Operator of LRT-1 ready to face probe after Duterte’s new rants

THE operator of Light Rail Transit Line 1 (LRT-1) is ready to cooperate should the government push through with an investigation into an alleged irregularity in its concession agreement.

Light Rail Manila Corp. (LRMC) issued the statement after President Rodrigo R. Duterte said in a speech last week that he wanted a review of the government’s contract with the company on the operations of LRT-1.

“LRMC will cooperate with the government if there is an inquiry on its concession agreement. LRMC remains committed to providing a safe, reliable, efficient, and comfortable transportation service to the commuting public within its area of operations,” Jacqueline Gorospe, the company’s corporate communications head, said in a phone message to BusinessWorld on Monday. READ MORE


PSEI is staring below 7500 today or it might bounce back for a Pullback
MWC Will continue taking punches after the President remarks
MPI as AC will continue its fall – we will wait for a Value Price
AC Break Down have started and now we are looking at 600


  • President made several remarks over the weekend and this for sure makes the investors fear for more falls
  • We should see more falls in the coming weeks as the President cleans up the economy
  • We at FINWAZE feels safe investing in the market as the President clears the speculators and drive them to somewhere else
  • We should see more genuine investors investing the PSE in the long term


  1. storno brzinol 7 months ago

    You completed some nice points there. I did a search on the theme and found most persons will have the same opinion with your blog.

  2. I believe this site has very good pent written content content.

  3. togel website 3 months ago

    It’s exhausting to find educated people on this topic, however you sound like you recognize what you’re speaking about! Thanks

  4. Merkurymarket 3 months ago

    I’ve been browsing online greater than three hours as of late, but I by no means found any attention-grabbing article like yours. It?¦s lovely worth sufficient for me. In my opinion, if all website owners and bloggers made just right content as you probably did, the internet will probably be much more helpful than ever before.

Leave a reply

Your email address will not be published. Required fields are marked *



We're not around right now. But you can send us an email and we'll get back to you, asap.


FINWAZE makes no representations or warranties, express or implied, in relation to this website (www.finwaze.com) or the information and materials provided on this website. It does not also warrants that this website will be constantly available or available at all times. The information on this website is complete, true, accurate or non-misleading. Nothing on this website constitutes, or is meant to constitute, advice of any kind. FINWAZE shall not be liable for any damage or injury, whether direct or indirect, that it may cause in relation to the contents of, or use of, or otherwise in connection with this website. By using this website, you agree to the reasonableness of the limitations of liabilities herein set out and further agree to assume whatever risk, loss, damage or injury in may cause in connection to the use of this website. No claims shall be brought personally against the officers and employees of FINWAZE, in connection with the use of this website. The user of this website agree to the limitations of warranties and liabilities herein set out to protect the officers, employees, agents, subsidiaries, successors, assigns and sub-contractors as well as FINWAZE. Any unenforceable provisions that may be found on this website under applicable law shall not affect the enforceability of the other provisions.

Legal Documents  |  ©2022 Finwaze Philippines

Pin It on Pinterest

Share This

Log in with your credentials

Forgot your details?