June 20, 2018, 1:39 pm
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1 Philippine Peso = 0.06897 UAE Dirham
1 Philippine Peso = 2.04526 Albanian Lek
1 Philippine Peso = 0.03404 Neth Antilles Guilder
1 Philippine Peso = 0.52113 Argentine Peso
1 Philippine Peso = 0.02544 Australian Dollar
1 Philippine Peso = 0.03343 Aruba Florin
1 Philippine Peso = 0.03756 Barbados Dollar
1 Philippine Peso = 1.57728 Bangladesh Taka
1 Philippine Peso = 0.03184 Bulgarian Lev
1 Philippine Peso = 0.00709 Bahraini Dinar
1 Philippine Peso = 32.88225 Burundi Franc
1 Philippine Peso = 0.01878 Bermuda Dollar
1 Philippine Peso = 0.02522 Brunei Dollar
1 Philippine Peso = 0.12883 Bolivian Boliviano
1 Philippine Peso = 0.07009 Brazilian Real
1 Philippine Peso = 0.01878 Bahamian Dollar
1 Philippine Peso = 1.277 Bhutan Ngultrum
1 Philippine Peso = 0.19573 Botswana Pula
1 Philippine Peso = 375.96244 Belarus Ruble
1 Philippine Peso = 0.03752 Belize Dollar
1 Philippine Peso = 0.02494 Canadian Dollar
1 Philippine Peso = 0.01868 Swiss Franc
1 Philippine Peso = 12.01146 Chilean Peso
1 Philippine Peso = 0.12169 Chinese Yuan
1 Philippine Peso = 54.86948 Colombian Peso
1 Philippine Peso = 10.59718 Costa Rica Colon
1 Philippine Peso = 0.01878 Cuban Peso
1 Philippine Peso = 1.78854 Cape Verde Escudo
1 Philippine Peso = 0.41869 Czech Koruna
1 Philippine Peso = 3.33333 Djibouti Franc
1 Philippine Peso = 0.12088 Danish Krone
1 Philippine Peso = 0.93052 Dominican Peso
1 Philippine Peso = 2.20053 Algerian Dinar
1 Philippine Peso = 0.25367 Estonian Kroon
1 Philippine Peso = 0.33502 Egyptian Pound
1 Philippine Peso = 0.51117 Ethiopian Birr
1 Philippine Peso = 0.01621 Euro
1 Philippine Peso = 0.03897 Fiji Dollar
1 Philippine Peso = 0.01426 Falkland Islands Pound
1 Philippine Peso = 0.01425 British Pound
1 Philippine Peso = 0.08833 Ghanaian Cedi
1 Philippine Peso = 0.87962 Gambian Dalasi
1 Philippine Peso = 169.05164 Guinea Franc
1 Philippine Peso = 0.14052 Guatemala Quetzal
1 Philippine Peso = 3.88526 Guyana Dollar
1 Philippine Peso = 0.14739 Hong Kong Dollar
1 Philippine Peso = 0.44866 Honduras Lempira
1 Philippine Peso = 0.1197 Croatian Kuna
1 Philippine Peso = 1.23812 Haiti Gourde
1 Philippine Peso = 5.22103 Hungarian Forint
1 Philippine Peso = 261.46479 Indonesian Rupiah
1 Philippine Peso = 0.06819 Israeli Shekel
1 Philippine Peso = 1.27817 Indian Rupee
1 Philippine Peso = 22.23474 Iraqi Dinar
1 Philippine Peso = 796.99531 Iran Rial
1 Philippine Peso = 2.05333 Iceland Krona
1 Philippine Peso = 2.4507 Jamaican Dollar
1 Philippine Peso = 0.01331 Jordanian Dinar
1 Philippine Peso = 2.06607 Japanese Yen
1 Philippine Peso = 1.89577 Kenyan Shilling
1 Philippine Peso = 1.28255 Kyrgyzstan Som
1 Philippine Peso = 75.84601 Cambodia Riel
1 Philippine Peso = 7.92488 Comoros Franc
1 Philippine Peso = 16.90141 North Korean Won
1 Philippine Peso = 20.8492 Korean Won
1 Philippine Peso = 0.00568 Kuwaiti Dinar
1 Philippine Peso = 0.0154 Cayman Islands Dollar
1 Philippine Peso = 6.40488 Kazakhstan Tenge
1 Philippine Peso = 157.33333 Lao Kip
1 Philippine Peso = 28.26291 Lebanese Pound
1 Philippine Peso = 3.00282 Sri Lanka Rupee
1 Philippine Peso = 2.66254 Liberian Dollar
