The Metro Rail Transit (MRT 3) is not for sale, the Department of Transportation (DOTr) categorically stated Wednesday, November 9. “Railway systems should remain the most affordable and safest mode of mass transit in the country,” Transportation Secretary Jaime J. Bautista stressed. However,...
The Department of Social Welfare and Development (DSWD) and local government units in Northern Luzon and the National Capital Region (NCR) so far released P1,113,000,466 worth of assistance for families affected by severe tropical storm Florita. (DSWD / Manila Bulletin) In a press briefing on...
Camarines Sur 2nd district Rep. LRay Villafuerte has welcomed the Department of Budget and Management (DBM)’s "timely release" of P1.4 billion for the continued implementation of the "libreng sakay" or free rides program until the end of December 2022. Camarines Sur 2nd district Rep. LRay...
GT Capital Holdings, Inc., the investment arm of the Ty family, reported a 39 percent growth in its core net income to P8.1 billion for the first half of 2022 from P5.8 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the conglomerate said its consolidated net...
The Department of Transportation (DOTr) is "open to other sources of funding" although Transport Secretary Jaime J. Bautista has recently agreed to re-negotiate Chinese financing for major transport projects. "We are not limiting our options to China. We want to have different options. We are also...
The Department of Transportation (DOTr) will rebid the rehabilitation of the Ninoy Aquino International Airport (NAIA) within the year. "We will invite the private sector to revisit the possibility of doing a Public Private Partnership (PPP) for NAIA. Maybe, Megawide and the super consortium can...
The Department of Transportation revealed Friday, August 5, new railway officials who were appointed by President Ferdinand Marcos Jr. to lead the Philippine National Railways (PNR) and the Light Rail Transit Authority (LRTA). Department of Transportation (DOTr) Sec. Jaime Bautista (right)...
Department of Transportation (DOTr) Secretary Jaime J. Bautista this Thursday ( August 4) inaugurated the Roxas Boulevard and Taft Busway Stations of the P77,738,390 EDSA Busway Project, which were completed just a couple of days ago. The EDSA Busway Project is a joint undertaking of the DOTr, the...
The Office of the Vice President (OVP) on Wednesday, Aug. 3, launched its “Libreng Sakay” program to help commuters in Manila and key cities in Visayas and Mindanao and decongest the roads during peak hours. DOTr Secretary Jaime Bautista (left) and VP Sara Duterte (right) during the launch of...
Union Bank of the Philippines reported a 27 percent drop in net income to P6.1 billion for the first six months of 2022 due to extraordinary trading gains recorded in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said its net revenues, excluding trading...
SENIOR BYAHERO By Joseph Bautista During my university years, I envied my classmates who traveled long distance just to study in Manila. Especially a classmate who came from Bicol, and he would tell stories of coming to Manila on a train that took almost a day. He would tell us stories of trains...
Department of Transportation (DOTr) Secretary Jaime J. Bautista stated he "feels challenged" by President Ferdinand Marcos Jr.'s marching order during the State of the Nation Address (SONA) to modernize the country's transport facilities and upgrade local airports. The Transport chief vowed to...
