April 22, 2018, 2:55 am
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1 Philippine Peso = 0.07053 UAE Dirham
1 Philippine Peso = 1.99923 Albanian Lek
1 Philippine Peso = 0.03418 Neth Antilles Guilder
1 Philippine Peso = 0.38677 Argentine Peso
1 Philippine Peso = 0.02467 Australian Dollar
1 Philippine Peso = 0.03418 Aruba Florin
1 Philippine Peso = 0.03841 Barbados Dollar
1 Philippine Peso = 1.59228 Bangladesh Taka
1 Philippine Peso = 0.03034 Bulgarian Lev
1 Philippine Peso = 0.00724 Bahraini Dinar
1 Philippine Peso = 33.62742 Burundi Franc
1 Philippine Peso = 0.0192 Bermuda Dollar
1 Philippine Peso = 0.02503 Brunei Dollar
1 Philippine Peso = 0.13175 Bolivian Boliviano
1 Philippine Peso = 0.06526 Brazilian Real
1 Philippine Peso = 0.0192 Bahamian Dollar
1 Philippine Peso = 1.26032 Bhutan Ngultrum
1 Philippine Peso = 0.18403 Botswana Pula
1 Philippine Peso = 384.48243 Belarus Ruble
1 Philippine Peso = 0.03837 Belize Dollar
1 Philippine Peso = 0.02421 Canadian Dollar
1 Philippine Peso = 0.01858 Swiss Franc
1 Philippine Peso = 11.41406 Chilean Peso
1 Philippine Peso = 0.12052 Chinese Yuan
1 Philippine Peso = 52.12791 Colombian Peso
1 Philippine Peso = 10.7778 Costa Rica Colon
1 Philippine Peso = 0.0192 Cuban Peso
1 Philippine Peso = 1.71039 Cape Verde Escudo
1 Philippine Peso = 0.39282 Czech Koruna
1 Philippine Peso = 3.39601 Djibouti Franc
1 Philippine Peso = 0.11551 Danish Krone
1 Philippine Peso = 0.94891 Dominican Peso
1 Philippine Peso = 2.1798 Algerian Dinar
1 Philippine Peso = 0.24262 Estonian Kroon
1 Philippine Peso = 0.33916 Egyptian Pound
1 Philippine Peso = 0.52276 Ethiopian Birr
1 Philippine Peso = 0.01551 Euro
1 Philippine Peso = 0.03865 Fiji Dollar
1 Philippine Peso = 0.01348 Falkland Islands Pound
1 Philippine Peso = 0.01349 British Pound
1 Philippine Peso = 0.08525 Ghanaian Cedi
1 Philippine Peso = 0.89975 Gambian Dalasi
1 Philippine Peso = 172.80584 Guinea Franc
1 Philippine Peso = 0.14089 Guatemala Quetzal
1 Philippine Peso = 3.95007 Guyana Dollar
1 Philippine Peso = 0.15072 Hong Kong Dollar
1 Philippine Peso = 0.45249 Honduras Lempira
1 Philippine Peso = 0.11491 Croatian Kuna
1 Philippine Peso = 1.24505 Haiti Gourde
1 Philippine Peso = 4.8093 Hungarian Forint
1 Philippine Peso = 264.60534 Indonesian Rupiah
1 Philippine Peso = 0.06739 Israeli Shekel
1 Philippine Peso = 1.26727 Indian Rupee
1 Philippine Peso = 22.73862 Iraqi Dinar
1 Philippine Peso = 806.60649 Iran Rial
1 Philippine Peso = 1.91031 Iceland Krona
1 Philippine Peso = 2.37565 Jamaican Dollar
1 Philippine Peso = 0.01361 Jordanian Dinar
1 Philippine Peso = 2.06171 Japanese Yen
1 Philippine Peso = 1.92145 Kenyan Shilling
1 Philippine Peso = 1.32194 Kyrgyzstan Som
1 Philippine Peso = 76.97331 Cambodia Riel
1 Philippine Peso = 7.61206 Comoros Franc
1 Philippine Peso = 17.28442 North Korean Won
1 Philippine Peso = 20.40042 Korean Won
1 Philippine Peso = 0.00575 Kuwaiti Dinar
1 Philippine Peso = 0.01575 Cayman Islands Dollar
1 Philippine Peso = 6.25043 Kazakhstan Tenge
1 Philippine Peso = 158.93989 Lao Kip
1 Philippine Peso = 28.9034 Lebanese Pound
1 Philippine Peso = 2.99693 Sri Lanka Rupee
1 Philippine Peso = 2.50451 Liberian Dollar
1 Philippine Peso = 0.22892 Lesotho Loti
