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Riders complain: MRT now an ‘obstacle course’

November 9, 2011

MANILA, Philippines -   Regular riders of the Metro Rail Transit (MRT) are complaining about the bad condition of the rail line, which has made each trip an “obstacle course.” Read the rest of this entry »

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Senate to Palace: Explain junking of resolution vs fare hikes

September 26, 2011

The Palace should explain President Aquino’s decision to ignore a resolution in the Senate urging him to exercise his prerogative to suspend the implementation of impending price increases in the transport sector, opposition Sen. Joker Arroyo said yesterday. Read the rest of this entry »

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Noynoy junks Senate plea to defer MRT, LRT fare hikes

September 22, 2011

Malacañang rejected yesterday persistent appeals made by members of the Senate for the administration to defer until next year the implementation of its plan to cut its subsidy on the Metro Rail Transit (MRT) and Light Railway Transit (LRT) Systems and increase fare cost. Read the rest of this entry »

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Staggered hikes for train fares

September 15, 2011

THE looming fare hike at the Metro Rail Transit and Light Rail Transit (LRT) won’t be sudden, Transportation and Communications Secretary (DOTC) Manuel Roxas 2nd said Wednesday. Read the rest of this entry »

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Ralph Recto is right about MRT fare

September 14, 2011

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 does seem unfair that such a large sum of money is being lavished on a subsidy just for MRT riders. Read the rest of this entry »

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DoTC says proposed fare hikes in MRT, LRT remain suspended

March 31, 2011

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. Read the rest of this entry »

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Govt should hike LRT2 fare–study

September 9, 2009

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. Read the rest of this entry »

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Government increases stake in MRT3

March 31, 2009

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. Read the rest of this entry »

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DBP, LandBank set to acquire 76% of Metro Rail

March 31, 2009

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. Read the rest of this entry »