July 19, 2018, 11:36 am
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1 Philippine Peso = 0.0687 UAE Dirham
1 Philippine Peso = 2.01833 Albanian Lek
1 Philippine Peso = 0.03442 Neth Antilles Guilder
1 Philippine Peso = 0.51646 Argentine Peso
1 Philippine Peso = 0.02528 Australian Dollar
1 Philippine Peso = 0.0333 Aruba Florin
1 Philippine Peso = 0.03741 Barbados Dollar
1 Philippine Peso = 1.57108 Bangladesh Taka
1 Philippine Peso = 0.03151 Bulgarian Lev
1 Philippine Peso = 0.00707 Bahraini Dinar
1 Philippine Peso = 32.75309 Burundi Franc
1 Philippine Peso = 0.01871 Bermuda Dollar
1 Philippine Peso = 0.02527 Brunei Dollar
1 Philippine Peso = 0.12832 Bolivian Boliviano
1 Philippine Peso = 0.07203 Brazilian Real
1 Philippine Peso = 0.01871 Bahamian Dollar
1 Philippine Peso = 1.27899 Bhutan Ngultrum
1 Philippine Peso = 0.19255 Botswana Pula
1 Philippine Peso = 374.4856 Belarus Ruble
1 Philippine Peso = 0.03737 Belize Dollar
1 Philippine Peso = 0.02464 Canadian Dollar
1 Philippine Peso = 0.01868 Swiss Franc
1 Philippine Peso = 12.20576 Chilean Peso
1 Philippine Peso = 0.12563 Chinese Yuan
1 Philippine Peso = 53.5578 Colombian Peso
1 Philippine Peso = 10.55649 Costa Rica Colon
1 Philippine Peso = 0.01871 Cuban Peso
1 Philippine Peso = 1.77142 Cape Verde Escudo
1 Philippine Peso = 0.41506 Czech Koruna
1 Philippine Peso = 3.32024 Djibouti Franc
1 Philippine Peso = 0.11972 Danish Krone
1 Philippine Peso = 0.93303 Dominican Peso
1 Philippine Peso = 2.19981 Algerian Dinar
1 Philippine Peso = 0.25129 Estonian Kroon
1 Philippine Peso = 0.33389 Egyptian Pound
1 Philippine Peso = 0.51106 Ethiopian Birr
1 Philippine Peso = 0.01606 Euro
1 Philippine Peso = 0.03917 Fiji Dollar
1 Philippine Peso = 0.01429 Falkland Islands Pound
1 Philippine Peso = 0.01431 British Pound
1 Philippine Peso = 0.08962 Ghanaian Cedi
1 Philippine Peso = 0.88982 Gambian Dalasi
1 Philippine Peso = 168.66816 Guinea Franc
1 Philippine Peso = 0.14005 Guatemala Quetzal
1 Philippine Peso = 3.88103 Guyana Dollar
1 Philippine Peso = 0.1468 Hong Kong Dollar
1 Philippine Peso = 0.44747 Honduras Lempira
1 Philippine Peso = 0.1187 Croatian Kuna
1 Philippine Peso = 1.26057 Haiti Gourde
1 Philippine Peso = 5.20183 Hungarian Forint
1 Philippine Peso = 269.36027 Indonesian Rupiah
1 Philippine Peso = 0.06796 Israeli Shekel
1 Philippine Peso = 1.28159 Indian Rupee
1 Philippine Peso = 22.25963 Iraqi Dinar
1 Philippine Peso = 813.69248 Iran Rial
1 Philippine Peso = 1.99588 Iceland Krona
1 Philippine Peso = 2.43547 Jamaican Dollar
1 Philippine Peso = 0.01325 Jordanian Dinar
1 Philippine Peso = 2.11107 Japanese Yen
1 Philippine Peso = 1.8771 Kenyan Shilling
1 Philippine Peso = 1.27484 Kyrgyzstan Som
1 Philippine Peso = 75.70146 Cambodia Riel
1 Philippine Peso = 7.90311 Comoros Franc
1 Philippine Peso = 16.83502 North Korean Won
1 Philippine Peso = 21.15413 Korean Won
1 Philippine Peso = 0.00566 Kuwaiti Dinar
1 Philippine Peso = 0.01534 Cayman Islands Dollar
1 Philippine Peso = 6.4508 Kazakhstan Tenge
1 Philippine Peso = 157.22035 Lao Kip
1 Philippine Peso = 28.15189 Lebanese Pound
1 Philippine Peso = 2.98915 Sri Lanka Rupee
1 Philippine Peso = 3.00412 Liberian Dollar
1 Philippine Peso = 0.24822 Lesotho Loti
