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News and Events

Transport Co-Ops Score 21% Jump in Price of Modern Jeepneys, Warn It Could Lead to Higher Passenger Fares

Groups asking government to increase subsidies to protect welfare of riding public

Transport cooperatives that are part of the government’s public utility vehicle (PUV) modernization program are protesting the hefty increase in prices of modernized jeepneys since the scheme was rolled out. They warned that unless the price hikes are curbed, they may be ...

by Pauline Macaraeg  | October 23, 2018 09:00:00
News and Events

LTFRB Backtracks on Warning to Go After 'Colorum' Ride-Hailing Cars Starting Sept. 1

Agency says only 782 applications for permits were received since issuing the warning

The Land Transportation Franchising and Regulatory Board (LTFRB) has agreed to push back the crackdown on unauthorized or “colorum” transport network vehicle services (TNVS) providers, which was set to begin on September 1.The LTFRB has not announced a new date for the ...

by Pauline Macaraeg  | August 30, 2018 06:00:00
News and Events

How Frequently Do Filipino Commuters Use Ride-Hailing Apps?

Survey shows that transport network vehicle services have become a public necessity

On March 26, ride-hailing companies Uber and Grab announced they were merging their Southeast Asian operations in a multi-billion dollar deal, leaving the Philippines with only one major player in the transport network vehicle services (TNVS) industry by the middle of April ...

by Pauline Macaraeg  | April 19, 2018 10:00:00
News and Events

Grab, Uber Confirm Merger of Ride-Hailing Operations in Southeast Asia (Update)

Grab to notify competition authorities in Singapore but it’s not yet clear if it needs to do so in the Philippines

Ride-hailing rivals Grab and Uber have confirmed they are combining their operations in Southeast Asia in a multi-billion dollar deal, both companies announced separately on Monday, March 26.Under the deal, Uber will acquire a 27.5-percent equity stake in Grab while Grab will ...

by Lorenzo Kyle Subido  | March 26, 2018 10:00:00
News and Events

Uber Agrees to Sell Southeast Asian Operations to Grab, Says Bloomberg

In turn, the US ride-hailing firm will own 25-to-30-percent of the combined business

 Read updates to this story here: Grab Confirms Acquisition of Uber's Southeast Asian OperationsUS-based ride-hailing operator Uber has agreed to sell its Southeast Asian operations to Singapore-based rival Grab, according to a report by business media company Bloomberg published March 25. The ...

by Lorenzo Kyle Subido  | March 26, 2018 09:00:00
News and Events

Everything You Need To Know About The Metro Manila Mega Subway

It's our first underground train system

Construction of the Metro Manila Mega Subway is one step closer to reality after the National Economic Development Authority approved the milestone project.In a statement, the Department of Transportation (DOTr) said the project, which aims to connect Quezon City and Taguig City ...

by Andrei Medina for FHM.com.ph  | September 08, 2017 10:00:00
Business Ideas

Philippine Airlines is 61st in world list

How are airlines measured worldwide

The country’s national flag carrier Philippine Airlines (PAL) remains to be one of the world’s biggest carriers, ranking 61st in terms of number of passengers and total distance flown. Based on the World Airline Ranking compiled by Airline Business magazine, PAL ranked ...

by Carlo P. Mallo  | June 30, 2011 05:00:00
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