11/02/2026
PHILTRANCO TO END 112-YEAR RUN
Philtranco Service Enterprises Inc. will reportedly cease all operations on March 30, 2026, ending a 112-year run as the country’s oldest bus operator, according to a memorandum dated February 2, 2026.
In a circulating memorandum, President and CEO Michael M. Sabban cited years of heavy financial losses that made the business unsustainable, calling the shutdown an “absolute last resort.”
The closure is expected to affect hundreds of workers, including drivers, conductors, and office staff.
📷Philtranco memorandum
-SunStar Davao