REICELENE JOY IGNACIO

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The Department of Transportation will lead today the groundbreaking ceremony of the Southeast Metro Manila Expressway (SMME), the first phase of the Metro Manila Expressway (MME) Project. The 34.024-kilometer MME consists of three phases and has six lanes combined with elevated and at-grade expressway with two directional traffic flow that…

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METRO Pacific Tollways Corporation (MPTC) said it would be spending P10 billion for toll road projects south of Metro Manila. “For [the] south, it’s about P10 billion, mostly for Calax (Cavite-Laguna Expressway) and C5 South Link,” MPTC Chief Finance Officer Christopher Lizo told reporters over the weekend. He said construction…

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Grab Philippines filed a petition with the Land Transportation Franchising and Regulatory Board (LTFRB) on Friday for a fare increase to sustain high operating costs brought by the implementation of the new Tax Reform Law. Grab said in its petition that the Tax Reform for Acceleration and Inclusion (TRAIN) Law…

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The Department of Transportation (DoTr) kicked off on Friday pre-construction activities to start the PNR North-South Commuter Railway (NSCR ) Project Phase 1. The NSCR is a 38-kilometer railway that will connect Tutuban, Manila to Malolos, Bulacan, and is expected to accommodate around 340,000 passengers daily once it starts operations…

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South Korea is planning to create 30 million square meters of seaport hinterland by 2030 to enhance its development plan for its industrial and logistics infrastructure. The hinterland will be established in eight ports that are capable of handling 10 million tons of cargo a year, according to South Korea’s…

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The P200-million reconstruction of Tumagbok Bridge in Miagao, Iloilo is expected to be completed by the second quarter of 2018, the Department of Public Works and Highways said on Friday. The project involves the construction of four lanes, three spans pre-stressed concrete girder (PSCG), Type IV bridge on bored pile…

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The Philippine unit of the AirAsia Group said it would launch flights between Manila and Osaka, Japan in the second half of the year. “We got entitlements for Osaka [for the] second semester [of 2018],” Philippines AirAsia President and CEO Dexter Comendador told reporters. The flights to Osaka would follow…

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A group of taxi operators urged the Land Transportation Franchising and Regulatory Board (LTFRB) toincrease the flagdown rate to P50 cushion the impact of the new tax law on taxi operators and drivers. The present flagdown rate is P40. Bong Suntay, Philippine National Taxi Organization president, said the number of…

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More than 500 electric jeepneys will be rolled out this month as the government begins implementing the transport modernization program, according to the Department of Transportation (DoTR). Transportation Undersecretary Thomas Orbos said the e-jeepneys have free wifi, CCTV camera; GPS; fare card reader and a speed limiter. Orbos clarified that…

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UnionBank it is set to acquire 100 percent of Philippine Resources Savings Bank in the second quarter of 2018. Isabela-based PR Savings is part of the ROPALI group. In a disclosure to the Philippine Stock Exchange, UnionBank said that its subsidiary City Savings Bank, Inc. had signed a share purchase…

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