Philippine Rating Services Corporation (PhilRatings) has maintained its rating of PRS Aa minus for Tranche 3 of MRT Funding Corporation’s Asset-Backed Notes, with a stable outlook. The Asset-Backed Notes issue is a securitization of future dividends from Metro Rail Transit Corporation...
ILOILO CITY — Sweden is financing the feasibility study for the proposed bus rapid transit system in Metro Iloilo.VICE Mayor Jeffrey Ganzon (right) with Ambassador Harald Fries of Sweden (center) and Trade Commissioner Johan Lennefalk. (Iloilo City PIO)Ambassador Harald Fries of Sweden and...
CEBU CITY — Four siblings embroiled in an intense inheritance battle have been ordered by the Court of Appeals based here to surrender several titles and documents deemed by the lower court as essential evidence in a criminal case.The 20th Division of the Court of Appeals on July 30...
The MRT-3 (DOTr) Good news for commuters. Some P2.56 billion will be poured into the ongoing rehabilitation of the Metro Rail Transit Line 3 (MRT-3), said Quezon City 4th district Rep. Marvin Rillo said in a statement on Sunday, Sept....
Robinsons Land Corporation (RLC) has expanded the gross floor area of Robinsons Metro East by 4,000 square meters with the opening of The Link which connects the mall to the The Pasig-Marikina Station of the Light Rail Transit Line 2 (LRT-2).In a statement, the firm said it has formalized the...
February, while it is the shortest of all the months in the calendar, has so many events. There’s the celebration of the Lunar New Year. Locally, the month is observed as National Arts Month. But for many, it is Love Month, with Feb. 14 being its special day dedicated to romance. Lovers everywhere...
(photo: DOTr) Davao City will soon have its own bus rapid system following the signing of four agreements that will pave...
CEBU CITY – Mindanao Star Bus Transit Inc. (MSBTI) has expressed commitment to support the economic growth of Central Mindanao by boosting passenger mobility and transportation of agricultural products.BOARD members of Mindanao Star Bus Transit Inc. commit support to the economic growth of Central...
ILOILO CITY – The Department of Social Welfare and Development (DSWD)-6 has released cash aid to survivors of the Antique bus tragedy on Tuesday, December 5.A STAFF of the Department of Social Welfare and Development (DSWD)-6 talks to a survivor of the Antique bus tragedy. (DSWD-6 PIO)DSWD-6...
BACOLOD CITY – The management of Vallacar Transit Inc. (VTI) is now processing the necessary documents in compliance with the requirements of the 90-day preventive suspension issued by the Land Transportation Franchising and Regulatory Board (LTFRB) on Wednesday, December 6, in connection...
Light Rail Manila Corporation (LRMC), the private operator of Light Rail Transit Line 1 (LRT-1), has begun pilot testing special QR and beep lanes to help reduce long queues in its stations.The new lanes were implemented at select LRT-1 station on Dec. 7, including EDSA, Libertad, Quirino,...
San Miguel Corporation (SMC) reported that 74 railway professionals under the cadetship program of its Metro Rail Transit-7 (MRT-7) project recently completed their mandatory training under the Philippine Railways Institute (PRI).The firm said in a statement that this training program is a vital...
