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Petisyon para sa fare hike, diringgin ng LTFRB sa Feb. 19
PTVPhilippines
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2/16/2025
Petisyon para sa fare hike, diringgin ng LTFRB sa Feb. 19
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Transcript
Display full video transcript
00:00
The Land Transportation Franchising and Regulatory Board
00:04
filed a petition to raise the minimum fee to Php 15.
00:10
The LTFRB held a hearing on Wednesday, February 19
00:15
and invited all stakeholders to attend the hearing.
00:19
According to the agency, the petition was submitted by transport groups in October 2023
00:25
but the agency did not take action immediately.
00:28
Instead, they gave a provisional increase
00:32
and raised Php 13 to the previous Php 12 of the minimum fare.
00:37
The LTFRB assured that one of the main factors in their decision
00:41
is the trend in the price of oil, inflation rate
00:44
and the overall effect on the economy of the fare hike.
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