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Grab: P2 per minute charge is legal

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.

Fuel subsidy debit cards for jeepney drivers issued today

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.

Landbank approves two loans for jeepney modernization with co-ops

LAND BANK of the Philippines (Landbank) said it has approved loans for two transport groups to support their transition to modernized jeepneys.

Two Pasig River bridges to start construction next week

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.

Grab slapped with P10-M fine for overcharging passengers

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.

DPWH says finalizing approval of CTBEx

THE Department of Public Works and Highways (DPWH) is looking to grant “very soon” the original proponent status (OPS) to the Metro Pacific group for its proposal to build a Cavite-Tagaytay-Batangas Expressway (CTBEx).

Preliminary work on NLEx-SLEx connector road to start by Q4

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.

Another round of jeepney fare hike still possible — LTFRB

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.

DoTr: China’s Dalian should pay for technical adjustments on MRT trains

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).

Advocacy group backs ‘third player’ selection based on highest level of...

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.”

Metro Manila seen benefiting from ‘smart city’ tech — McKinsey

MCKINSEY Global Institute (MGI) said “smart city” solutions may help resolve problems in managing urban development in Metro Manila.

MPTC starts work on Cebu-Cordova expressway

CEBU CITY — A Metro Pacific Tollways Corp. (MPTC) unit began on Thursday the construction of a toll bridge that will connect Mactan island to mainland Cebu.

Tugade: No decision yet on Dalian trains for MRT

THE Department of Transportation (DoTr) on Wednesday said the independent audit of the Metro Rail Transit Line 3 (MRT-3) has been completed, but no decision has been made regarding the new train cars from China.

Hirna adds new features to app

TAXI-HAILING firm Hirna Mobility Solutions, Inc. is adding new features to its mobile app, one of which would allow passengers to book bigger vehicles.

Record volume seen at South Harbor in 1st half

ASIAN Terminals, Inc. (ATI) said Manila South Harbor, which it manages, recorded its highest midyear container volume during the first half of 2018.

Cebu Pacific expands cargo operations

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.

Cebu Pacific sells majority stake in 1Aviation

CEBU AIR, Inc., the listed operator of Cebu Pacific, on Monday said it sold its majority stake in its ground-handling service subsidiary.

ICTSI says Ecuador port cleared to handle mega vessels

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.

PAL to mount additional domestic routes from Clark

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.

Micab gets P3-M research grant from DoST

RIDE-HAILING company Micab Systems Corp. has received a P3-million research grant from the Department of Science and Technology (DoST) to develop a ridership engine that would be integrated in its mobile app.

PLDT’s int’l submarine cable link to be switched on within 3rd...

PLDT, INC. is looking to fire up its submarine cable link connecting the Philippines to three continents within the third quarter of the year.

Kalibo International Airport rehabilitation starts

THE Civil Aviation Authority of the Philippines (CAAP) said the expansion and rehabilitation of the Kalibo International Airport (KIA) in Aklan will start today.

New draft rules propose auction of frequencies for 3rd telco player

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.

LTFRB accredits new TNC E-Pick Me Up

THE Land Transportation Franchising and Regulatory Board (LTFRB) confirmed that it accredited a new transport network company (TNC) on Thursday.

Velasquez takes over PT&T

PHILIPPINE Telegraph and Telephone Corp. (PT&T) has formalized the election and appointment of James G. Velasquez as the company’s new president and chief executive officer, replacing Benjamin M. Bitanga.

Philippines, Papua New Guinea increase air entitlements

THE PHILIPPINES and Papua New Guinea now have expanded air entitlements, having signed an agreement to improve air connectivity on Thursday.

LBC acquires 4 cargo, remittance firms

LBC EXPRESS Holdings, Inc. (LBC) on Thursday said it is acquiring four remittance and cargo companies, which offer LBC services in Australia and Singapore.

Cebu Pacific to move int’l flights to MCIA Terminal 2

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.

Transportation dep’t to disqualify bidders with pending gov’t cases

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.

Grab appeals P2 per minute charge anew

GRAB PHILIPPINES (MyTaxi.PH) again urged the Land Transportation Franchising and Regulatory Board (LTFRB) to allow it to impose a P2 per minute charge, as the regulator conducted its third hearing on the issue on Tuesday.

DPWH opens 700-meter section of Laguna Lake Highway extension

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.

SEC warns public against investing in Paysmart Ltd. PHL

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.

Owto says app’s security features give it an edge

A TRANSPORT network company (TNC) is hoping to grab market share from ride-hailing giant Grab Philippines, saying its app’s new security features give it an edge.

DoTr sets date for LRT-1 fare hike consultation

THE Department of Transportation (DoTr) said it has set an initial date for the public consultation on the fare hike appeal of Light Rail Transit Line 1 (LRT-1).

Transportation dep’t sees Cagayan de Oro port terminal opening in December

THE PASSENGER terminal building at the Cagayan de Oro port is expected for completion on Dec. 15, the Department of Transportation (DoTr) said.

DICT estimates outlay for national broadband at under P20 billion

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.

PT&T settles P7-M SEC fine for failure to comply with reportorial...

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 Enterprise on track for double-digit revenue growth

PLDT, Inc. said its enterprise business is on track to post double-digit revenue growth this year.

New 3rd player selection terms expected in two weeks

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.

LBC, PDIC seek amicable settlement of case

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.

AirTrav launches flights to Clark, Puerto Galera

AIRTRAV Corp. (AirTrav PH), a local company that offers air charter services, has started flying its new sea plane from Manila to Clark and Puerto Galera.

Grab PHL to spend P100 million monthly on driver subsidies

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.

New features added to Sakay.ph mobile application

SAKAY.PH is launching its redesigned mobile application to include the latest transportation developments and new features designed to make it easier for commuters to travel within Metro Manila.

Work on LRT-1 Cavite extension to start in Oct.

LIGHT RAIL Transit Line 1 (LRT-1) operator Light Rail Manila Corp. (LRMC) said it expects to begin the construction of the first phase of the Cavite extension project by October.

Gov’t sets P10 minimum fare for modernized jeepneys

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.