MRT

Ralph Recto is right. P-Noy and DOTC Secretary Mar Roxas will have to think of a better excuse to raise MRT fares than to say that it is unfair to the provincianos. Conceptually, P-Noy and Mar are looking at total taxes collected nationwide when they make such policies like subsidizing anything. From that perspective, it…

Metro Rail Transit (MRT) and Light Rail Transit (LRT) fares still remain the same at the moment as the implementation date of the proposed fare increase is still undecided, an official of the Department of Transportation and Communications (DoTC) said.

THE Philippine government should increase the Light Rail Transit (LRT) Line 2 fare to make the system “sustainable,” a joint study by the Japan International Cooperation Agency (JICA) and the National Economic and Development Authority (NEDA) said.

The government, through Land Bank of the Philippines and the Development Bank of the Philippines (DBP), has increased its stake in the company running Metro Rail Transit Line 3 (MRT) to give it elbow room in expanding line while saving millions of dollars in equipment rental.

STATE-RUN banks are beefing up their stake in Metro Rail Transit Corp. to 76 percent by the end of the month as part of the government’s bid to take over the operation of the 17-kilometer MRT 3 along Edsa.