1 Philippine Peso = 0.2584 Lesotho Loti
1 Philippine Peso = 0.05725 Lithuanian Lita
1 Philippine Peso = 0.01165 Latvian Lat
1 Philippine Peso = 0.02546 Libyan Dinar
1 Philippine Peso = 0.17921 Moroccan Dirham
1 Philippine Peso = 0.31576 Moldovan Leu
1 Philippine Peso = 0.99324 Macedonian Denar
1 Philippine Peso = 25.69014 Myanmar Kyat
1 Philippine Peso = 45.33333 Mongolian Tugrik
1 Philippine Peso = 0.15181 Macau Pataca
1 Philippine Peso = 6.66667 Mauritania Ougulya
1 Philippine Peso = 0.65765 Mauritius Rupee
1 Philippine Peso = 0.29239 Maldives Rufiyaa
1 Philippine Peso = 13.39812 Malawi Kwacha
1 Philippine Peso = 0.3853 Mexican Peso
1 Philippine Peso = 0.07515 Malaysian Ringgit
1 Philippine Peso = 0.25797 Namibian Dollar
1 Philippine Peso = 6.74178 Nigerian Naira
1 Philippine Peso = 0.59151 Nicaragua Cordoba
1 Philippine Peso = 0.15379 Norwegian Krone
1 Philippine Peso = 2.0385 Nepalese Rupee
1 Philippine Peso = 0.0272 New Zealand Dollar
1 Philippine Peso = 0.00723 Omani Rial
1 Philippine Peso = 0.01878 Panama Balboa
1 Philippine Peso = 0.06164 Peruvian Nuevo Sol
1 Philippine Peso = 0.06142 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.28545 Pakistani Rupee
1 Philippine Peso = 0.06993 Polish Zloty
1 Philippine Peso = 106.70047 Paraguayan Guarani
1 Philippine Peso = 0.06835 Qatar Rial
1 Philippine Peso = 0.07565 Romanian New Leu
1 Philippine Peso = 1.1966 Russian Rouble
1 Philippine Peso = 15.95174 Rwanda Franc
1 Philippine Peso = 0.07042 Saudi Arabian Riyal
1 Philippine Peso = 0.14841 Solomon Islands Dollar
1 Philippine Peso = 0.25277 Seychelles Rupee
1 Philippine Peso = 0.33719 Sudanese Pound
1 Philippine Peso = 0.16718 Swedish Krona
1 Philippine Peso = 0.02548 Singapore Dollar
1 Philippine Peso = 0.01426 St Helena Pound
1 Philippine Peso = 0.41701 Slovak Koruna
1 Philippine Peso = 149.29577 Sierra Leone Leone
1 Philippine Peso = 10.57277 Somali Shilling
1 Philippine Peso = 397.4216 Sao Tome Dobra
1 Philippine Peso = 0.16432 El Salvador Colon
1 Philippine Peso = 9.67099 Syrian Pound
1 Philippine Peso = 0.25817 Swaziland Lilageni
1 Philippine Peso = 0.61446 Thai Baht
1 Philippine Peso = 0.04845 Tunisian Dinar
1 Philippine Peso = 0.04326 Tongan paʻanga
1 Philippine Peso = 0.08905 Turkish Lira
1 Philippine Peso = 0.12487 Trinidad Tobago Dollar
1 Philippine Peso = 0.56648 Taiwan Dollar
1 Philippine Peso = 42.59155 Tanzanian Shilling
1 Philippine Peso = 0.49596 Ukraine Hryvnia
1 Philippine Peso = 72.33803 Ugandan Shilling
1 Philippine Peso = 0.01878 United States Dollar
1 Philippine Peso = 0.59211 Uruguayan New Peso
1 Philippine Peso = 147.69953 Uzbekistan Sum
1 Philippine Peso = 1498.59155 Venezuelan Bolivar
1 Philippine Peso = 429.12676 Vietnam Dong
1 Philippine Peso = 2.02911 Vanuatu Vatu
1 Philippine Peso = 0.04869 Samoa Tala
1 Philippine Peso = 10.62592 CFA Franc (BEAC)
1 Philippine Peso = 0.0507 East Caribbean Dollar
1 Philippine Peso = 10.62592 CFA Franc (BCEAO)
1 Philippine Peso = 1.92432 Pacific Franc
1 Philippine Peso = 4.69202 Yemen Riyal
1 Philippine Peso = 0.25823 South African Rand
1 Philippine Peso = 97.4554 Zambian Kwacha
1 Philippine Peso = 6.79624 Zimbabwe dollar

