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Mandaue jeepney drivers, operators now required to pay at least 10 percent of total penalties

MANDAUE CITY, Philippines – The traditional public utility jeepney (TPUJ) drivers and operators who wanted to resume operations here are now required to pay at least 10 percent of the amount of the total violations incurred before they can get a Provisional TEAM clearance from the Traffic Enforcement Agency of Mandaue (TEAM). Edwin Jumao-as, the […] The post Mandaue jeepney drivers, operators now required to pay at least 10 percent of total penalties appeared first on Cebu Daily News......»»

Category: newsSource: inquirer inquirerJan 8th, 2021

TEAM apprehends PUJ drivers with lacking documents

MANDAUE CITY, Philippines — A total of 14 Traditional Public Utility Jeepney (TPUJ) drivers were apprehended and their units impounded on Wednesday, April 2021, by the Traffic Enforcement Agency of Mandaue (TEAM) for lack of required documents to resume operations here. TEAM head Edwin Jumao-as, said in a phone interview that during their inspection in […] The post TEAM apprehends PUJ drivers with lacking documents appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsApr 21st, 2021

Mandaue drivers crowd TEAM office to get clearance

MANDAUE CITY, Philippines — More than 60 Traditional Public Utility Jeepney (TPUJ) drivers and operators flocked to the Traffic Enforcement Agency of Mandaue (TEAM) office on Tuesday, December 1, 2020, to get a TEAM clearance. Arnold Malig-on, TEAM operations chief, said that it was the first time that there were that many jeepney drivers who […] The post Mandaue drivers crowd TEAM office to get clearance appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsDec 1st, 2020

Mandaue PUJ drivers told: Get TEAM clearance, pay penalties in installments

MANDAUE CITY, Philippines — Drivers of traditional public utility jeepneys (PUJs) in Mandaue City with pending penalties of traffic violations can have the chance to go back to the streets and ply their routes again. This developed after the Mandaue City government met with officials from Pagkakaisa ng mga Tsuper at Operators Nationwide (PISTON) Cebu […] The post Mandaue PUJ drivers told: Get TEAM clearance, pay penalties in installments appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsNov 23rd, 2020

Face shields

Jeepney passengers in Davao City wear masks and face shields on the first day of implementation of the mandatory use of face shields on 15 August 2020. The Land Transportation Franchising and Regulatory Board said drivers and operators who violate the policy will face penalties. MindaNews photo by GREGORIO C. BUENO  .....»»

Category: newsSource:  mindanewsRelated NewsAug 15th, 2020

Cebu Drivers Urged Properly Disinfect their Vehicles

Operators and drivers of public utility vehicles are urged to properly disinfect their vehicles to prevent COVID-19 from spreading to passengers. The Land Transportation Franchising and Regulatory Board (LTFRB) 7 Regional Director Eduardo Montealto Jr. said that the Department of Transportation (DOTr) required every PUV to disinfect their vehicles before going to their respective routes […].....»»

Category: sportsSource:  abscbnRelated NewsAug 4th, 2021

BOC Port of Cebu exceeds June collection target

MANDAUE CITY, Cebu – The Bureau of Customs Port of Cebu collected over P3 billion in revenues for June 2021 despite the pandemic. In a report, BOC Port of Cebu said it collected a total of P3,011,631,645.78 which is P40.5 million or 1.36 percent more than its P2.971 billion target for the month. The amount […] The post BOC Port of Cebu exceeds June collection target appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJul 3rd, 2021

TEAM impounds 11 motorcycles of drivers with incomplete documents

MANDAUE CITY, Philippines – Eleven motorcycles were impounded by the Traffic Enforcement Agency of Mandaue (TEAM) after their drivers failed to show the required documents such as a driver’s license or valid registrations. This happened during a random inspection conducted along A.C Cortes Avenu by TEAM personnel in coordination with the Highway Patrol Group from […] The post TEAM impounds 11 motorcycles of drivers with incomplete documents appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsApr 22nd, 2021

PPA remits P3.54 billion to Treasury in 2020

The Philippine Ports Authority remitted a total P3.54 billion to the Bureau of the Treasury last year, six percent more than what is required by the law despite reduction in business volume, according to the Department of Finance......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2021

TEAM chief urges operators to regularly check pending violations of their drivers

