Posted inAT Finance, Japan, Northeast Asia, Philippines

Philippines reaches deal with Japan to fix troubled metro

The Philippines and Japan have reached a deal to rehabilitate and maintain Manila’s Metro Rail Transit (MRT), which has been plagued by reliability and capacity problems. The rail reportedly suffered from at least 500 disruptions last year. Phillippine Department of Transportation (DOTr) undersecretary for railways TJ Batan said on Tuesday that Japan has committed to […]