LTFRB approved a provisional P1 fare hike for buses in Metro Manila
The Land Transportation Franchising and Regulatory Board (LRFRB) said that while it recognizes the plight of the commuting public “in this time crisis,” it could not be sensitive to the clamor of the operators. LTFRB cited increases in fuel prices and the recent turmoil in oil-producing countries that have burdened the transport sector, LTRFRB granted [...]
March 28, 2011
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Tags: buses, commuters, fare hike, LTFRB, Metro Manila, oil price hike, provisional fare hike, Transportation В· Posted in: Announcement, Consumers, economy, Government, Law, money, Philippines, Poverty, Transportation
San Miguel acquires majority interest in MRT-7 project
The San Miguel Corp. (SMC) continues to diversify as it looks for investments in other industries, such as infrastructures and renewable energy, among others. The latest in its investment is the Metro Rail Transit Phase 7 (MRT-7), where SMC has acquired a majority stake. SMC signed a memorandum of understanding (MOU) with the controlling owner [...]
April 5, 2010
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Tags: business news, commuters, conglomerate, economy, metro rail transit, MRT 7, Philippines, San Miguel, SMC, transporation В· Posted in: Announcement, Corporations, Customer Service, economy, entrepreneur, investments, Philippine business news, Philippines
