Manila Water continued its strong performance for the first half of 2018, achieving net income growth of 10 percent from the previous year to reach P3.55 billion. This was mainly driven by the Manila Concession, supported by the contribution of international subsidiaries under Manila Water Asia Pacific (MWAP).

Boracay Island Water Company, Inc. (Boracay Water), the largest water supply and wastewater management services provider in Boracay, continues to accelerate its used water masterplan which has been approved by the Tourism Infrastructure Enterprise Zone Authority in 2017, along with rendering efforts in support of the drainage system rehabilitation to assist the multi-agency task force led by the Department of Environment and Natural Resources (DENR) responsible for leading the rehabilitation in the Island. 

Manila Water was among 10 publicly listed firms, of which eight are from the Ayala group, named as Top Performing Companies under the ASEAN Corporate Governance Scorecard in 2017.

Pursuant to the recommendation of the TIEZA Regulatory Office as approved by the TIEZA Board in its Resolution No. R-25-04-18-B dated April 25, 2018, effective 15 days after publication in two newspapers of general circulation, Boracay Island Water Company, Inc. (BIWC) shall implement the discontinuance of the 14.34% downward adjustment from the September 2015 Foreign Currency Differential Adjustment (FCDA), thus applying a 0.00% FCDA effective August 17, 2018.

The Boracay Foundation appealed to the Department of Environment and Natural Resources to reconsider its decision in reference to DENR Memorandum Circular No. 2018, 06 dated June 26, 2018, which requires establishments in the long beach area of Boracay to have its own Sewage Treatment Plant. (Manila Standard Today, 19 July 2018)