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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 »

Cebu bus transit system gets fund

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As Metro Manila struggles to get its trains in order, Cebu will finally get its own mass transit system that promises to improve “urban mobility” in Visayas’ main city, improving the lives of millions.

Posted: August 28th, 2014 in Headlines | Read More »

PNR may operate buses–DOJ

There is no legal obstacle to the Philippine National Railways reviving its old bus service that used to run Luzon routes, the Department of Justice has ruled. INQUIRER FILE PHOTO

There is no legal obstacle to the Philippine National Railways (PNR) reviving its old bus service that used to run Luzon routes, the Department of Justice has ruled.

Posted: August 18th, 2014 in Latest Business Stories | Read More »

Gov’t buyout of MRT 3 expected this quarter

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The Philippine government is seeking the approval of an international court to execute a compromise with the operator of the busy Metro Rail Transit Line 3 to finally pave the way for a P56-billion takeover of the overhead railway within the third quarter, a senior government official said.

Posted: August 4th, 2014 in Headlines | Read More »

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