News

LTFRB unveils modern Public Utility Vehicles at SM City Lipa

THE Land Transportation Franchising and Regulatory Board Region IV-A (LTFRB- R4A) recently launched its Public Utility Vehicle Modernization Program (PUVMP) last February 17 at SM City Lipa. Headed by LTFRB Regional Director for Region IV-A Col. Renwick Rutaquio, the program showcased a variety of PUVMP compliant units to its most important stakeholders – drivers, operators […]

Business News

DBP bankrolls South Luzon PUV modernization

State-owned Development Bank of the Philippines (DBP) has granted a P29.44-million assistance to a South Luzon-based transport cooperative for 15 units of EURO IV jeepneys under the DBP PASADA loan program targeting transport cooperatives and corporations that seek to modernize their fleet, a top official said. DBP president and chief executive officer Emmanuel G. Herbosa […]