Hearing on fare hike petitions set today
The Land Transportation Franchising and Regulatory Board (LTFRB) is holding a hearing today to discuss various fare hike petitions from transport groups across the Philippines. The board aims to balance the needs of the transport sector with the financial burden on commuters amid global economic challenges.
Why it matters
Public transport fare adjustments directly impact the cost of living for the majority of the population and are a frequent source of social and economic tension.
MANILA, Philippines - Fare hike petitions will be discussed today by transport groups and the Land Transportation Franchising and Regulatory Board.
LTFRB Chairman Vigor Mendoza II said the 9 a.m. hearing covers almost all modes of public land transportation in the country.
Representing jeepneys are Piston and Manibela; for utility vehicle express, Metro Comet Transport Service Cooperative, 997 Sandigan Transport Cooperative and UV Express National Alliance of the Philippines.
Metro Comet Transport Service Cooperative and Light of Glory Transport Service Inc. will represent taxis; while for motorcycle taxis, United Transportation Coalition of the Philippines.
Listed transport groups have submitted fare hike petitions between March and July.
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