As part of a push to win retail investors back from online gambling and crypto, PSE president and CEO Ramon Monzon is courting listings from consumer-facing names — among them Angkas, the Creador-backed motorcycle taxi platform, which he said plans to go public as early as this year and could draw in its own passengers and partner riders as shareholders. The exchange counts just 3.64 million stock market accounts against roughly 10 million online gambling accounts.
As part of a push to win retail investors back from online gambling and crypto, PSE president and CEO Ramon Monzon is courting listings from consumer-facing names — among them Angkas, the Creador-backed motorcycle taxi platform, which he said plans to go public as early as this year and could draw in its own passengers and partner riders as shareholders. The exchange counts just 3.64 million stock market accounts against roughly 10 million online gambling accounts.
Transportation Secretary Vince Dizon said the DOTr will issue a Department Order letting motorcycle taxis operate legally while a permanent law remains pending, on condition that operators comply with the department's recent road safety order and existing roadworthiness and driver-qualification standards. The move followed his meeting with Angkas founder George Royeca, who called it a win for the thousands of riders who depend on MC taxis for a living and pushed for motorcycles to be folded into the national transport plan.
Transportation Secretary Vince Dizon said the DOTr will issue a Department Order letting motorcycle taxis operate legally while a permanent law remains pending, on condition that operators comply with the department's recent road safety order and existing roadworthiness and driver-qualification standards. The move followed his meeting with Angkas founder George Royeca, who called it a win for the thousands of riders who depend on MC taxis for a living and pushed for motorcycles to be folded into the national transport plan.
With the MC taxi pilot program having wrapped in 2024 and the Motorcycle Taxi Bill still stuck in Congress, the DOTr under Sec. Vince Dizon moved to prepare a Department Order keeping motorcycle taxis legally operating in the interim. The action followed a direct appeal from Angkas founder and Angkasangga first nominee George Royeca, who framed the order as a stopgap protecting rider income and commuter access while a permanent legislative framework is pursued.
With the MC taxi pilot program having wrapped in 2024 and the Motorcycle Taxi Bill still stuck in Congress, the DOTr under Sec. Vince Dizon moved to prepare a Department Order keeping motorcycle taxis legally operating in the interim. The action followed a direct appeal from Angkas founder and Angkasangga first nominee George Royeca, who framed the order as a stopgap protecting rider income and commuter access while a permanent legislative framework is pursued.
