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San Miguel to cut toll fees at Skyway Stage 3


BusinessWorld
July 7, 2021 | 12:03 am
SAN MIGUEL CORPORATION FB PAGE
SAN Miguel Corp. (SMC) will be reducing the proposed toll fees at its elevated expressway Skyway Stage 3 especially for motorists traveling short distances.
The company will start collecting fees on July 12 after waiving payments at the 18-kilometer expressway for almost seven months.
SMC has not yet released the revised matrix, noting in a press release on Tuesday that it will post the final rates at the toll plazas before the start of collections.
SMC President and Chief Operating Officer Ramon S. Ang said that the company decided to reduce fees after considering the effect of the pandemic on the economy. ....

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Regional Updates (02/11/21) | BusinessWorld


Closed to trucks starting Feb. 20
Trucks and trailers will be banned from crossing the Nagtahan Flyover in Manila starting February 20 to avoid further damage and potential accidents on the structure that is already lined up for repair, the Metropolitan Manila Development Authority (MMDA) announced Thursday. The agency said light vehicles can still use the bridge, based on the recommendation of the Department of Public Works and Highways (DPWH).
P3.32-M calamity loan released to Marinduque electricity distributor
STATE-run National Electrification Administration (NEA) has extended a P3.32-million calamity loan to Marinduque Electric Cooperative, Inc. (Marelco) after it was hit by two typhoons last year, the agency said on Tuesday. In a press release, NEA said Marelco has received the calamity loan as of end-January. The loan is intended to help the electric cooperative restore power lines damaged by Typhoon Quinta (international name: Molave) and Super Typhoon Rolly (i ....

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