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New ride-hailing app inDrive suspended due to fare-haggling system

Prior to the suspension order, inDrive was positioning itself to make a splash as a competitor to Grab. Now, its plans are on pause after the LTFRB questioned its fare-haggling system......»»

Category: newsSource:  rapplerRelated NewsJan 24th, 2024

Philippines FDI net inflows grow by 27.8 pct in November

MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»

Category: newsSource:  manilanewsRelated NewsFeb 12th, 2024

Philippines FDI net inflows grow by 27.8 pct in November

MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024

Philippines total external trade drops by 5.4 pct in November

MANILA, Jan. 10 (Xinhua) -- The Philippines' total external trade in goods declined by 5.4 percent in November 2023 to 16.95 billion U.S. dollars from 17.92 billion dollars in November 2022, the Philippine Statistics Authority (PSA) said Wednesday. Of the total external trade in November 2023, 63.8 percent were imported goods, while the remaining were exported goods, the PSA said. The PSA said the balance.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Union Bank board approves P10-B stock rights offering

The board of directors of Union Bank approved a plan to conduct a stock rights offering to raise up to P10 billion to “fund the capital infusion to UnionDigital” and for “projected retail loan availments”......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Kolorum jeepney babaha sa mayo

Asahang babaha ng mga kolorum na jeepney sa susunod na buwan kapag natapos na ang deadline sa franchise consolidation sa Abril 30. The post Kolorum jeepney babaha sa mayo first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 13th, 2024

Online booking fare slightly higher: Dcott

DURING the AFP-PNP-ISpeak press conference on Wednesday morning, March 20, 2024, at the Royal Mandaya Hotel, Aisa Usop, the manager of Davao City Overland Transport Terminal (Dcott), said that the fare for online booking is slightly higher than traditional fares, prompting inquiries from passengers......»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Transport group seeks P2 fare hike

Transport group seeks P2 fare hike.....»»

Category: newsSource:  sunstarRelated NewsApr 16th, 2024

inDrive pauses operations to fix fare concerns

Ride-hailing giant inDrive, touted as the potential competitor of Grab Philippines, has suspended its operations in the country to address issues raised by the government regarding its fare system......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  manilanewsRelated NewsJan 15th, 2024

Philippine remittances rise by 2.9 pct in November

MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024

LTFRB-Davao to strictly monitor bus terminals for Holy Week

THE Land Transportation Franchising and Regulatory Board Region-Davao Region (LTFRB-Davao) assures strict security measures in bus terminals in line with the observance of the Holy Week from March 24 to 31, 2024......»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024

176 ka bus gihatagan og special permit sa LTFRB 7

176 ka bus gihatagan og special permit sa LTFRB 7.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

LTFRB to inspect transport terminals

Land Transportation Franchising and Regulatory Board Chairman Teofilo Guadiz is scheduled to inspect transport terminals tomorrow ahead of the exodus of passengers during the Holy Week, LTFRB spokesperson Celine Pialago said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

LTFRB issues over 1,000 special permits to PUVs ahead of Holy Week

To ensure the smooth travel of Filipinos during Lenten season, the Land Transportation Franchising and Regulatory Board (LTFRB) announced the approval of special permits to 1,021 public utility vehicles (PUVs)......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

No competition between motorcycle taxis, other transport modes — LTFRB

Motorcycles taxis do not pose a threat to other public utility vehicles (PUVs), including jeepneys and tricycles, as a means of livelihood, the Land Transportation Franchising and Regulatory Board (LTFRB) said......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

LTFRB chief kampanteng PUVMP maipatutupad

SA PAGBASURA kamakailan ng isang kaso sa legalidad ng Public Utility Vehicle Modernization Program (PUVMP), umaasa si Land Transportation Franchising and Regulatory Board (LTFRB) Chairperson Teofilo Guadiz III na ang mga nakabinbing kaso laban sa palit-jeep ay magkakaroon ng parehong resulta. “Base ho sa nangyari ngayon na desisyon ng Supreme Court, kung ito ho ang ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsMar 11th, 2024

LTFRB: PUJ drivers, operators sa Davao dili maapektuhan sa PUVMP

LTFRB: PUJ drivers, operators sa Davao dili maapektuhan sa PUVMP.....»»

Category: newsSource:  sunstarRelated NewsJan 18th, 2024

PH’s BOI grants green lane endorsement for P10.85-B wind project in Laguna

The project, with an investment cost of P10.85 billion, is set to start its commercial operations by 2026 and is expected to generate at least 30 direct and 500 indirect employment for Filipinos......»»

Category: lifestyleSource:  abscbnRelated NewsApr 4th, 2024

PNP gets P10 million reward for busting Bicol crime ring

A reward of P10 million was given to the Philippine National Police for breaking up a criminal ring based in Bicol with the killing of its leaders last month......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024