RELAXED TRAVEL. The Yanson Group of Bus Companies (YGBC) principal office in Bacolod City. The Bacolod-based company, the country's largest bus firm, on Tuesday (Feb. 8, 2022) welcomed the easing up of travel restrictions to spur economic activities amid the coronavirus disease 2019 (Covid-19) pandemic.(PNA Bacolod file photo) BACOLOD CITY - The Bacolod-based Yanson Group of Bus Companies (YGBC), the country's largest bus firm, has welcomed the easing up of travel restrictions to spur economic activities amid the coronavirus disease 2019 (Covid-19) pandemic. Matriarch Olivia Yanson, corporate secretary and treasurer, said in a statement on Tuesday placing the key cities under Alert Levels 3 and 2 eases people's mobility both for work and leisure. "Mobility directly translates into a bigger demand for public transport. This is a big relief to the transport industry," she added. On Monday, Yanson also underscored this in her message during the annual stockholders
EVERYONE WILL STAY. Ceres bus units of Vallacar Transit Inc. plying Negros Island parked at the South Terminal in Bacolod City. The country's largest bus firm, the Yanson Group of Bus Companies on Friday (Jan. 21, 2022) said it will not resort to retrenchment despite the challenges brought by the coronavirus disease 2019 crisis.(PNA Bacolod file photo) BACOLOD CITY - The country's largest bus firm, the Yanson Group of Bus Companies, with principal office in this city will not resort to retrenchment despite the challenges brought by the coronavirus disease 2019 (Covid-19) crisis. Matriarch Olivia Yanson, corporate secretary and treasurer, said in a statement on Friday all their 18,000 employees have been "suffering financially" due to the pandemic. "Our operations had been greatly affected. Despite the global crisis, my youngest son, Leo Rey, the president and chief executive officer of our company, makes sure that no employee will be retrenched," she added.
After leading the annual stockholders meeting and board election of Vallacar Transit Inc. (VTI) in December 4, 2021, matriarch Olivia Yanson also headed