Citylink’s C5 route buses perform from Mondays to Saturdays, with the earliest time of departure at 6 a.M.

The beep card may be purchased at any LRT or MRT station or decided on associate institutions and is reloadable at FamilyMart, Bayad Center, SM Bills Payment Centers, and Villarica and Tambunting retailers. Eighty-four lending agencies were suspended by way of the Securities and Exchange Commission (SEC) because of their failure to secure a secondary license to operate as lenders.

In a assertion on Thursday, the SEC stated the agencies violated Section 4 of Republic Act No. 9474 or the Lending Company Regulation Act of 2007, which states that “no lending organization shall conduct business until granted an authority to operate through the SEC.”

The secondary license to function as a lending organisation is known as certificates of authority (CA).


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The SEC earlier sent out over 300 show reason letters to registered companies engaged in lending who have no longer but secured their CAs to behavior lending sports.

The show purpose letters required the companies to provide an explanation for why their certificate of registration as a enterprise need to now not be suspended in view of their failure to relaxed CAs.

Out of the 300 or so 2nd display cause letters, 84 had been returned to sender. “In view in their failure to respond to the display purpose letters, those 84 businesses shall therefore be suspended for 60 days, and in the event that they still do now not respond inside the suspension period, lawsuits for revocation in their certificate of registration shall immediately happen,” the SEC said.

The NEDA explained the proposed assignment revision consists of a mortgage extension of two years and 6 months. It may also reallocate the P570.38-million part of the challenge fee to production and procurement, consulting offerings, management fees, fee-delivered tax and duties and taxes from the nearby counterpart contingency.

The ICC-CC additionally accepted the change of the financing mode for the Chico River Pump Irrigation Project from countrywide government funding to reliable development help (ODA).

The ICC additionally supported to exchange the financing mode from PPP scheme to ODA for the New Centennial Water Source-Kaliwa Dam Project and the North-South Railway Project-South Line, which had been originally approved by means of the NEDA Board in September 2015 and February 2016, respectively.

The committee also advocated the approval of a new fee threshold for initiatives to be reviewed and accredited by the ICC.

A new mission fee threshold of P2.Five billion changed into authorised by the ICC-CC, according to the NEDA.

Major capital tasks costing at least P2.5 billion would require ICC approval, except if in any other case supplied with the aid of regulation.

However, projects beneath P2.5 billion have to be certified as regular with the Philippine Development Plan. The enforcing enterprise’s mandate, as well as the performance signs permitted by the Department of Budget and Management should also be submitted. BEEP cards can now be used to pay for bus rides on Citylink buses plying the Newport City-Eastwood City route, AF Payments Inc. Announced on Thursday.

“Citylink is the primary bus organisation to have an automatic fare collection gadget that computes for distance-based totally fare. We’ll be implementing this scheme in most of our upcoming bus partnerships,” AF Payments spokesperson Tere Anchete said in a declaration.

The Newport City-Eastwood City course charges P39 pesos. Passengers are required to tap their beep card two times—upon boarding and before getting off the bus.


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The buses are ready with global positioning machine (GPS) to determine the correct station a passenger gets on and stale the bus, AF Payments said.