The Caloocan City Local Inter-Agency Committee (LIAC) overseeing the relocation of families affected by the North and Southrail Linkages project said it has successfully cleared the city segment of the right of way for the Philippine National Railways (PNR).

THE government must have the approval of the Monetary Board, the policy-making board of the Bangko Sentral ng Pilipinas (BSP), and the National Economic and Development Authority (NEDA) in securing foreign loan to fund the multibillion-peso SouthRail Project.

House Speaker Prospero Nograles on Tuesday proposed that the Philippine National Railways (PNR) be privatized in a bid to “maximize [the] viability and operational efficiency” of the government-owned railway system.

SMALL businesses stand to gain from the revitalized Philippine National Railway (PNR), as entrepreneurs living in areas straddling the country’s train system can transport their products at a lower cost, the state monopoly said.