Tag: DOTr

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Marcos weighs transport aid as oil prices climb

President Ferdinand R. Marcos Jr. has ordered the Department of Transportation (DOTr) to study possible assistance for the transport sector and carefully review fare hike proposals as rising global oil prices threaten to push up commuting costs and fuel broader inflation.

Logistics reform targets costs, congestion, competitiveness

The government is seeking public feedback on a sweeping logistics reform that could reshape how goods move across the Philippines, tackling high shipping costs and chronic port congestion that have long weighed on businesses and supply chains.

Toyota Tamaraw wins DOTr certification as modern PUV

The Department of Transportation (DOTr) has officially granted the “Modern PUV Class 1” certification to the Toyota Tamaraw, a milestone in the Philippines’ public utility vehicle modernization program, Toyota Motor Philippines Corp. (TMP) president Masando Hashimoto announced.

Metro Manila cruise terminal plan gains momentum

The Philippine government and private sector are accelerating a joint push to position the country as a serious cruise tourism player, with plans for a dedicated cruise terminal in Metro Manila taking center stage.

DOTr cracks down on steep hikes in shipping rates

The Department of Transportation (DOTr) has warned domestic shipping lines against imposing steep passenger fare hikes, signaling tighter oversight from regulators led by the Maritime Industry Authority (MARINA).

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Pag-IBIG socialized housing loans jump 175%, 20,000 homes offered in Davao

Pag-IBIG Fund more than doubled its financing for socialized housing in the first 10 months of 2026, extending homeownership opportunities to low-income families as it brings more than 20,000 housing units to a two-day fair in 4PHDavao City.

GSIS net income rises 14% to P123B in 9M 2026

The Government Service Insurance System (GSIS) posted a net income of P123 billion in the first nine months of 2026, up 14 percent from P108 billion in the same period last year, putting the state pension fund on firmer ground to expand services and finance renewable energy programs for its members.

BSP keeps 3% credit card interest cap, raises installment and cash advance fee limits 

The Bangko Sentral ng Pilipinas (BSP) has maintained the 3.0-percent monthly ceiling on finance charges for unpaid credit card balances while raising the limits on installment add-on rates and cash advance processing fees.

SM Hotels expands events business with Conrad Manila rooftop venue

SM Hotels and Convention Centers (SMHCC) is adding a premium rooftop events venue at Conrad Manila, broadening its offerings for private celebrations and corporate gatherings as it builds out the Mall of Asia Complex as a destination for meetings and events.

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