MANDAUE CITY, Philippines – The Traffic Enforcement Agency of Mandaue (TEAM) is urging operators and vehicle owners to regularly check if their drivers have pending violations. They can do so at the TEAM office. Edwin Jumao-as said this when he sat as the TEAM’s new executive director. He ordered to dig up pending violations of […] The post TEAM chief urges operators to regularly check pending violations of their drivers appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsFeb 10th, 2021

LTO-7 conducts road safety seminar for truck drivers, operators

MANDAUE CITY, Philippines – The Land Transportation Office Central Visayas (LTO-7) and the Visayas Unified Truckers Association Inc., (VUTAI) held a seminar on Tuesday, January 5, 2021, about road safety and other issues faced by truck operators and drivers in Cebu. The Defensive Driving and Equipment Safety seminar was attended by at least 60 drivers […] The post LTO-7 conducts road safety seminar for truck drivers, operators appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJan 5th, 2021

Mandaue’s one-stop-shop for jeepneys to open in three days

MANDAUE CITY, Philippines- Mandaue City’s jeepney drivers will need to wait three more days before the city opens its one-stop-shop for the issuance of special permits to operate for traditional public utility jeepneys (TPUJ). The one-stop-shop will open from December 1 to 4 at the Mandaue City Cultural and Sports Complex. The Traffic Enforcement Agency […] The post Mandaue’s one-stop-shop for jeepneys to open in three days appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsNov 27th, 2020

Jeepney operators, drivers urged: Avail of one-stop-shop registration

CEBU CITY, Philippines — Jeepney operators and drivers are urged to avail of the Balik Pasada one-stop-shop, which will be ending on November 27, 2020. Councilor James Cuenco, the head of the Cebu City Jeepney Task Force, said that they will be wrapping up the one-stop-shop by tomorrow as there are now jeepneys plying the […] The post Jeepney operators, drivers urged: Avail of one-stop-shop registration appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsNov 26th, 2020

Mandaue jeepney drivers may resume operations in December yet

MANDAUE CITY, Philippines- The Mandaue City government has scheduled the resumption of operations of traditional jeepneys to December 2020. This is because the one-stop-shop for the issuance of a special permit to operate that was originally scheduled last November 18 and 19, 2020, was moved to December 1 to 4, 2020, at the Mandaue City […] The post Mandaue jeepney drivers may resume operations in December yet appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsNov 21st, 2020

Pamamahagi ng cash subsidy sa mga tsuper sinimulan na ng LTFRB

Manila, Philippines – Sinimulan ngayon Miyerkules ng Land Transportation Franchising and Regulatory Board (LTFRB) ang pamamahagi ng ‘direct cash subsidy’  sa mga jeepney drivers at operators na hindi nakamapamasada noong panahon ng pandemya. Ayon sa LTFRB, ang direct cash subsidy ay programa ng gobyerno sa ilalim ng Bayanihan To Heal As One Act II upang […] The post Pamamahagi ng cash subsidy sa mga tsuper sinimulan na ng LTFRB appeared first on REMATE ONLINE......»»

