
Originally Posted by
machine.pistol
Actually there are 3 main requirements to satisfy before the LTFRB issues a franchise:
1. The applicant (if a natural person) is a Filipino citizen;
2. He or she is financially capable; and
3. He or she has a garage for his vehicles.
Of the 3, no. 1 is easiest to establish. Even a foreigner can get a franchise through a Filipino dummy.
No. 2 is hardly implemented by the LTFRB. It issues franchises left and right without regard as to whether the operator can maintain his/her fleet or compensate victims of the negligence of his/her drivers.
No. 3 is routinely ignored by LTFRB. Buses, jeepneys and taxis continue to be parked on streets.