REICELENE JOY IGNACIO

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The Land Transportation Franchising and Regulatory Board has increased the taxi flag down rate to P40 from P35. The agency also imposed an additional payment of P13.50 for every additional kilometer, and P2 for every minute during travel time. The present charge is P3.50 per 300 meters and P3.50 per…

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JAPANESE multinational company Hitachi said it was considering opening a rail office in the Philippines as part of its expansion plans. “We have so many offices here, but we do not have one specifically for rails,” Hitachi Asia Ltd Corporate Communications Group General Manager Atsushi Konno told The Manila Times.…

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ILOILO: Philippines AirAsia wants the government to reject proposals to regulate air fares in the country. “We hope that they won’t control the prices… In the international market, prices are not controlled,” Philippines AirAsia President and CEO Dexter Comendador said in a press briefing at the Iloilo International Airport. Comendador…

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TRANSPORT network company Grab Philippines said on Monday it has launched its GrabExpress delivery service and Grab for Work business transport solution in Cebu City. “We believe that Cebuanos can widely use the service, whether it be for their businesses or for their personal errands because GrabExpress is really the…

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A follow-up study on a transport infrastructure development roadmap for Metro Manila and nearby provinces – an area also known as the Greater Capital Region — is expected to be finished in November, the Japan International Cooperation Agency said. “It’s timely to identify new strategies and solutions to present traffic…

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ILOILO – Low-cost carrier Philippines Airasia said it would launch a $250-million initial public offering in mid-2018. “BDO is working on it. Middle of next year, we’ll get it,” AirAsia Philippines President and Chief Executive Officer Dexter Comendador said in a media briefing held at the Iloilo International Airport on…

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The International Police Organization (Interpol) has issued a “Red Notice” for the arrest of two Indonesians and their Filipino cohorts who allegedly siphoned over P50 million from Citra Metro Manila Tollways Corp. in November 2012. “Assurances are given that extradition will be sought upon arrest of the person, in conformity…

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PANGILINAN-LED Metro Pacific Investments Corporation (MPIC) is considering increasing its proposed takeover bid to rehabilitate and operate Metro Rail Transit-3 to P20 billion from an earlier amount of P12 billion. “The required amount of investment is larger,” MPIC President and Chief Executive Officer Jose Maria Lim told reporters on Friday,…

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Groundbreaking for a common station that will connect key Metro Manila rail lines was held on Friday and officials said the project — delayed for nearly a decade due to a dispute over its location — would finally be completed in 2019. “We will finish this for the benefit of…

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Japanese conglomerate Hitachi Ltd. is interested in the Mega Manila Subway and Manila-Clark railway projects as it looks to exand its business in the Philippines.. “We have a very strong turnkey engineering solutions,” Asia Pacific Hitachi Ltd., Railway Systems Business Unit Shinya Mitsudomi said in a press briefing on Friday.…

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