The government is considering lowering toll rates at the Manila-Cavite Expressway (CAVITEX) once the toll road becomes fully owned by the state through PEA Tollway Corporation (PEATC), officials said Thursday. PEATC President and CEO Delfin Torrecampo Jr. said toll reductions may be possible once government ownership of the expressway reaches 100 percent. “PEATC is the sole or the only government …
Read More »
The Market Monitor Minding the Nation's Business