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Piston not keen on submitting fare hike petition

Piston Cebu says no to fare hike, seeks excise tax suspension

DOTr expects 80-90% jeepney consolidation by December 2023 deadline

The government has lowered its target of consolidating jeepney drivers and operators into cooperatives and corporations by the end of 2023 a policy being pushed alongside the much-contested phaseout of the "hari ng kalsada."

Transcripts for BBCNEWS Asia Business Report 20240604 00:40:00

asking for investments. so a reflection of economic reality perhaps, and certainly a reflection of the uk government;s softening stance towards china, which is all about trying to engage beijing rather than isolate it. we ve seen a number of moves from hong kong in recent months as china and hong kong have reopened in a post pandemic era to attract investment and see the economy grow as a result of having been so subdued in the last two years. just before we go, paypal shares have dropped in after our street and after its company forecasted its profit margin. the are still expecting big profit margin but hit them more high margins of the piston. analysts think it might be losing ground to apple pie and

Transcripts for BBCNEWS Asia Business Report 20240604 22:40:00

saudi arabia is a common me because saudi arabia is a common me because saudi arabia has 90% ownership in aramco. so it relies heavily on the dividend from saudia aramco to fund some of the major infrastructure products which are spearheaded by, these products are vital for saudi arabia. so that is why it is not just the oil industry, but also the saudi officials will be keeping a close watch on the earnings that will be released on tuesday morning. just before we go, paypal shares have dropped in after our street and after its company forecasted its profit margin. the are still expecting big profit margin but hit them more high margins of the piston. it may be losing ground to rivals such as apple pay. that brings us to the end of asia business report at this hour. thanks

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