LTFRB yields some and agrees to lift some items off PUVMP mandate
The Land Transportation Franchising and Regulatory Board (LTFRB) has agreed to ease some of the terms under which the non-negotiable mandate for transport operators and drivers to consolidate as cooperatives or corporations under the Public Utility Vehicle Modernization Program (PUVMP) has to happen as scheduled.
Globe’s P4.1 billion nine-month revenue betrays initial success of techo transit
Globe Telecom Inc. on Friday bared posting non-telco revenue of P4.1 billion over nine months when it started operating as a techo rather than as telco.
Passenger surge 2.5 million strong forecast at PITX over two weeks
The Paranaque Integrated Terminal Exchange (PITX) on Friday projected handling an estimated 2.6 million passengers during the upcoming Christmas rush.
DOF converts $11.13B World Bank loans to fixed rate; may save $125M in 2024
The Department of Finance said Friday the Bureau of the Treasury has converted to fixed interest rate from floating rate a total USD11.13 billion...
SSI unit forms joint venture with PRADA for local stores
Stores Specialists, Inc., a wholly-owned subsidiary of listed SSI Group Inc., has taken a 40 percent stake in PRADA Philippines Inc., a joint venture...
