00:00 PTV is back with news now.
00:03 A new airline will operate in the Bagsaboro Autonomous Region in Muslim Mindanao starting April 24.
00:11 It is managed by Federal Airways Incorporated,
00:15 which is planning to connect the mainland barm to the islands of Lalawigan and strengthen the economy, tourism and jobs in the region.
00:24 The opening of the airline in the barm is expected to attract more investors and will contribute to the continued growth of the population.
00:33 The government is now rushing to recover the operation of Cavitex from Cavitex Infrastructure Corporation or CIC,
00:41 a subsidiary of the Metro Pacific owned by businessman Manny Pagilinan.
00:48 According to the Public Estates Authority, Tolway Corporation, Officer-in-Charge, Juscoro Esteban Jr.,
00:54 they have repeatedly sent notices to the operator of Cavitex to return the operation of the expressway but it is still in a stalemate.
01:04 Because of this, the government has lost Php 2.4 billion since last year.
01:11 The franchise period of the operator of the expressway started in 1998 and it should have ended by 2023.
01:18 It is also in agreement that the government will return the responsibility to Cavitex if the value of the investment is recovered.
01:26 The petitioner in the Court of Appeals, Piazzi, has already asked for the release of Rit of Mandamus
01:32 so that the CIC can return the operation of the expressway to the government, along with the collection of the tollway.
01:40 They have put a modular booth without POS.
01:46 The person pays, the vehicle passes by, and the other person pays.
01:51 They pay but the income of the toll operation is not included in their report.
01:59 The private company, which is not an original joint venture of the Philippines,
02:06 entered the country without the knowledge of the Philippines.
02:11 It's earning more.
02:14 And those are the news for this time.
02:17 For other updates, like and follow us on our social media accounts.
02:21 I am Dominic Alvelor for Pambansang TV in Bagong, Philippines.
02:26 Good afternoon.
02:27 Japan.
02:27 [MUSIC PLAYING]
