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LTFRB Sets Hearing on Petition for P10 Jeepney Fare Hike
3 Articles
3 Articles
LTFRB sets hearing on petition for P10 jeepney fare hike
MANILA, Philippines — The Land Transportation Franchising and Regulatory Board (LTFRB) scheduled a public hearing on a petition filed by transport group Piston seeking a P10 increase in the minimum jeepney fare, its chairman said Tuesday.LTFRB Chairman Vigor Mendoza II said the petition would undergo formal review, with commuter groups and other stakeholders invited to submit their positions as part of the regulatory process.“I have already orde…
Due to the continuous increase in oil prices and the unabated cost of jeepney parts, PISTON has filed a petition with the Land Transportation Franchising and Regulatory Board for a ₱10 increase in the minimum fare. According to Mody Floranda, the petition is not intended to improve the income of drivers but to ensure that their service to the public continues. Meanwhile, PISTON hopes that the impact of the transport strike this April 21 will be …
Transport group calls for fare hike amid worsening economic conditions
Piston said fuel prices and maintenance costs have become significantly higher than in October 2023, when current fares were set, widening the gap between operating expenses and daily earnings. MANILA — Transport group Piston is seeking a P10 increase in the minimum public utility vehicle (PUV) fare as jeepney drivers and operators continue to suffer from economic losses due to what they described as inaction of the Ferdinand Marcos Jr. administ…
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