LTFRB-9 To Launch Vehicle Modernization Program Oct. 9

LTFRB-9 To Launch Vehicle Modernization Program Oct. 9


Transport Coop. Provides More Than 25k Free ‘Green Cards’ For Cashless Transactions

A transport cooperative operating in Las Piñas provides 25,735 passengers with the means to safely board and ride their solar electric jeepneys along the route of Alabang to Zapote.

The Importance Of Deepening Ties And Friendship On Online English Education

51Talk hosts the 2020 Sino-Philippines Educational Exchanges in celebration of the 45th anniversary of the founding of bilateral relations between the Philippines and China.

DBP Backs Public Transport Sector Recovery

DBP is working closely with the Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) in finding financial solutions to aid the country's transportation sector due to the difficulties presented by the pandemic.

The Land Transportation Franchising and Regulatory Board in Region 9 (LTFRB-9) is set to launch the Public Utility Vehicle Modernization Program (PUVMP) that will showcase modern vehicles.

LTFRB-9 director Nonito Llanos III said Saturday the launch of the PUVMP on October 9 here will see the participation of 10 manufacturers of modern vehicles and 40 transport cooperatives from the different parts of the region.

Llanos said the manufacturers will showcase modern and mini-buses like the ones servicing Taguig City in Metro Manila.

He said during the launch, cooperatives or corporations can take advantage of applying for loans from two government banks that offer very minimal interest rates and payable in seven years.

“Having cooperatives as operators of these modernized transport vehicles would also create more jobs,” Llanos said, citing Cebu City as an example where a cooperative has around 40 members.

“In the past, they operate one vehicle per individual, and after creating their cooperative, they had a number of vehicles while their employees reached more than a hundred for the vehicle maintenance, assistants for the drivers, among others. Having these large employees, it means that the cooperative is earning big while giving clean, efficient, environment-friendly and safe public utility vehicles,” he said.

He said each cooperative will be awarded travel routes exclusive for them, “so they are assured of having their income on such routes exclusively.”

He said the LTFRB requested the different local government units in the region to draw a local public transport route plan to determine, which cooperative and how many vehicles will operate and ply in a particular route so that there will be “a fair distribution of routes to all cooperatives.”

The LTFRB official said the first three corporations in the region that will comply with the government modernization program are the following: the Starlight Express of Midsalip town; Dipolog City’s Evergood Transit; and, Rural Transit Mindanao, Inc. (RTMI).

He said the modernization program will help protect the environment while providing a sustained livelihood to the stakeholders in the transport industry. (PNA)

PSA Targets 1.9-M In W. Visayas For PhilSys Pre-Registration

The Philippine Statistics Authority in Western Visayas is urging the support and cooperation of target pre-registrants for the Philippine Identification System Registration that commenced on October 12.

Raymund Marasigan To Teach Music Production 101 In Second Leg Of ‘Myx Musiclass’

Raymund Marasigan leads the second session of Myx Musiclass! Have you registered yet?

5 Reasons To Buy Xtreme S Series Smart TV

Is it time to switch to XTREME Appliances?

‘Four Sisters Before the Wedding’ Starts Production

Get ready to list all of the iconic lines once again, "Four Sisters Before The Wedding" is coming!

12 E. Visayas Towns Tagged As COVID-Free

A total of 12 towns from Samar and Southern Leyte provinces have been identified by the Department of Health as coronavirus-free with no single case recorded since the start of the global health crisis.

Light Up The Sky With BLACKPINK On Netflix With Globe

Get excited! The “BLACKPINK: LIGHT UP THE SKY” documentary is coming to your screens real soon!

Coursera Now Offers Campus Free Pricing Options And Academic Integrity Upgrades

Coursera expands its reach by offering free versions of Coursera for Campus and upgrading features to address the critical and long-term needs of higher education worldwide.

Pasig River Ferry Service Resumes Operation

The Pasig River Ferry Service resumes operations again!

Bacolod City Assessing Effectivity Of Market Safety Protocols

Bacolod City analyzes the effectivity of the safety protocols in major public markets based on the results of the mandatory surveillance testing for COVID-19 participated in by vendors last weekend.

Buri Industry In Pangasinan Town Bounces Back Amid Pandemic

The buri industry in Pangasinan bounces back after it slowed down due to the lockdown.