Davao Modern Bus System to Partially Operate by Q1 2028
The Philippine Department of Transportation announced that the Davao Public Transport Modernization Project (DPTMP) is set to commence partial operations by the first quarter of 2028. The project will deploy approximately 1,000 buses, including 386 electric units, and is projected to serve 800,000 passengers daily.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Philippines Moves to Remove 'System Loss' Charge in Electricity Bills Amidst Industry Bankruptcy Fears
The Philippine Energy Regulatory Commission (ERC) dismissed claims by some power firms that removing the 'system loss' charge from electricity bills would lead to bankruptcy, calling them 'doomsday scenarios.' The ERC is studying ways to reduce the charge, following President Marcos Jr.'s directive.
- Philippine Banks to Maintain Lending Standards in Q3, Signaling Economic Stability
Most Philippine banks anticipate maintaining their lending standards in the third quarter of 2026, signaling the banking system's stability and capacity to support the economy through credit despite lingering risks. A majority of lenders plan to keep their criteria for assessing business and household loan applications unchanged.
- Philippine Banks to Maintain Lending Standards in Q3, Signaling Financial Stability
Most Philippine banks expect to maintain their lending standards in the third quarter, according to a Bangko Sentral ng Pilipinas (BSP) survey. This signals the banking system's stability and capacity to support the economy with credit amidst ongoing geopolitical uncertainties, though a net tightening bias persists but has eased.