Skip to content

Philippines Today

home of the Global Filipino

Menu
  • News Stories
  • Regional News
  • Business & Economy
  • Science & Technology
  • International
Menu

SM firm invests Php1-B to field 77 hybrid buses in Metro Cebu by end of November

Posted on October 9, 2015

CEBU CITY, Oct. 9 (PNA) — A subsidiary firm of SM Prime Holdings Inc. will field a fleet of 77 hybrid buses plying four cities in Metro Cebu in time for the opening of the SM Seaside City Cebu at the South Road Properties on Nov. 26.

SM Prime Holdings subsidiary Premier Southern Corp. is investing over Php1 billion for the Metro Rapid Transit System Inc. (MRTSI), which will operate the buses called MyBus in the cities of Talisay, Cebu, Mandaue and Lapu-Lapu.

Marissa Fernan, vice president of SM Prime Holdings, said the buses will not displace jeepney operators and drivers because the buses will take “underserved” routes, including the South Road Properties (SRP) and the coastal road along the reclamation area of Cebu and Mandaue Cities.

Fernan said the buses will also not add to the heavy traffic since these will ply along routes not served by jeepneys.

Each of the airconditioned buses are 12 meters long, with 42 seats and equipped with WiFi, global positioning system and passenger information system, where estimated time of arrival and other information are flashed in monitors inside the bus.

“It’s really a state-of-the-art bus,” said Fernan.

The proposed fares are Php25, Php40 and Php75, depending on the route, but the rates have yet to be approved by the Land Transportation and Franchising Regulatory Board (LTFRB).

Passengers will use the e-PLUS card or tap-to-pay cards that can be bought at the SM malls and at the stations.

Sherry Tuvilla, SM regional operations manager, said they plan to put up 18 bus stations from Talisay City to Lapu-Lapu City, with the buses arriving at each station in an interval of about nine minutes.

Among the identified stations are in the SM Seaside City in the SRP, Parkmall in Mandaue City and in the Mactan Cebu International Airport.

Tuvilla said the construction of the first batch of stations will soon start.

Rico Villaluna, MRTSI general manager, said the estimated time of travel from Talisay City to the Mactan Cebu International Airport is 45 minutes. (PNA)

Share this:

  • Facebook
  • Twitter
  • LinkedIn
  • Pinterest
  • More
  • Tumblr
  • Reddit

Related

News Categories

  • Announcement (34)
  • Business & Economy (1,567)
  • Comment and Opinion (74)
    • Random Thoughts (18)
  • Current Issues (425)
    • Charter Change (1)
    • Election (228)
    • Population (6)
  • International (389)
  • Life In Japan (66)
    • Everything Japan (41)
  • Literary (34)
  • Miscellaneous (610)
  • News Stories (5,312)
  • OFW Corner (297)
  • Others (75)
  • People (408)
  • Press Releases (163)
  • Regional News (3,362)
  • Science and Technology (502)
  • Sports & Entertainment (287)

Latest News

  • BSP keeps policy rates anew December 17, 2015
  • NEDA cuts PHL additional rice import for 2016 by 25% December 17, 2015
  • DA cites serious implications of banning genetically modified products December 17, 2015
  • BBL is not yet dead – Drilon December 17, 2015
  • Comelec recognizes Duterte’s CoC for president December 17, 2015
  • NEDA chief sees 2015 growth at 6% despite typhoons December 17, 2015
  • House of Representatives ratifies bicam report on P3.002-T national budget for 2016 December 17, 2015
  • Cebu-based developer invests PHP430M to build 709 townhouse units in north Cebu town December 17, 2015
  • City gov’t eyes P75-M income from economic enterprise December 17, 2015
  • Baguio City LGU presents traffic plan for holiday season December 17, 2015

Archives

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Science and Technology

  • DOST-ICTO targets 500,000 web-based workers from countryside by 2016
  • (Feature) STARBOOKS: A ‘makeover’ for librarians
  • Science, research reduce ‘cocolisap’ hotspot areas in PHL
  • Montejo to further improve PAGASA and empower scientists
  • 1st PPP in biomedical research produces knee replacement system fit for Asians

Press Releases

  • Microsoft to buy Nokia’s mobile devices business for 5.44-B euros
  • New World Bank climate change report should spur SEA and world leaders into action: Greenpeace
  • Save the Philippine Seas before it’s too late — Greenpeace
  • Palanca Awards’ last call for entries
  • Philippines joins the global call for Arctic protection

Comment and Opinion

  • Remembering the dead is a celebration of life
  • Killer earthquake unlikely to hit Panay Island in near future – analyst
  • It’s not just more fun to invest in the Philippines, it is also profitable, says President Aquino
  • How does one differentiate a tamaraw from a carabao?
  • Fun is not just about the place, it is also about the people, says DOT chief

OFW Corner

  • Ebola infection risk low in Croatia
  • Death toll rises to 41, over 100 still missing in landslide in India
  • Asbestos use in construction a labor hazard
  • 500,000 OFWs to benefit POEA on-line transactions — Baldoz
  • 25 distressed OFWs return home from Riyadh
©2025 Philippines Today | Design: Newspaperly WordPress Theme