LTFRB: Fare hike possible by September

The Land Transportation Franchising and Regulatory Board (LTFRB) said a new jeepney fare hike is “possible” by the first or second week of September.

According to the LTFRB, the public utility vehicle (PUV) operators already filed seven petitions for a fare hike after continuous oil price increase announcements.

Each petition submitted to their office will be subject to various hearings and will receive a position paper for the commuter group and the National Authority of Economics and Development (NEDA) to balance the economy before mandating a fare increase.

In the Laging Handa briefing, Liga ng Transportasyon at Operators ng Pilipinas (LTOP) President Orlando Marquez said that they already filed a proposal to the LTFRB for a P2.00 fare hike.

“Kami lahat dito ay dalawang piso ‘yung pakiusap na sana ay may idagdag,” he said.

Marquez added that they are appealing for a fare hike so that their fellow drivers will not look for other jobs.

“Kung kami naman ho ang di tataasan, baka bumalik ‘yung mga driver namin na pupunta na lang sa magiging mason na naman, karpintero, so marami hong mga trabaho ho ang pupuntahan nila,” he added.

Aside from jeepney operators, bus operators also submitted their resolution for fare price hike. –With reports from Karen Villanda/ Katrina Gracia Consebido-gb

Popular

PBBM: Launch of new dairy farm to boost local milk production, supply

By Ruth Abbey Gita-Carlos | Philippine News Agency President Ferdinand R. Marcos Jr. on Friday expressed optimism that the inauguration of the Farm Fresh Milk...

PBBM leads distribution of various aid to Aeta communities in Pampanga

By Brian Campued In celebration of the National Indigenous Peoples Month this October, President Ferdinand R. Marcos Jr. led the turnover of various forms of...

PBBM vows sustained recovery efforts in Cebu after deadly quake

By Brian Campued President Ferdinand R. Marcos Jr. on Thursday assured Cebuanos that the government will continue to provide assistance in Cebu as it reels...

PBBM to soldiers: Serve the citizenry, protect the homeland

By Dean Aubrey Caratiquet “Panata ito ng katapatan sa tungkulin at paninindigan para sa bayan.” At the oath-taking ceremony of 29 newly promoted generals and flag...