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GRAB Philippines maintained that its P2 per minute waiting time charge was legal, saying it will study its legal options regarding the Land Transportation Franchising and Regulatory Board (LTFRB) order that slapped a P10-million fine on the company for allegedly overcharging passengers.
THE GOVERNMENT launched a fuel subsidy program for public utility jeepneys (PUJs) on Wednesday, allocating a budget of P977 million for the project to cover the remaining months of 2018.
LAND BANK of the Philippines (Landbank) said it has approved loans for two transport groups to support their transition to modernized jeepneys.
THE Department of Public Works and Highways (DPWH) said it is set to begin construction on two China-funded bridges along the Pasig River next week.
THE LAND Transportation Franchising and Regulatory Board (LTFRB) has imposed a P10-million fine on Grab Philippines (MyTaxi.PH) for allegedly overcharging passengers over a ten-month period.
PRELIMINARY construction work for the connector road that will link the Metro Pacific group’s North Luzon Expressway (NLEx) and San Miguel Corp.’s South Luzon Expressway (SLEx) is expected to start by the fourth quarter of this year, Metro Pacific Tollways Corp. (MPTC) said.
THE LAND Transportation Franchising and Regulatory Board (LTFRB) said another fare hike for public utility jeepneys (PUJ) is still possible as hearings on the petition of five transport groups for a P2 increase continue.
THE Department of Transportation (DoTr) insisted that Chinese firm CRRC Dalian Co. should pay for the cost of any technical adjustments required to accommodate the 48 new trains for the Metro Rail Transit Line 3 (MRT-3).
AN INTERNET ADVOCACY group has expressed its support for a selection process favoring the highest committed level of service (HCLoS) to be committed by the new entrant to the telecommunications industry, the so-called “third player.”
MCKINSEY Global Institute (MGI) said “smart city” solutions may help resolve problems in managing urban development in Metro Manila.
CEBU AIR, Inc. is converting two of its ATR 72-500 passenger planes into freighter planes in order to take advantage of the growing demand from the logistics industry. In a statement, the listed operator of Cebu Pacific said it inked an agreement with Switzerland-based service provider IPR Conversions Ltd. to convert two of its ATR 72-500s.
INTERNATIONAL Container Terminal Services, Inc. (ICTSI) on Monday said its port concession in Ecuador has been given the go signal from the government to service larger vessels.
PHILIPPINE Airlines (PAL) is set to add domestic routes from its hub at the Clark International Airport this year, starting with the launch of Clark-Siargao flights on Saturday.
PLDT, INC. is looking to fire up its submarine cable link connecting the Philippines to three continents within the third quarter of the year.
THE Civil Aviation Authority of the Philippines (CAAP) said the expansion and rehabilitation of the Kalibo International Airport (KIA) in Aklan will start today.
THE Department of Information and Communications Technology (DICT) released on Friday another set of draft guidelines for the selection of the third major player in the telecommunications industry, this time proposing an auction of the frequency spectrums.
THE PHILIPPINES and Papua New Guinea now have expanded air entitlements, having signed an agreement to improve air connectivity on Thursday.
CEBU PACIFIC on Thursday said it will move its international flights to the Mactan Cebu International Airport (MCIA) Terminal 2 when it opens on July 1.
THE Department of Transportation (DoTr) has issued a new memorandum that will keep companies with pending cases against the government from bidding for any contracts.
THE Department of Public Works and Highways (DPWH) has opened on Tuesday a two-lane extension of the Laguna Lake Highway, formerly known as the C-6 Dike Road.
THE Securities and Exchange Commission (SEC) has issued a warning to the public against investing in Paysmart Ltd. Philippines, a company which claims to be involved in offshore trading of stocks.
THE PASSENGER terminal building at the Cagayan de Oro port is expected for completion on Dec. 15, the Department of Transportation (DoTr) said.
THE GOVERNMENT’S plan to install a national broadband network is on track to be rolled out in 2019 with the expected outlay now “roughly less than P20 billion” due to access to the backbone of the power grid.
THE PHILIPPINE Telegraph and Telephone Corp. (PT&T) on Thursday said it has paid the P7-million fine slapped by the Securities and Exchange Commission (SEC) for its failure to submit audited financial statements and annual reports, among others.
PLDT, Inc. said its enterprise business is on track to post double-digit revenue growth this year.
THE National Telecommunications Commission (NTC) is expected to come up with the new terms of reference governing the selection of the third entrant to the telecommunications industry, Department of Information and Communications Technology (DICT) acting secretary Eliseo M. Rio, Jr. told reporters.
THE Makati Regional Trial Court (RTC) has granted the joint motion filed by the Philippine Deposit Insurance Corp. (PDIC), LBC Express, Inc. and LBC Development Corp. to postpone the pre-trial to give time for the parties to discuss an amicable settlement.
GRAB Philippines (MyTaxi.PH) said on Tuesday it expects to spend over P100 million every month on a “fare-subsidy” scheme for its drivers, who are affected by the suspension of the P2 per minute waiting time charge.
THE Department of Transportation (DoTr) has issued the fare structure for the modernized public utility jeepneys (PUJs), setting a P10 charge for the first four kilometers and P2 for every kilometer thereafter.