Tag: DOTr

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DOTr terminates OTS staff over alleged ‘Tanim-Bala’ incident at NAIA

Transport & Logistics Context.ph Context.ph -
The Department of Transportation (DOTr) has dismissed three personnel from the Office of Transportation Security (OTS) over their alleged involvement in the "tanim-bala" or bullet-planting incident at the Ninoy Aquino International Airport (NAIA) on 6 March.

EDSA Busway timers improve traffic flow, DOTr reports

Transport & Logistics Context.ph Context.ph -
The Department of Transportation (DOTr) on Friday announced that 90 percent of the 45-second timers at EDSA Busway stations are now fully operational, a significant step towards improving bus flow and reducing traffic congestion.

DOTr terminating contract with Grand Central Station contractor over delays

Transport & Logistics Context.ph Context.ph -
The Department of Transportation (DOTr) has announced that it will terminate its contract with the BF Corp. and Foresight Development and Surveying Co. (BFC-FDSC) for the long-delayed Unified Grand Central Station (Common Station) project due to continued and unacceptable delays.

Abusive Bohol LTO personnel get the ax, trigger policy review

Transport & Logistics Context.ph Context.ph -
In a swift response to an incident in Panglao, Bohol, Transportation Secretary Vince Dizon on Monday announced the dismissal of five Land Transportation Office (LTO) personnel involved in manhandling a rider on Friday.

MPIC rules out resubmitting MRT3 proposal due fare hike delays

Transport & Logistics Context.ph Context.ph -
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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OceanaGold sets aside P768.43M for Didipio mine rehabilitation and decommissioning

Energy & Mining 0
OceanaGold Philippines Inc. (OGPI) has allocated P768.43 million under its Final Mine Rehabilitation and Decommissioning Plan (FMRDP) for the Didipio gold and copper mine that spans Nueva Vizcaya and Quirino provinces. In a statement released Sunday, the listed mining firm confirmed that P551.4 million has already been placed in a trust fund. The company said the fund will keep growing in line with required annual contributions as it moves forward with rehabilitation and closure preparations while the mine remains active.

ERC approves provisional FIT-All rate hike to P0.3359 Per kWh

Energy & Mining 0
The Energy Regulatory Commission (ERC) has granted the National Transmission Corporation (TransCo) provisional authority to collect a higher Feed-in Tariff Allowance (FIT-All) rate starting this month. The rate will rise to P0.3359 per kilowatt-hour (kWh) from the existing P0.2011 per kWh, marking an increase of P0.1348 per kWh. This adjustment covers the approved working capital allowance (WCA) rate update.

Meralco backs ERC-ordered P9.5B consumer refund program

Energy & Mining 0
Listed Manila Electric Co., the country’s largest power distributor and better known as Meralco, on Sunday said it will immediately comply with the Energy Regulatory Commission's (ERC) directive to refund about P9.5 billion to customers, backing the government's push to deliver quicker and more transparent electricity bill relief.

PCCI says power bill relief must lead to deeper energy reforms

Energy & Mining 0
The Philippine Chamber of Commerce and Industry (PCCI) said the government's plan to scrap systems loss charges and the value-added tax (VAT) on electricity bills should serve as a springboard for broader reforms aimed at lowering power costs and improving the country's investment competitiveness.

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