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  • 2 years ago
President Ferdinand Marcos Jr. announces the government will not extend its year end deadline for jeepney drivers to consolidate themselves into cooperatives or corporations.

Full story: https://www.rappler.com/philippines/marcos-no-extension-consolidation-deadline-jeepney-drivers-december-2023/
Transcript
00:00 President Ferdinand Marcos Jr. announces the government will not extend its year-end deadline
00:05 for Jeepney drivers to consolidate themselves into cooperatives or corporations.
00:10 The president notes at present, 70 percent of all operators have already committed to
00:15 and consolidated under the Public Utility Vehicle Modernization Program.
00:20 Jeepney operators who fail to meet the December 31 consolidation deadline will lose their
00:25 individual franchise and opportunity to ply routes.
00:29 After consolidation, Jeepney operators will be required to upgrade their vehicles.
00:33 But many drivers struggle to purchase pricey modern Jeepneys.
00:38 Marcos' statement comes just two days before a two-day transport strike scheduled by Pistón
00:42 in protest of the PUVNP.
00:44 [MUSIC PLAYING]
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