Yanson Group vows to help boost the economy with reliable transpo
The Yanson Group of Bus Companies (YGBC) has expressed its commitment to support the economic growth of the Southern Philippines, by expanding its transportation service in different land-based routes in the region.
During the company’s Stockholders Meeting held on January 20, 2024, in Cagayan de Oro, the Group’s newly-elected chairman and president Leo Rey Yanson emphasized the company’s thrust to help fuel the economic growth of Central Mindanao in terms of boosting passengers’ mobility and transportation access to agricultural products.
Likewise, a similar thrust will also be implemented in the Group’s home region—Visayas, reiterating its commitment to help sustain the growth and development of Visayas, including Cebu by providing dependable modes of transportation to people in the sectors of education, tourism, business, and the general public.
The Group’s subsidiary, the Mindanao Star Bus Transit Inc. (MSBTI) said it will support the economic growth of Central Mindanao in terms of boosting passengers’ mobility and transportation of agricultural products.
“Mindanao Star Bus is committed to spurring and sustaining social and economic activities in this region by providing safe, dependable, and affordable public transport,” said Yanson.
Central Mindanao or SOCCSARGEN (Region XII), which includes South Cotabato, Sultan Kudarat, Cotabato and Sarangani provinces, and General Santos City, is also the Philippines’ top tuna producer, accounting for 80 percent of the industry. The region is also famous for aquaculture products, livestock, and high-value crops.
Mindanao Star Bus serves major transport routes in SOCCSARGEN offering reliable and accessible transportation.
The re-elected MBSTI board members include Olivia V. Yanson, Leo Rey Yanson, GinnetteY. Dumancas, Charles Dumancas, Arvin John Villaruel and Rey Ardo. An organizational meeting followed, where Leo Rey Yanson was re-appointed as chairman and president, and Olivia V. Yanson as corporate secretary and treasurer, a company statement said.
Meanwhile, Yanson family matriarch Olivia V. Yanson led the annual stockholders’ meeting of Bachelor Express Inc. (BEI) on January 21, 2024.
BEI stockholders re-elected Olivia, Leo Rey Yanson, Ginnette Dumancas, Charles Dumancas, Arvin John Villaruel, Rey Ardo, Anita Chua, Daniel Nicolas Golez, Danny Lorenton, Hernan Omecillo and Alfredo Ligo Jr. as board members, the company said.
Following the election, the board re-appointed Leo Rey as president and CEO and Olivia Yanson as treasurer and corporate secretary.
Mindanao Star Bus and Bachelor Express are affiliates of the Yanson Group of Bus Companies, one of Southeast Asia’s largest transport conglomerates, providing direct livelihood to over 18,000 employees.
The Bacolod-based Yanson Group, whose units ply across Luzon, Visayas, andMindanao operates a fleet of over 4,000 buses with more than 18,000 employees across the country.
The company operates and owns Ceres Liner Travel and Tours, Inc., Ceres Transport, Inc., Mindanao Star Bus Transport, Inc., Bachelor Express, Inc., Southern Star Bus Transport Inc., Gold Star Bus Transit, Inc., and Rural Transit (Mindanao) Inc.