
Despite the challenges posed by ECQ restrictions on project execution, the East Zone Concession continued with its capital expenditure program, consequently posting nearly ₱14.0 billion worth of projects for the year.
Said projects focus on water supply, network reliability and wastewater expansion in line with the fulfillment of service obligations under its Service Improvement Plan.
Some notable projects are the East Bay Project which will provide an additional 50 million liters per day (mld) of water supply to customers by extracting water from Laguna Lake. Furthermore, the Wawa Calawis project will provide total additional supply of 518 mld, with 80 mld already available by end 2022.
These projects will further augment available water supply to East Zone Concession customers and ensure reliable water service, with continued collaboration with key government agencies MWSS, NWRB and NIA. East Zone Concession customers currently continue to experience 24×7 water supply but the growing demand will require investments in additional infrastructure.
Looking at the businesses outside the East Zone Concession, Manila Water Philippine Ventures (MWPV) saw improvement in profitability with the good performance of its North Luzon and Central Luzon clusters. Specifically, MWPV’s Laguna Water saw a 2% growth in billed volume, driven by the increase in consumption with the energization of its Laguna Wellfield.
For Manila Water Asia Pacific (MWAP), equity share in net income of associates more than doubled in 2021, with improved performance from East Water in Thailand, as well as by bulk water supply operations of Thu Duc Water and Kenh Dong Water in Vietnam.
Lastly, 2021 marked key wins for Manila Water for both its domestic and international businesses. For MWPV, it secured a 200 mld bulk water supply contract for the Province of Pangasinan.
This ₱8.0 billion, 25-year project will provide bulk water supply to over 1.3 million customers in the province.
For MWAP, 2021 signaled the entry of Manila Water in the Middle East market as it successfully closed two Management, Operations and Maintenance (MOM) contracts with the National Water Company in the Kingdom of Saudi Arabia for its Northwest and Eastern clusters, respectively. These MOM contracts are in line with the Kingdom of Saudi Arabia’s long-term plan towards a public-private partnership for its water utility.
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Tesla Cybertruck winner bought 10 units of HONOR X9d 5G
2:56 p.m. April 21, 2026
Global leading AI device brand HONOR handed over the coveted Tesla Cybertruck to the winner of the HONOR X9d 5G “Win A Tesla Cybertruck” promo that ran during the toughest phone’s pre-order period January 9 to 23, 2026.
“The HONOR X9d 5G is our biggest win this year, and it continues to stand out in its category with its ultra-tough build, engineered to withstand everyday drops and pressure, making it a reliable companion for users with active lifestyles. This awarding marked a milestone not only for us, but also to our growing community of Filipino fans,” said HONOR Philippines Vice President Stephen Cheng.
Launched as part of HONOR’s effort to bring excitement to the Filipino market, the HONOR X9d 5G Win-A-Tesla Cybertruck promo captured nationwide attention, drawing strong participation from consumers eager to experience the smartphone’s exceptional durability, long-lasting battery life, and sleek design—while also getting a chance to win a once-in-a-lifetime prize.
The much-anticipated turnover celebrated excitement and the rewarding experience that HONOR continues to bring to its consumers. The grand winner, Lorelyn Felonia, who purchased 10 pieces of HONOR X9d 5G during the promo period, drove home not just a powerful smartphone but also one of the rarest vehicles in the world.
To award the multi-million prize were HONOR Philippines Country Manager Sean Yuan, Digital Marketing Manager and Content Lead Eason De Guzman.
With the successful conclusion of the campaign, HONOR Philippines looks forward to launching more exciting initiatives that combine cutting-edge technology with equally compelling rewards to its loyal HONOR fans.
To learn more about this exciting news, visit HONOR’s website www.hihonor.com, and follow HONOR Philippines on Facebook (Facebook.com/HonorPhilippines), Instagram (Instagram.com/honorph/) and TikTok: (Tiktok.com/@honorphilippines) for exclusive teasers, launch updates, and big reveal.
