foreign currency differential adjustment

Tag: foreign currency differential adjustment

Water companies to increase rates in April

February 28, 2017

QUEZON City, Philippines (Eagle News)- Maynilad and Manila Water Co., will increase their water rates in April. According to Metropolitan Waterworks and Sewerage System (MWSS) Chief Regulator Joey Yu, the increase is due to the foreign currency differential adjustment or FCDA. https://youtu.be/vHkGp53wTSw

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Singil sa tubig at kuryente, tataas ngayong Abril

April 8, 2016

(Eagle News) — Mararamdaman din ngayong buwan ang dagdag singil sa tubig kasunod ng anunsyo ng Meralco ng dagdag singil sa kuryente. Ito ay dahil sa Foreign Currency Differential Adjustment o FCDA kasunod ng bahagyang pagsadsad ng halaga ng piso. Dagdag na eleven (P0.11) centavos kada cubic meter ang ipapatupad ng Manila Water Corporation habang five (P0.5) centavos naman sa Maynilad. Ang FCDA ay tariff mechanism na ibibinigay sa utility companies para maka-agapay sa paggalaw […]

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Maynilad to adjust water rates next month

September 15, 2015

MANILA, Philippines, September 15 (Eagle News) — In an advisory, West Zone concessionaire Maynilad Water Services Inc. announced on Monday (September 15) that there will be a slight increase in its rate that will reflect in October billings. Said water rate hike was due to higher foreign currency differential adjustment (FCDA). FCDA is a tariff mechanism based on foreign exchange rate movements in loan payments of water concessionaires for a given year, and expressed as […]

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