Category: newsSource:  inquirerRelated NewsNov 18th, 2020

COVID-19’s impact on banks manageable – BSP report

The banking system remains on “solid footing” in terms of assets, loans, deposits, profitability, capital and liquidity buffers despite the COVID-19 health crisis, a report from the Bangko Sentral ng Pilipinas (BSP) said.  “The impact of the pandemic on the overall condition and performance of the banking system, which remains the core of the domestic financial system, has been manageable,” according to the BSP’s second semester report on the Philippine financial system. The total assets of the banking system account for 81.9 percent of the financial system’s total resources. MB file photo. The banks remained resilient during the worst of the lockdown period because of the “timely, time-bound and crucial” regulatory relief measures that BSP granted to them during the most severe quarantine months of March until June. These relief measures “helped address the adverse repercussions of the pandemic.” One of these reprieves was the suspension of the submission of some bank reports while most of the country was on enhanced community quarantine (ECQ) restrictions. Banks have had to adjust operations and deal with the slowdown in economic activities that affected their borrowers’ capacity to pay. Based on a set of financial soundness indicators (FSI) to assess banks’ health and soundness, it noted that the banking system is “stable and resilient despite global uncertainties related to the extent and path of COVID-19 menace.”  But, the BSP said that the FSI analysis also implies that “consequent risks from lending should be monitored especially in the event of excessive uncertainties that could place additional pressures on the banking system in the short and medium run.” As of the report timeline, banks surveyed have yet to determine the total impact of the grace periods under the Bayanihan law but generally, based on the BSP’s comprehensive baseline survey conducted in April, banks have proactive control measures that will ensure the continued delivery of financial services to the general public and also to protect their personnel, said the BSP. Banks’ business continuity plans, and previous efforts at digitalization, also helped them to respond quickly to conditions brought about by the ECQ. Despite the economy in recession due to the pandemic, the banking system’s total assets reached P18.6 trillion as of end-June, 98.8 percent of the GDP. The end-June tally was 7.9 percent higher year-on-year but was slower than the 9.8 percent growth recorded in June 2019 and the 8.4 percent growth as of end-December 2019. Assets continue to grow because of the expansion of funds that went to lending activities while funding came from deposits, bond issuances and capital infusion. In the meantime, the report said banks’ profitability or net income fell by 22.5 percent to P86.5 billion as of end-June 2020 because of higher provisioning requirements. This was a reversal of the 27.7 percent growth in earnings same time in 2019.  “Provisions on credit losses for loans and financial assets significantly increased, weighing heavily on bank profitability. Other income sources are expected to slow down due to lower volume of transactions, waiver of inter-branch and interbank fees as well as the temporary grace period moratorium on the imposition of bank fees, penalties and charges under the Bayanihan Act,” said the BSP. Based on the BSP survey, banks have measures to cushion the adverse impact of the pandemic on profitability such as banks’ plans to impose cost-cutting measures that includes deferred capital spending and freeze hiring of non-critical positions. The BSP said banks have also intensified loan collection activities and its loan monitoring. They have also become more prudent in loan releases, reduced the cost of funds and at the same time boosted marketing campaigns for new loans and deposits.  “Across banking groups, (the big banks) also intend to reduce their exposures to vulnerable sectors and to increase ancillary or fee-based business while thrift banks and rural/cooperative banks plan to fast track digitization initiatives to reduce operating expenses,” said the BSP......»»

Category: newsSource:  mb.com.phRelated NewsNov 8th, 2020

Most Cebuano netizens prefer modern jeepneys over traditional ones

  CEBU CITY, Philippines— For so long, traditional jeepneys played a huge part in the country’s transport system. When the pandemic hit almost eight months ago, jeepneys were prohibited to ply the streets for health reasons. This resulted in drastic changes in the lives not only of jeepney drivers and operators but of their families […] The post Most Cebuano netizens prefer modern jeepneys over traditional ones appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsNov 4th, 2020

Labella: City will help 3.5K jeepney drivers find jobs

CEBU CITY, Philippines — Cebu City Mayor Edgardo Labella assured the 3,500 jeepney drivers who might not be able to go back to the streets that the city government would help find jobs for them. This after only 1,355 out of the total 5,000 jeepneys will be allowed to ply the streets again. Read: Cebu […] The post Labella: City will help 3.5K jeepney drivers find jobs appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsOct 27th, 2020

Go gives aid to Pasay PUJ operators, drivers

During an aid distribution event in Pasay City on Tuesday, Sen. Bong Go engaged with jeepney operators and drivers to listen to their concerns and help find solutions to the challenges they are currently facing amid the COVID-19 pandemic......»»

Category: newsSource:  philstarRelated NewsOct 22nd, 2020

From China: Young retirees, convicts

Senator Richard Gordon is worried Chinese retirees, mostly 35-year-olds, compose 40 percent of the total foreign retirees in the country, as his colleagues raised the possibility of them secretly working for Philippine offshore gaming operators (POGOs)......»»

Category: newsSource:  thestandardRelated NewsOct 20th, 2020

Mandaue City recovery rate now at 89%

CEBU CITY, Philippines —Mandaue City’s recovery rate is now at 89 percent as the city’s total recoveries near 2,100. The Mandaue City Public Information Office on Saturday reported two new recoveries and one new case of the viral infection. According to the city’s COVID-19 bulletin for October 10, the new infection is from the community […] The post Mandaue City recovery rate now at 89% appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsOct 11th, 2020