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 […]