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‘Iloilo modern jeepney coops face bankruptcy’; Congress, DOTr pressed for bailout

Summary by panaynews.net
ILOILO City – This city’s pioneering transport cooperatives, once hailed as models of compliance with the government’s Public Utility Vehicle Modernization Program (PUVMP), are now on the brink of collapse. Seven of the city’s 14 cooperatives are already past due on government bank loans, with several more teetering toward foreclosure, revealed Councilor Sedfrey Cabaluna, chair […]
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panaynews.net broke the news in on Thursday, October 2, 2025.
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