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#GCashTipidTips: DOTr-mandated 50% discounted MRT-3 fares can be availed via GCash
6:15 p.m. April 18, 2026
STARTING April 23, the Department of Transportation (DOTr) has implemented a discounted fare matrix for single-journey tickets, stored-value cards, and cashless payments in response to rising consumer prices.
Passengers of Metro Rail Transit Line 3 (MRT-3) can easily avail of the discounted fare via the GCash app by using the GCash Commute QR, NFC-enabled Android phone, or GCash Visa card. Commuters can skip the ticketing booth lines and go directly to the platforms, making travel more convenient and seamless.
The GCash payment schemes have been up and running at MRT-3 since July last year, providing commuters with cashless options for their daily travels.
The goal is simple: to make everyday transactions more affordable, accessible, and seamless for Filipinos.
For more information, please visit https://help.gcash.com/hc/en-us/articles/49102305024025-Can-I-use-GCash-for-transportation
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DigiPlus levels up user engagement with ArenaPlus’ P1B Prediction Giveaway
5:10 p.m. April 7, 2026
DigiPlus Interactive Corp., the country’s pioneer and leader in digital entertainment, through its flagship sportsbook platform ArenaPlus, formally launched its P1 Billion Prediction Giveaway last Saturday, March 21, heralding a major step-up in its customer acquisition and retention strategy.
This initiative is anchored by a high-stakes prediction challenge designed to invite new users onto ArenaPlus, while also deepening player participation and reinforcing brand leadership in the Philippine online sportsbook space. Central to this campaign is the introduction of a localized tournament bracket game—a staple in American sports culture that ArenaPlus is pioneering for the local market.
“We want to bring some excitement for the Filipino basketball fans, especially since we know that the NBA is the most popular sport here. The bracket game is actually very common in the US. It’s been running there constantly for years, but the Philippines has never had that experience. We want to bring that here,” said ArenaPlus Head Erick Su.
By offering the ₱1 Billion Prediction Giveaway as a free-to-play initiative, DigiPlus enables fans to engage in the tournament without any monetary commitment. Su emphasized that the campaign is designed to provide a safe, entertainment-led experience, with the bracket format sustaining interest from the opening round of the Playoffs through the Finals, where one team ultimately prevails.
“I think the excitement will be from beginning to the end. Because the bracket game covers the whole stage of the Playoffs, fans can expand their predictions and go along with the whole process and expect that they can win,” Su said. “So that’s going to bring a lot of excitement. And this is completely free and very safe as we want to entertain Filipinos.”
Amplifying the campaign that launched at Mall of Asia Sky Deck Amphitheater in Pasay City was premier host and actor Luis “Lucky” Manzano, who was also introduced as ArenaPlus’ latest brand ambassador. Joining Manzano were fellow endorsers Gilas Pilipinas naturalized player Justin Brownlee, multi-time champion assistant coach Bong Ravena, and his son, international pro Thirdy, who are effectively raising ArenaPlus’ visibility while also broadening the brand’s demographic reach.
“At ArenaPlus, we are relentless with our commitment to elevate our players’ experience, making sports more fulfilling, more immersive, and more rewarding for every Filipino,” said ArenaPlus Marketing Head Hannah Bagui as ArenaPlus continues to differentiate itself by pioneering accessible digital sports entertainment.
While the campaign is designed to drive wide participation, ArenaPlus emphasized that it intends to maintain strict platform integrity through its rigorous eKYC (electronic Know Your Customer) process. Such a guardrail bolsters an already rich suite of responsible gaming tools built into ArenaPlus, such as options to set daily gaming durations, customize specific gaming schedules, and establish daily loss limits. This ensures that while the campaign achieves great reach, it does so within a secure, transparent, and compliant environment that builds trust.
Through these strategic customer activations and continuous platform innovation, DigiPlus Interactive Corp. continues to solidify its legacy as the definitive pioneer of the Philippine digital entertainment industry, driving growth while also redefining user engagement

