| Contact Us

Department of Transportation encouraged to work with Landbank and DBP in PUV acquisition

Mike Manalaysay May 4, 2024 at 04:19 PM

Senator Risa Hontiveros called on the Department of Transportation (DOTr) to collaborate with the Land Bank of the Philippines and the Development Bank of the Philippines (DBP) in acquiring modern PUVs. These vehicles would then be leased to consolidated transport cooperatives to address the transport shortage caused by the PUV Modernization Program.

“This drastic problem requires a drastic solution. Kailangang hingan na ng tulong ng DOTr ang Landbank at DBP, kasama ang mga asset management entities nila, para pwedeng gawing lease contracts na lang muna ang mga amortization contracts para sa mga transport cooperatives na hanggang ngayon, ‘di alam kung kakayanin ba ang modernization program,” Hontiveros explained.

She stated the DOTr should utilize its subsidy budgets for 2024 and 2025 to procure modern PUVs for leasing to cooperatives. These cooperatives, she added, could opt for a lease-to-own agreement with the government once the assigned routes demonstrate profitability.

Transport cooperatives are hesitant to invest in larger yet more costly modern jeeps due to the lack of clear route plans, making them uncertain about their financial viability. Similarly, banks are reluctant to extend loans to them under these circumstances, as per her observations.

“Since the DoTr and Malacañang have forced drivers and operators off their routes and off the roads by saying that only those that have joined coops and corporations can continue to ply their old routes there won’t be enough vehicles on the roads.” Hontiveros said.

As part of her suggested solution to address the transportation shortage, she proposes that the DOTr grant authorization to local governments to own and manage modern PUV fleets via service contracting agreements with transport cooperatives.

“Kung ganito ang gagawin, maiibsan ng DOTr ang pangamba ng maraming PUV drivers at operators, pati na yung mga napilitan lang na sumali sa transport coops dahil sa April 30 deadline, na lalo lang silang mababaon sa utang dahil mahal na nga ang isang unit ng modern PUV, pwede pa silang malugi dahil hindi nga sila binigyan ng katiyakan sa ruta at kita ng DoTr,” Hontiveros declared.

“The DOTr must take the wheel and ensure that the modernization program doesn’t run over the livelihoods of PUV drivers and operators. After all, it is the government that can initially take on the risk of making the investment in modern fleets because it is more knowledgeable about what lies ahead and seems much less afraid of the risks of the modernization program,” the senator asserted.

📷 Philippine News Agency

1 2 3 4 5 6 7 8 9 10 11 98 Last

Terms and Conditions of Arkipelago News

Terms and Conditions
Last updated: March 14, 2026

Welcome to arkipelagonews.com. By accessing or using this website, you agree to comply with and be bound by the following Terms and Conditions. If you do not agree with these terms, please do not use our website.

1. Use of the Website
Arkipelago News provides news, articles, opinions, and other informational content for general information purposes only. By using this website, you agree to use it only for lawful purposes and in a way that does not infringe the rights of others.

You must not:

Use the website for unlawful purposes
Attempt to gain unauthorized access to the website or its servers
Distribute malicious software or harmful code
Copy, reproduce, or republish content without permission
2. Intellectual Property
All content published on arkipelagonews.com including articles, graphics, logos, and images is the property of Arkipelago News unless otherwise stated.

You may:

Share links to our articles
Quote small portions with proper credit
You may not:

Republish full articles without permission
Use our content for commercial purposes without authorization
3. User Comments and Submissions
Users may be allowed to post comments or submit content.

By posting content, you agree that:

Your content does not violate any laws
Your content is not defamatory, abusive, or harmful
You grant Arkipelago News the right to display and moderate your content
We reserve the right to remove comments or content at our discretion.

4. Accuracy of Information
While we strive to provide accurate and up-to-date information, Arkipelago News makes no guarantees regarding the completeness, accuracy, or reliability of any information published on this website.

Content may be updated, changed, or removed without notice.

5. External Links
Our website may contain links to third-party websites. We are not responsible for the content, privacy policies, or practices of these external websites.

6. Advertisement and Sponsored Content
Arkipelago News may display advertisements, sponsored content, or affiliate links. Sponsored content will be identified where applicable.

7. Limitation of Liability
Arkipelago News shall not be held liable for any direct or indirect damages resulting from the use of this website.

Users access the website at their own risk.

8. Changes to These Terms
We reserve the right to update or modify these Terms and Conditions at any time. Continued use of the website after changes are made constitutes acceptance of the updated terms.

9. Contact Information
If you have any questions about these Terms and Conditions, you may contact us through our website.

This will close in 0 seconds

Privacy Policy

Privacy Policy
Last updated: March 14, 2026

Arkipelago News respects your privacy and is committed to protecting your personal information. This Privacy Policy explains how we collect, use, and safeguard your information when you visit arkipelagonews.com.

1. Information We Collect
We may collect the following types of information:

Personal Information
When voluntarily provided by users, such as:

Name
Email address
Information submitted through contact forms or comments
Automatically Collected Information
When you visit the website, we may automatically collect:

IP address
Browser type
Device information
Pages visited
Date and time of visits
This information helps us improve the website and user experience.

2. Cookies
Arkipelago News uses cookies to improve website functionality and analyze traffic.

Cookies may be used to:

Remember user preferences
Analyze website usage
Deliver relevant advertisements
You can disable cookies through your browser settings.

3. Third-Party Services
We may use third-party services such as analytics tools, advertising networks, and embedded media.

These services may collect information in accordance with their own privacy policies.

Examples include:

Website analytics services
Advertising networks
Social media embeds
4. How We Use Your Information
We may use collected information to:

Improve website performance
Respond to inquiries
Monitor website usage
Prevent spam or abuse
Deliver advertisements and content
5. Data Protection
We take reasonable security measures to protect your personal information. However, no method of internet transmission is completely secure.

6. Children's Information
Arkipelago News does not knowingly collect personal information from children under the age of 13.

If you believe that a child has provided personal information on our website, please contact us and we will remove it promptly.

7. Your Privacy Rights
Depending on your location, you may have rights regarding your personal data, including requesting access, correction, or deletion of your information.

8. Changes to This Privacy Policy
We may update this Privacy Policy from time to time. Changes will be posted on this page with an updated revision date.

9. Contact Us
If you have any questions about this Privacy Policy, you may contact us through our website.

This will close in 0 seconds