A group of TNVS drivers and operators has welcomed the LTFRB's decision to ease the requirements in securing a vehicle franchise as this will translate to generation of more jobs for the transport sector.
A group of Transport Network Vehicle Services drivers and operators has welcomed the Land Transportation Franchising and Regulatory Board’s decision to ease the requirements in securing a vehicle franchise as this will translate to generation of more jobs for the transport sector.
“With this favorable development, our dream of reliably serving the riding public and generating more jobs for the Filipinos with ease is a step closer to turning into reality,” she said.—which is issued by a bank or financial institution — as a requirement in securing a CPC as part of the agency's commitment to comply with the tenets of Republic Act 11032 or Ease of Doing Business and Efficient Government Delivery Service Act of 2018.
A COC was required by the LTFRB in CPC applications in cases wherein the vehicle is not yet fully paid.
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