Yanson: Mass transport key to economic growth
THE owner of the biggest bus conglomerate in the Philippines said efficient mass transportation was key to economic growth.
Businesswoman Olivia Yanson, cofounder of the Yanson Group of Bus Companies (YGBC), said they were committed to helping the government facilitate people’s mobility to travel for work or leisure to spur economic activities.
“Mobility directly translates into a bigger demand for public transport. The Yanson Group commits to providing safe, dependable and affordable transport solutions,” said the Yanson matriarch during the annual stockholders’ meeting of Goldstar Bus Transit Inc. (GBTI) in Bacolod City on Feb. 5, 2024.
GBTI executives Olivia Yanson, Leo Rey Yanson, Ginnette Dumancas, Collin Derk Isidro, Hernan Omecillo and Danny Lorenton were reelected as members of the board during the stockholders’ meeting.
An organizational meeting followed, and the board reappointed Leo Rey Yanson as chairman and president and Olivia as treasurer and corporate secretary of the bus company.
Meanwhile, Ceres Transport Inc. (CTI) held a separate stockholders’ meeting on the same date. Reelected board members were Olivia Yanson, Leo Rey Yanson, Ginnette Dumancas, Charles Dumancas, Rey Ardo, Daniel Nicolas Golez, Arvin John Villaruel, Anita Chua, Joseph Ellery Villanueva, Hernan Omecillo and Alfredo Ligo.
The newly elected CTI directors reappointed Leo Rey Yanson as chairman and president and Olivia as treasurer and corporate secretary.
GBTI and CTI belong to YGBC, the biggest bus conglomerate in the Philippines.