The Department of Transportation confirmed Tuesday that the Land Transportation Franchising and Regulatory Board has approved sweeping fare increases across public transportation, citing relentless fuel price hikes fueled by global geopolitical tensions.
Transport groups welcomed a long-awaited fare adjustment for ride-hailing services, saying it will ease mounting pressure on drivers grappling with rising fuel and maintenance costs.
Mitsubishi Motors Philippines Corp. has secured a spot among the country’s largest importers, ranking seventh on the Bureau of Customs’ Top 10 Importers list for 2025 after paying P13.19 billion in duties and taxes.
The Department of Transportation (DOTr) said the distribution of P5,000 cash subsidies for transport workers will start this week, beginning with tricycle drivers in Metro Manila before expanding to jeepney drivers and other sectors.