Monday, 08 December 2025, 9:48 pm

    Tag: DOTr

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    MPIC rules out resubmitting MRT3 proposal due fare hike delays

    Metro Pacific Investments Corp. (MPIC) has decided against resubmitting its unsolicited bid to rehabilitate, operate, and maintain the MRT3 system, citing the lack of government support for fare increases. MPIC chairman Manuel V. Pangilinan explained the absence of approved tariffs makes it unlikely for the business to move forward with the proposal, saying the current situation is “difficult.”

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    DOE eyes ports ready for offshore wind by 2027

    The Department of Energy (DOE) says two of three priority ports identified for offshore wind (OSW) development could be ready for use by early 2027.

    DOTr extends train services for Christmas season rush

    The Department of Transportation announced Monday that the LRT-2 will extend its operating hours from December 9 to 30 to accommodate late-night commuters during the holiday rush, following President Ferdinand Marcos Jr.’s directive to keep rail lines open longer this Christmas season. 

    Gasoline prices to rise by P1.20 per liter on Tuesday

    Motorists will pay more for gasoline starting Tuesday, as major fuel retailers raise pump prices by P1.20 per liter.

    SEC proposes tiered public ownership rules for IPOs

    The Securities and Exchange Commission (SEC) is proposing a new tiered system for minimum public ownership (MPO) requirements for companies planning to go public.

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