Women In Fintech: How Tala’s Shivani Siroya Is Changing The Future Of Credit To Advance Financial Inclusion

Women leaders continue to reshape industries by bringing new ideas and perspectives that challenge long-standing systems. Their innovations are creating solutions that impact communities worldwide.

Nestlé Philippines Honored With Special Citation, Partners Leadership Award For Advancing EPR Systems

Sustainability initiatives are encouraging both businesses and communities to participate in improving waste recovery systems.

Vivant Water Acquires Majority Stake In Puerto Princesa Wastewater Facility

Vivant Water strengthens its role in wastewater management with a larger stake in Puerto Princesa’s treatment facility, supporting long-term environmental solutions and sustainable urban development.

Unilever Philippines Boosts Local Production Capabilities Manufacturing In Cebu

Unilever Philippines strengthens local manufacturing with a new Home Care production facility in Cebu serving the Visayas and Mindanao markets.

LTFRB-11: 6.2-M Riders Avail Of Last Phase Of ‘Libreng Sakay’

The Libreng Sakay Program in Davao has served more than six million riders in the region.

LTFRB-11: 6.2-M Riders Avail Of Last Phase Of ‘Libreng Sakay’

24
24

How do you feel about this story?

Like
Love
Haha
Wow
Sad
Angry

After three months of the Libreng Sakay Program, the Land Transportation Franchising and Regulatory Board (LTFRB) 11 (Davao region) said Friday the initiative has served more than six million riders in the region.

LTFRB-11 received PHP270 million for the third and last phase of Libreng Sakay here, which ran from April 11 to June 30 under the government’s Service Contracting Program (SCP).

It said they recorded 6,154,124 ridership during the period.

LTFRB-11 Director Don Llanos III said at least 46 transport companies were involved in the program, which he said aims “to help the transport industry, as well as the commuting public the convenience and ease during this time of the pandemic.”

Llanos said the agency was fortunate to receive a big portion of the PHP7 billion total funding for the SCP, which enables them to offer more drivers and operators the opportunity to earn.

Southern Mindanao Bus Operation Association (SMBOA) president Jerry Sy said it was difficult to make ends meet with fewer passengers on the road and fuel surcharge taking a toll on their operations.

“The program helped us with the circulation. We were also able to retain our employees because of this as they were able to keep their jobs,” he said. (PNA)