LTFRB revives fixed pick-up rate system for TNVS
The Philippines' LTFRB has revived a fixed pick-up rate system for ride-hailing services to balance the interests of drivers and commuters. This measure follows the implementation of a price cap on booking fees for app-based taxis.
Why it matters
The policy aims to stabilize transportation costs and resolve conflicts between traditional taxi operators and ride-hailing platforms.
Manila Bulletin - LTFRB revives fixed pick-up rate system for TNVS
LTFRB revives fixed pick-up rate system for TNVS
The fixed pick-up rate for TNVS was briefly implemented during the recent Christmas season
The revival of the fixed pick-up rate is under the LTFRB Memorandum Circular 2026-059 which will take effect after the publication of the newspaper of general circulation
The revival of TNVS fixed pick-up rate came after the LTFRB implements a P60 price cap for app-based taxis
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