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DOTC to put off MRT 3 fare hike for now

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Philippine Ratings Services Corp., a debt watcher, has upgraded the rating of the Metro Rail Transit Line 3’s debt.

The Department of Transportation and Communications (DOTC) has decided to put off a fare increase for the busy Metro Rail Transit Line 3 possibly until 2015, determining that services will have to improve first, a government official said on Thursday.

Posted: September 19th, 2014 in Latest Business Stories | Read More »

PH urged to consider $700M subway

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INQUIRER.net FILE PHOTO

The Philippine government should consider other mass transit solutions to address worsening congestion in Metro Manila, including a $700-million subway system on Edsa to complement the busy Metro Rail Transit Line 3, said an official of Japan International Cooperation Agency.

Posted: September 18th, 2014 in Editor's Pick,Headlines | Read More »

SM pushes ‘constructive dialogue’ on rail station

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SM Investments vice chair Teresita Sy-Coson: We’re keen on finding a solution. CONTRIBUTED PHOTO

Listed conglomerate SM Investments Corp. said it was open to a “constructive dialogue” with the Department of Transportation and Communications (DOTC) over the location of a railway common station in Quezon City that has held back the awarding of a major public-private partnership (PPP) deal.

Posted: September 11th, 2014 in Editor's Pick,Headlines | Read More »

Biz Buzz: Out with the new, in with the old

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The question on who will control Philippine Airlines (PAL) was finally settled but many more remain, such as whether reforms under San Miguel Corp. will continue and even how employees feel about the “new-old” management coming onboard.

Posted: September 10th, 2014 in Columnists,Inquirer Columns | Read More »

Firms’ bid to stop purchase of new train cars nixed

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MRT

The Court of Appeals has denied a petition filed by the operator of the Metro Rail Transit Line 3 (MRT-3) seeking to stop the Department of Transportation and Communications (DOTC) from buying new train cars from a Chinese firm.

Posted: August 12th, 2014 in Latest Business Stories | Read More »

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