HONG KONG — Metro Pacific Investments Corp. (MPIC) may hold off on its planned divestment from Light Rail Manila Corp. (LRMC) after the government immediately opened talks to address its obligations to the company. LRMC President and Chief Executive Officer Enrico Benipayo told MPIC Chairman...
Metro Pacific Investments Corp. (MPIC) is considering selling its stake in the private operator of the Light Rail Transit Line 1 (LRT-1) as losses continue to mount, according to business titan Manuel V. Pangilinan. “We continue to lose money on LRT-1, and I think we’re considering selling...
Aboitiz-led Davao Light and Power Company (DLPC) is planning a ₱1 billion capital expenditure (CAPEX) budget for next year, a figure that could double to ₱2 billion once its franchise area expands across the Davao Region. Enriczar Tia, DavaoLight president and chief operating officer, said the...
The Department of Transportation (DOTr) is in talks with the private operator of the Light Rail Transit Line 1 (LRT-1) to complete the construction of the long-delayed common station linking Metro Manila’s railways. Transportation Undersecretary Timothy John Batan said Light Rail Manila Corp....
The Department of Transportation (DOTr) has ordered Light Rail Manila Corp. (LRMC) to compensate passengers who were injured following an escalator malfunction at FPJ Station of Light Rail Transit Line 1 (LRT-1). In a statement, Transportation Secretary Vince Dizon reminded LRMC to uphold the...
CEBU — Top Line Business Development Corp. aims to have at least 50 operation service stations by the end of the year as it continues to aggressively expand the footprint of fuel retail subsidiary Light Fuels Corp. Durig the firm’s annual stockholders’ meeting, Top Line Chairman, President,...
Visayas fuel distributor Top Line Business Development Corporation, through subsidiary Light Fuels Corporation, is acquiring the gasoline station of Phoenix Petroleum Philippines, Inc. in Cebu. In a disclosure to the Philippine Stock Exchange, Top Line said its board of directors has unanimously...
The Department of Transportation (DOTr) is targeting to start the privatization of the operations and maintenance (O&M) of Light Rail Transit Line 2 (LRT-2) before the year ends, as the government eyes further improvements to the rail line. Transportation Secretary Vince Dizon said the agency has...
Students using Metro Manila’s rail systems will now be paying half of the original fare following the Department of Transportation’s (DOTr) move to raise the student discount to 50 percent from 20 percent. Coinciding with the opening of classes, students can now avail of the smaller fare across...
The Department of Transportation (DOTr) is looking for an additional ₱3 billion in its budget next year to build an additional station in Bacoor, Cavite as part of the Cavite Extension project of the Light Rail Transit Line 1 (LRT-1). Transportation Secretary Vince Dizon said his agency has...
The aid agency Japan International Cooperation Agency (JICA) is ramping up its support for Light Rail Manila Corp. (LRMC) through a new technical assistance project aimed at improving the energy efficiency of Light Rail Transit Line 1 (LRT-1). Formalized on April 24, 2025, through an exchange of...
Students and business owners in Barangay Malabog, Davao City are able to progress as accessible electric power finally reaches their homes and establishments. Mitch Balbuena, 14, dreams of being a teacher but initially found it hard to focus on her studies, relying on intermittent power from solar...