2nd gen keeps jeepney tradition alive

Francisco Motors Corp. (FMC), the pioneer in jeepney manufacturing in the Philippines, is not about to let the iconic king of the road fade away from the market amid talks of modernizing public transportation.

FMC has formed a new company,  Elmer Francisco Industries (EFI) led by Elmer, the second generation of the Franciscos, for the production of a brand new model of its jeepney.

Under the registered trade name Francisco passenger jeepney or FPJ,  this modern jeepney that is compliant to the standards set by the Department of Transportation and the Department of Trade and Industry  under the Public Utility Vehicle (PUV) modernization program. 

Through its manufacturing facility at the FTI-Special Economic Zone and proposed expansion plant in Mindanao, EFI will produce jeepney variants that are powered by either an electric powertrain or  a Euro 4 compliant diesel engine. 

EFI’s latest venture will  boost the market for both electric-powered (QEV Tech) and Euro IV compliant diesel (Isuzu) powered jeepneys. 

The FPJ is manufactured to be environment-friendly and will operate for the convenience and safety of the riding public. 

Among the convenience features of FPJ are free Wi-Fi, CCTV cameras, automated fare collection, air-conditioning for some units, speed limiters, among others.

“We are honored to be part of this historic moment in our country’s history. For decades, the Francisco passenger jeepney has been an icon in the Philippine transport industry. Our entry into the next generation PUV is our show of commitment that Francisco is here to stay and will continue with our commitment to serve the public with our new line of FPJs,” said Elmer Francisco, founder and chairman of EFI.

According to Francisco, EFI would carry that same 71 years of tradition and experience in jeepney that his father, Jorge and uncle Fernando , had started. 

FMC started as a small shop that specialized in painting jeepneys in 1947 before becoming a reputable jeepney body builder. 

Through the years, FMC has been synonymous to the jeepney. In  2017, government launched the PUV modernization program which aims  to make the country’s public transportation system efficient and environmentally friendly by 2020.

To this day, there is still a lot of apprehension about the program.

FMC through EFI is one of the players which have responded to government’s call to modernize the jeepney. Unlike other players, EFI chose to keep the traditional design. 

“The classic and iconic jeepney design is already a part of our Filipino culture. Anywhere in the world, when you say jeepney, even foreigners will identify it with the Philippines,” said Francisco. 

Francisco said EFI was formed as a new corporation to qualify for registration with the Philippine Economic Zone Authority and avail of incentives, thus enabling  it to  lower the cost of production and offer lower selling price for the FPJ.

 EFI will be registered under the new domestic market enterprise of PEZA which allows 100 percent sales for domestic market for 10 years and extendable to another 10 years. 

Francisco said the company would use those 10 years as  incubation period in preparation for export,

EFI is setting up two  new manufacturing plants both inside PEZA economic zones. One is at FTI in Taguig and the other one is at PHIVIDEC in Misamis Oriental.

Under the plan, EFI will participate in both  Class II and Class III segments of the eco-PUV program. Class 2 are PUVs that can accommodate  23 and more passengers – both seated and standing. Class 3 PUV is similar to Class 2 minus the standing passengers

According to Francisco, EFI will be able to produce 50 jeepneys per month for the    next 6 to 8months. At full capacity, EFI , can produce up to 3,600 jeepneys per month. 

By introducing FPJ to the public, EFI intends to focus on providing competitively-priced brand new jeepneys that would replace outdated jeepneys with units that are compliant to the Clean Air Act.

EFI has also partnered with technology service provider I-Pay MYEG Philippines Inc. (MYEG Philippines) to provide its Automated Fare Collection System (AFCS) designed for the FPJ.

The integrated ticketing system will utilize multi payment platforms that allows instant payment for jeepney passengers through e-wallet, NFC cards and QR payment methods.

The AFCS holds all solutions to automate and go seamless in the collection of fare payments. 

The real-time AFC System focuses on helping operators to increase efficiency and reduce operating costs.

 Embedding the AFCS technology into the PUV modernization program largely benefits operators by ensuring daily collection for them and enabling financial institution to have a facility to collect amortization on their behalf.  
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