Category: Regions

Approval of water privatization deal in Bacolod ‘hurried,’ ‘without proper study’ – GM

The joint venture, says the BEU and others against the joint venture, would turn water from a natural resource to a profit-generating commodity, to the detriment of consumers. For starters, the union says, a 12 percent value-added tax will be automatically tacked onto water bills once the deal is closed.