Mindanao Daily Set A (January 2, 2017)

Page 1

CENTRIO MALL, Cagayan de Oro City

MINDANAO DAILY T H E P U RV E YO R O F T R U T H , J U S T I C E , A N D D E V E LO P M E N T

LTFRB warns erring taxi drivers anew Volume VI, No. 178

T

Website: www.mindanaodailynews.com

Monday

January 2, 2017

P15.00

A1

Do not overcharge fares, contract or, refuse passengers

BSP extends period to exchange old banknotes

HE Land Transportation Franchising and Regulatory Board (LTFRB) is warning taxi drivers that their licenses will be cancelled if they overcharge fare, contract or refuse passengers.

The LTFRB also directed taxi operators to supervise/ monitor their drivers and that it reserves the right to suspend or cancel their certificates of public convenience. The public is advised to send their complaints with details such as location, nature of complaint, picture, etc. and assures that these will be addressed by the agency. Earlier, The Land Transportation Franchising and Regulatory Board in Northern Mindanao (LTFRB-10) launched “Oplan Isnabero.” LTFRB-10 acting Regional Director Amenoden Guro told Mindanao Daily that he received an order from the Central Office on December 8, 2016 instructing regional offices to continue the operation See taxi, page A7

Philippine Army fully supportive of peace talks Full Story/A5

MIRANDA VISITS ARMY CAMP. Lt. Gen. Glorioso V. Miranda (second from right), commanding general of the Armed Forces of the Philippines (AFP), and Major General Benjamin Madrigal Jr., 4th Infantry Division commanding general, pose with an iron fists in support to President Rodrigo Duterte during Miranda’s visit to the 4th Infantry “Diamond” Division in Camp Evangelista, Barangay Patag, Cagayan de Oro City on December 29, 2016. Photo by Gerry Lee Gorit for Mindanao Daily

THE Bangko Sentral ng Pilipinas (BSP) announced on Wednesday that the Monetary Board (MB) decided to extend the period to exchange old banknotes in authorized agent banks of the BSP until March 31, 2017 from its initial deadline of December 31, 2016. In a briefing Wednesday, BSP Deputy Governor Nestor Espenilla Jr. said the MB’s decision to give a 90day extension to exchange old banknotes series or the New Design Series (NDS) for New Generation Currency (NGC) is a response to public clamor to extend the period of exchange. NDS notes were launched in 1985 which features the old BSP logo with eight denominations such as P5, P10, P20, P50, P100, P200, P500, and P1,000. NGC notes were released in 2010, featuring the new BSP logo and have six denominations: P20, P50, P100, P200, P500, and P1,000. See old, page A7

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