A train departs from Naga to Legazpi City at dawn, passing through vast fields of palay and picturesque landscapes in the Bicol region.
The Philippine National Railways (PNR) aims to revive its services, not just for passengers, but for cargo, with a proposed P5-billion plan to transport goods, particularly benefiting local farmers.
This initiative could drastically reduce freight costs, offering a lifeline to Bicol’s agricultural sector, where logistics expenses heavily impact farmers’ profits.
The PNR hopes to secure funding and begin cargo operations by 2025, marking a potential turning point for regional development.
As the PNR waits for approval, farmers are hopeful for a future where their produce can reach markets more efficiently and affordably.
Source : PhilNews24 | August 21, 2024
Latest from Business
Davao City has welcomed its first all-electric taxi service as Vietnamese company Green GSM launched its
The Department of Agriculture (DA) has approved the importation of live hogs, pork, and by-products from
The Philippines’ garment exports are projected to reach $1 billion this year, an 11-percent increase from
Shopee celebrates its 10th anniversary with the release of its first impact report, Shopee: A Decade
The Energy Regulatory Commission (ERC) is set to decide on the recovery of around ₱34.5 billion
