Businessmirror June 29, 2019

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ROTARY CLUB OF MANILA JOURNALISM AWARDS

2006 National Newspaper of the Year 2011 National Newspaper of the Year 2013 Business Newspaper of the Year 2017 Business Newspaper of the Year 2019 Business Newspaper of the Year

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A broader look at today’s business n

Saturday, June 29, 2019 Vol. 14 No. 262

2018 EJAP JOURNALISM AWARDS

BUSINESS NEWS SOURCE OF THE YEAR

DEPARTMENT OF SCIENCE AND TECHNOLOGY

2018 BANTOG MEDIA AWARDS PHILIPPINE STATISTICS AUTHORITY

DATA CHAMPION

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FREEDOM FROM TRAFFIC

PHL law stymies highoccupancy vehicle schemes that could help ease traffic congestion, but a few good practices may lead the way By Cai U. Ordinario

F

REEDOM from traffic through a high-occupancy vehicle (HOV) scheme may not be forthcoming given the limitations of the country’s laws on carpooling and ride sharing, according to an expert. In a recent Connect Forum at the University of the Philippines National Engineering Center, Bellwether Advisory Inc. Chief Executive Officer Rene S. Santiago said Republic Act (RA) 4136, or the Land Transportation and Traffic Code, does not allow vehicle owners to charge for carpooling or shared rides without securing a franchise. Essentially, an HOV means having more passengers, an additional two to three or more riding a private vehicle. This can be done legally only if there is no exchange in money, even for fuel expenses. “The biggest part that prevents HOV in Manila is actually our legal system. It is not invited

under the Transport and Traffic Law, RA 4136. The Land Transport and Franchising Board insists that if you share a ride and that rider gives you some share of the cost, it requires a franchise,” Santiago said. “Of course, there was a time when Filipinos like to do bayanihan and share a ride, but the cases of hold-up, crimes, emerged so they refused to do so.” Santiago said one of the more successful uses of HOV in the country is found in universities like Ateneo de Manila through carpooling. He said this was applied by issuing just one permit for three students. This means two other parents, whose sons are in the elementary Continued on A2

Hong Kong protests raise alarm special freedoms are fading By Elaine Kurtenbach | The Associated Press

H

ONG KONG—China promised that for 50 years after Britain gave up control of its last colony, this shimmering financial enclave would get to keep freedoms absent in the communistruled mainland. Twenty-two years on, those are rights many here believe Hong Kong cannot live without.

The hundreds of thousands who marched in a June 16 protest over a now-shelved extradition bill, and those still demonstrating, are raising alarm that Hong Kong may become just another Chinese city as those protections unravel and Beijing’s influence in the territory expands. Activists are planning more protests for Wednesday, hoping to win attention and support from world leaders gathering in Osaka, Japan, for

the Group of 20 summit later this week. “This is not about a power struggle,” said Bonnie Leung, a leader of the Civil Human Rights Front, one of a number of groups involved in organizing protests. “This is about the values that make the world a better place.” “The whole world, whoever has connections with Hong Kong, would be stakeholders,” she said. Continued on A2

PESO EXCHANGE RATES n US 51.3580

Continued on A2

TYPICAL traffic congestion at the intersection of Gil Puyat and Makati avenues in Makati City, December 7, 2017. MAREK SLUSARCZYK/DREAMSTIME.COM

n JAPAN 0.4765 n UK 65.1117 n HK 6.5717 n CHINA 7.4672 n SINGAPORE 37.9614 n AUSTRALIA 35.9917 n EU 58.4043 n SAUDI ARABIA 13.6955

Source: BSP (June 28, 2019 )


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