1 Philippine Peso = 0.05703 Lithuanian Lita
1 Philippine Peso = 0.01161 Latvian Lat
1 Philippine Peso = 0.02573 Libyan Dinar
1 Philippine Peso = 0.17723 Moroccan Dirham
1 Philippine Peso = 0.31076 Moldovan Leu
1 Philippine Peso = 0.98373 Macedonian Denar
1 Philippine Peso = 26.78638 Myanmar Kyat
1 Philippine Peso = 45.80995 Mongolian Tugrik
1 Philippine Peso = 0.15122 Macau Pataca
1 Philippine Peso = 6.64048 Mauritania Ougulya
1 Philippine Peso = 0.64347 Mauritius Rupee
1 Philippine Peso = 0.29125 Maldives Rufiyaa
1 Philippine Peso = 13.40105 Malawi Kwacha
1 Philippine Peso = 0.35353 Mexican Peso
1 Philippine Peso = 0.07589 Malaysian Ringgit
1 Philippine Peso = 0.24819 Namibian Dollar
1 Philippine Peso = 6.7153 Nigerian Naira
1 Philippine Peso = 0.58586 Nicaragua Cordoba
1 Philippine Peso = 0.15284 Norwegian Krone
1 Philippine Peso = 2.04293 Nepalese Rupee
1 Philippine Peso = 0.02753 New Zealand Dollar
1 Philippine Peso = 0.00719 Omani Rial
1 Philippine Peso = 0.01871 Panama Balboa
1 Philippine Peso = 0.06114 Peruvian Nuevo Sol
1 Philippine Peso = 0.06073 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.39618 Pakistani Rupee
1 Philippine Peso = 0.0692 Polish Zloty
1 Philippine Peso = 106.97905 Paraguayan Guarani
1 Philippine Peso = 0.06809 Qatar Rial
1 Philippine Peso = 0.07472 Romanian New Leu
1 Philippine Peso = 1.18 Russian Rouble
1 Philippine Peso = 15.95267 Rwanda Franc
1 Philippine Peso = 0.07015 Saudi Arabian Riyal
1 Philippine Peso = 0.14747 Solomon Islands Dollar
1 Philippine Peso = 0.25122 Seychelles Rupee
1 Philippine Peso = 0.33483 Sudanese Pound
1 Philippine Peso = 0.16573 Swedish Krona
1 Philippine Peso = 0.02554 Singapore Dollar
1 Philippine Peso = 0.0143 St Helena Pound
1 Philippine Peso = 0.41538 Slovak Koruna
1 Philippine Peso = 153.38571 Sierra Leone Leone
1 Philippine Peso = 10.68088 Somali Shilling
1 Philippine Peso = 393.68313 Sao Tome Dobra
1 Philippine Peso = 0.16367 El Salvador Colon
1 Philippine Peso = 9.633 Syrian Pound
1 Philippine Peso = 0.24845 Swaziland Lilageni
1 Philippine Peso = 0.62252 Thai Baht
1 Philippine Peso = 0.04952 Tunisian Dinar
1 Philippine Peso = 0.04351 Tongan paʻanga
1 Philippine Peso = 0.08966 Turkish Lira
1 Philippine Peso = 0.12587 Trinidad Tobago Dollar
1 Philippine Peso = 0.57159 Taiwan Dollar
1 Philippine Peso = 42.49906 Tanzanian Shilling
1 Philippine Peso = 0.49158 Ukraine Hryvnia
1 Philippine Peso = 69.56977 Ugandan Shilling
1 Philippine Peso = 0.01871 United States Dollar
1 Philippine Peso = 0.58277 Uruguayan New Peso
1 Philippine Peso = 145.09914 Uzbekistan Sum
1 Philippine Peso = 2239.05724 Venezuelan Bolivar
1 Philippine Peso = 431.12608 Vietnam Dong
1 Philippine Peso = 2.04265 Vanuatu Vatu
1 Philippine Peso = 0.04883 Samoa Tala
1 Philippine Peso = 10.52881 CFA Franc (BEAC)
1 Philippine Peso = 0.05051 East Caribbean Dollar
1 Philippine Peso = 10.52881 CFA Franc (BCEAO)
1 Philippine Peso = 1.90591 Pacific Franc
1 Philippine Peso = 4.67265 Yemen Riyal
1 Philippine Peso = 0.24818 South African Rand
1 Philippine Peso = 97.07258 Zambian Kwacha
1 Philippine Peso = 6.76955 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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