Tuesday, July 14, 2020

DOTr Doubles Equity Subsidy For Operators Joining The PUV Modernization Program

DOTr Doubles Equity Subsidy For Operators Joining The PUV Modernization Program

Spotlight

Volunteer Group Launches ‘BIDA Eskwela’ To Raise P200K In 40-Days For Poor Schools

The initiative targets to send support to 20 school beneficiaries in mostly underprivileged and remote communities nationwide.

STI: Staying Education-Ready In The New Normal

STI is committed to face the challenges brought by the new normal of education, and at the same time, prioritize the needs and safety of its students.

SM Foundation Donates Masks And Face Shields To Cebu Hospitals And Quarantine Centers

SM Foundation donated KN95 masks, 3-ply masks, and face shields worth PHP2.5 million to Cebu hospitals and quarantine centers. Thank you, SM!

Francisco Motors Debunks Accusations That Modern PUVs Increase COVID-19 Transmission

"What worsens virus transmission are incompetence of vehicle personnel, complacency of those in-charge of the vehicles and negligence of passengers."

In this time of pandemic, the Department of Transportation (DOTr) has approved to double the equity subsidy from PhP80,000 to PhP160,000 for operators joining the Public Utility Vehicle Modernization Program, with retroactive effectivity.

A directive was signed by DOTr Secretary Arthur Tugade that amended a provision in Department Order 2018-016 to address the affordability of modern PUV units and financial viability of the program for drivers and operators participating in the PUVMP.

From PhP80,000, the Department will now grant PhP160,000 per PUV unit as equity subsidy for existing PUV operators with valid franchises and PUV operators applying for new or developmental routes under the Omnibus Franchising Guidelines.

The move aims to further assist drivers and operators as they transition to modern PUVs, especially during the pandemic.

Secretary Tugade said the increase in equity subsidy is a way of helping stakeholders who are participating in the PUVMP as the country begins to gradually shift to the “new normal” amid the coronavirus disease (COVID-19) situation.

“Habang sumusulong tayo patungo sa pagbabago, ito ‘ho ang paraan namin para sabihing kaagapay ninyo kami sa Kagawaran ng Transportasyon. Contrary to the statements of other critics, we are here to assist and hear the concerns of all stakeholders. Especially now that we are gearing to a future wherein modernization will greatly benefit everyone, kailangan ‘ho natin ito,” the transportation chief said.

Secretary Tugade also noted that the equity subsidy increase also includes those with applications from 31 July 2018.

“Retroactive ho ito. Ang ibig sabihin, kahit na nakakuha na ng previous amount, makukuha pa din ho ng driver o operator ‘yung balanse,” he emphasized.

The development was welcomed by Land Transportation Franchising and Regulatory Board (LTFRB) Chairman Martin Delgra who said it would allow more PUV drivers and operators to participate in the PUVMP.

“More PUV operators and drivers can now participate in the PUV Modernization Program as they are assured of access to loans especially from government-run banks. We are assuring our PUV drivers and operators that the DOTr and the LTFRB are always here to support their movement towards modernization,” Chairman Delgra said.

Latest News

Mayor Evelio: Bacolod City, DOH Open 1st Hospital-Based Level 3 Biolab In PH

The City of Bacolod has partnered with the Department of Health (DOH) in establishing the first hospital-based Level 3 testing laboratory in the country.

Mayor Jun: Northern Samar Buys COVID-19 Test Kits

“Having our own supply of test kits will allow us to examine more suspected carriers of COVID-19, especially the locally stranded individuals who will be returning home."

Guv. Ongchuan Accepts LSIs Despite Appeal To Extend Ban

“We will allow documented locally stranded individuals to enter and return to our province. They just have to coordinate with their respective local government units.”

Cayetano: ABS-CBN Owners To Blame For Network’s Demise

“It wasn’t the government who shut ABS-CBN down, rather it was their owners’ playing fast and loose with our laws in the past decades, that made the shutdown inevitable.”

Cayetano: ABS-CBN Owners To Blame For Network’s Demise

“It wasn’t the government who shut ABS-CBN down, rather it was their owners’ playing fast and loose with our laws in the past decades, that made the shutdown inevitable.”

Monreal: COVID-19 Positive Workers At NAIA Now 32

As of July 14, NAIA has recorded 32 COVID-19 cases among its staff, including 10 recoveries.

PAGASA: ‘Carina’ Maintains Strength As It Moves Towards Luzon Strait

Bagyong Carina, patuloy ang pagbagsak habang ito ay patungo sa Luzon Strait.

PAGASA: ‘Carina’ Maintains Strength As It Moves Towards Luzon Strait

Bagyong Carina, patuloy ang pagbagsak habang ito ay patungo sa Luzon Strait.

Mayor Rafael Warns Of Landslide As ‘Carina’ Turns Northwest

Motorists passing through the coastal town of Pagudpud in the northernmost part of the province are advised to take precautionary measures as 'Carina may trigger landslide and flash flood in low lying areas.