- Philippine Regulators Balk at Cutting Toll Rates to Sanction Concessionaire
- These are just some of the toll industry developments TRN is following.
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Philippine Regulators Balk at Cutting Toll Rates to Sanction Concessionaire
Philippine Daily Inquirer reports, the country’s Toll Regulatory Board yesterday decided not to act immediately on a proposal to cut tolls on a section of the South Luzon Expressway (SLEx) that has become congested on account of road construction. A board spokesman said members were unsure of the legal basis for the action, and he noted, “[T]his is the first time, if ever, that we would be penalizing a concessionaire for road works meant to improve the safety and convenience of the expressway.”Issues of Law Philippines San Miguel Corporation (South Luzon Tollway)
These are just some of the toll industry developments TRN is following.
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