People got late (like me). People had to spend more in terms of time, fare, deducted wages due to tardiness, etc. Meetings had to be rescheduled, employees had to make up by leaving work today a little later than usual.
Analysts highlighted that in spite of this move by the government, we should still be wary with the global economic issues we are facing as of the moment. The move will not necessarily shield us from the downturn, but a strong local economy and internal production and spending will nonetheless soften the impact of global downturns.
After the historical earthquake and tsunami, tourist arrivals have dropped significantly in Japan. And given the requested budget for this, I’m sure the Japanese agency estimates that they actually stand to earn more in the long run should they make this one time investment.
With the current number of shuttle vans and SUVs (both franchised and colorum), waiting time in shuttle terminals during rush hours is still significant. As such, with all the vehicles combined, colorum or legitimate, the demand is still greater than supply especially at rush hour.
The point on fare subsidy where the government in fact shoulders a big portion of the train fares, to keep the fares affordable for the public (~Php10-14 range). They say that at this fare rate, subsidy per passenger is already around ~Php30-40 and this translates to Php7-8B annual subsidy.
SM City Rodriguez: Naks I already have the name. Please SM, build a mall in Montalban. They say all the lands touched by Henry Sy via SM appreciated in value so please do consider building one in Montalban
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