[ANALYSIS] The economics of jeepney modernization

  • 📰 rapplerdotcom
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 86%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

'Modernization promises many good things not just for passengers but also the drivers and operators themselves.' ThoughtLeaders

. Many lone operators can’t afford that amount and might ultimately decide to find another job instead . A cooperative can also buy only so many modern jeepneys, which means that there might be too many drivers in a cooperative sharing too few vehicles – another threat to drivers’ incomes.

It was only late last year that they began to recover, what with the reopening of the economy and the resumption of face-to-face classes. And now they’re expected to shell out huge sums for jeepney modernization.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines