Skip to main content
See every side of every news story
Get Started
SubscribeLogin
Published • loading... • Updated

LRTA seeks P3-billion loan to settle LRMC obligations - BusinessWorld Online

Summary by bworldonline.com
THE Light Rail Transit Authority (LRTA) is seeking a P3-billion loan from the Land Bank of the Philippines (LANDBANK) to settle the government’s P4-billion obligations to the Light Rail Manila Corp. (LRMC), the concessionaire operating Light Rail Transit Line 1 (LRT-1). “We are processing a loan. We applied for a P3-billion loan from LANDBANK. This will be used to pay our obligation with them (LRMC),” LRTA Administrator Hernando T. Cabrera told …

1 Articles

bworldonline.combworldonline.com
Center

LRTA seeks P3-billion loan to settle LRMC obligations - BusinessWorld Online

THE Light Rail Transit Authority (LRTA) is seeking a P3-billion loan from the Land Bank of the Philippines (LANDBANK) to settle the government’s P4-billion obligations to the Light Rail Manila Corp. (LRMC), the concessionaire operating Light Rail Transit Line 1 (LRT-1). “We are processing a loan. We applied for a P3-billion loan from LANDBANK. This will be used to pay our obligation with them (LRMC),” LRTA Administrator Hernando T. Cabrera told …

Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 100% of the sources are Center
100% Center

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

bworldonline.com broke the news in on Sunday, February 22, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)
Blindspot Title And Logo
Stories disproportionately reported by the Left or the Right

Similar News Topics

Metro Manila icon

Metro Manila

News
Feed Dots Icon
For You
Search Icon
SearchBlindspot LogoBlindspotLocal