DOTr: Fare Hike a 'Last Resort' as Fuel Prices Surge
Bus groups said diesel prices have doubled since February and warned current ticket prices no longer cover operating costs.
6 Articles
6 Articles
As diesel cost soars, Palace says fare hikes ‘last resort’
MALACAÑANG on Tuesday said the call of transport groups to increase fares will be the “last resort” as bus operators pressed President Ferdinand Marcos Jr. to let them raise ticket prices, arguing that soaring fuel costs from the Middle East war threatened to make operations “impossible.” The cost of diesel, which powers most of the Southeast Asian country’s buses, has effectively doubled since the first US-Israeli strikes on Iran in February tr…
Palace: aid drivers first, fare hike is last resort
MANILA — Malacañang wants government assistance to public transport drivers and operators exhausted first before allowing higher fares, as soaring fuel prices intensify pressure on the transport sector and trigger renewed calls for fare adjustments. Palace Press Officer Claire Castro said the Marcos administration remains reluctant to pass higher operating costs on to commuters and […]
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