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Tuesday, March 19, 2024

LTFRB grants P1 jeepney fare hike

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Land Transportation Franchising and Regulatory Board (LTFRB) Chairman Martin Delga announces the approval of a one-peso provisional increase in jeepney fare. 

This means that minimum fare hike will return to P 8 from the current P 7. 

The fare hike is in response to the petition filed by transport group ACTO last year.

The adjustment will take effect on February 8 or on Wednesday.

It will cover Metro Manila, Region 3 and 4.

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Delgra cites the rising diesel prices and cost of living as reasons for the granting the request.

 

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