LTFRB makes P10 taxi fare cut provisionary again after transport groups protest
We hope they come to an agreement soon.
(SPOT.ph) The Land Transportation Franchising and Regulatory Board has taken back the permanent reduction of P10 from the taxi fare, reverting the P10 back to its provisionary status, Interaksyon.com reports.
On March 8, the Land Transportation Franchising and Regulatory Board (LTFRB) announced the approval of the permanent reduction of taxi fare nationwide. With P10 shaved off, the flag-down rate became P30, with P3.50 for every succeeding 500 meters and P3.50 for every 90 seconds of waiting time. This took effect on March 19.
The change led to protests from transport groups nationwide, with one group gathering in front of the LTFRB office in East Avenue, Quezon City. As a result, the LTFRB has decided to hear the motions for reconsideration on April 12. According to LTFRB Chairman Atty. Winston Ginez, the Board wishes to strike a balance that is beneficial to both the riding public and taxi operators and their drivers.
Photo from Topgear.com.ph.