The threat of a transport strike today, which organizers said has the potential to cripple the economy by way of “removing” from the roads the jeepneys that most commuters rely on. Know more:
The threat of a transport strike today, which organizers said has the potential to cripple the economy by way of “removing” from the roads the jeepneys that most commuters rely on, could provide President Bongbong Marcos Jr. the opportunity to craft strategies in line with his push to strengthen the economy given the huge challenges he faces such as the pandemic-induced debt.
To convert the pledges to actual investments means PBBM should face up to the challenge of the so-called EODB or Ease in Doing Business in the Philippines as investors find it difficult to go through the rigmarole of securing permits to start their businesses. Even the locals are not spared the cumbersome permitting process.
The COC, which was a prerequisite before a TNVS franchise filing is heard by the quasi-judicial regulatory body, was seen as a “frequent cause of delay or dismissal of applications” for certificates of public convenience . The LTFRB board, headed by lawyer Teofilo Guadiz, found out that the COC requirement’s removal “will reduce red tape and expedite business and non-business transactions in government after a thorough reevaluation.
Prospective operators are still required to submit 16 more documents before they could secure slots for hearing. That means a jeepney driver switching to a ride-hailing cab due to a family member who invested in a car to be used as TNVS still has to go through 16 stops before getting a slot to be heard for his franchise application.
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