DBP to put up P1.5B loan facility to bankroll PUV upgrade plan

The Development Bank of the Philippines (DBP) will provide a P1.5 billion finance facility to fund the initial implementation of the Department of Transportation’s…

PUV modernization program eyes total overhaul of PH road transport system

The Department of Transportation (DOTr) has launched the Public Utility Vehicle (PUV) Modernization Program, a comprehensive, long-term project designed to make PUVs safer and more…

DoTR, Land Bank line up P1B loan package for PUJ modernization

The Department of Transportation (DOTr) and Land Bank of the Philippines (LBP) have signed a memorandum of understanding (MOU) to set up a P1-billion…