1 Philippine Peso = 0.05855 Lithuanian Lita
1 Philippine Peso = 0.01192 Latvian Lat
1 Philippine Peso = 0.02543 Libyan Dinar
1 Philippine Peso = 0.17577 Moroccan Dirham
1 Philippine Peso = 0.31452 Moldovan Leu
1 Philippine Peso = 0.94968 Macedonian Denar
1 Philippine Peso = 25.52333 Myanmar Kyat
1 Philippine Peso = 45.86134 Mongolian Tugrik
1 Philippine Peso = 0.15521 Macau Pataca
1 Philippine Peso = 6.76013 Mauritania Ougulya
1 Philippine Peso = 0.64144 Mauritius Rupee
1 Philippine Peso = 0.29902 Maldives Rufiyaa
1 Philippine Peso = 13.70175 Malawi Kwacha
1 Philippine Peso = 0.35007 Mexican Peso
1 Philippine Peso = 0.07459 Malaysian Ringgit
1 Philippine Peso = 0.22915 Namibian Dollar
1 Philippine Peso = 6.87536 Nigerian Naira
1 Philippine Peso = 0.59554 Nicaragua Cordoba
1 Philippine Peso = 0.14884 Norwegian Krone
1 Philippine Peso = 2.01652 Nepalese Rupee
1 Philippine Peso = 0.02629 New Zealand Dollar
1 Philippine Peso = 0.00739 Omani Rial
1 Philippine Peso = 0.0192 Panama Balboa
1 Philippine Peso = 0.06176 Peruvian Nuevo Sol
1 Philippine Peso = 0.06241 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.21836 Pakistani Rupee
1 Philippine Peso = 0.06459 Polish Zloty
1 Philippine Peso = 106.04187 Paraguayan Guarani
1 Philippine Peso = 0.0699 Qatar Rial
1 Philippine Peso = 0.07223 Romanian New Leu
1 Philippine Peso = 1.16816 Russian Rouble
1 Philippine Peso = 16.22066 Rwanda Franc
1 Philippine Peso = 0.07202 Saudi Arabian Riyal
1 Philippine Peso = 0.14768 Solomon Islands Dollar
1 Philippine Peso = 0.25792 Seychelles Rupee
1 Philippine Peso = 0.34667 Sudanese Pound
1 Philippine Peso = 0.161 Swedish Krona
1 Philippine Peso = 0.02513 Singapore Dollar
1 Philippine Peso = 0.01349 St Helena Pound
1 Philippine Peso = 0.42646 Slovak Koruna
1 Philippine Peso = 146.53351 Sierra Leone Leone
1 Philippine Peso = 10.79316 Somali Shilling
1 Philippine Peso = 380.06338 Sao Tome Dobra
1 Philippine Peso = 0.16804 El Salvador Colon
1 Philippine Peso = 9.89015 Syrian Pound
1 Philippine Peso = 0.22917 Swaziland Lilageni
1 Philippine Peso = 0.599 Thai Baht
1 Philippine Peso = 0.04602 Tunisian Dinar
1 Philippine Peso = 0.04292 Tongan paʻanga
1 Philippine Peso = 0.07736 Turkish Lira
1 Philippine Peso = 0.12961 Trinidad Tobago Dollar
1 Philippine Peso = 0.56365 Taiwan Dollar
1 Philippine Peso = 43.7488 Tanzanian Shilling
1 Philippine Peso = 0.50259 Ukraine Hryvnia
1 Philippine Peso = 70.84694 Ugandan Shilling
1 Philippine Peso = 0.0192 United States Dollar
1 Philippine Peso = 0.54158 Uruguayan New Peso
1 Philippine Peso = 154.65719 Uzbekistan Sum
1 Philippine Peso = 1139.831 Venezuelan Bolivar
1 Philippine Peso = 437.43038 Vietnam Dong
1 Philippine Peso = 2.00538 Vanuatu Vatu
1 Philippine Peso = 0.04922 Samoa Tala
1 Philippine Peso = 10.16881 CFA Franc (BEAC)
1 Philippine Peso = 0.05185 East Caribbean Dollar
1 Philippine Peso = 10.16881 CFA Franc (BCEAO)
1 Philippine Peso = 1.83983 Pacific Franc
1 Philippine Peso = 4.79931 Yemen Riyal
1 Philippine Peso = 0.2292 South African Rand
1 Philippine Peso = 99.66391 Zambian Kwacha
1 Philippine Peso = 6.95026 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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