Quantcast
Article Index |Advertise | Mobile | RSS | Wireless | Newsletter | Archive | Corrections | Syndication | Contact us | About Us| Services
 
  Breaking News :    
Advertisement
Robinsons Land Corp.
Sta Lucia Realty

INQUIRER ALERT
Get the free INQUIRER newsletter
Enter your email address:

 
Breaking News / Regions Type Size: (+) (-)
You are here: Home > News > Breaking News > Regions

  ARTICLE SERVICES      
     Reprint this article     Print this article  
    Send as an e-mail     Send Feedback  
    Post a comment   Share  





imns



Provincial buses petition for fare hike

By Abigail Kwok
INQUIRER.net
First Posted 17:48:00 07/22/2008

Filed Under: Road Transport, Consumer Issues, Oil & Gas - Downstream activities

MANILA, Philippines -- Provincial bus operators filed on Tuesday a petition for a fare increase due to the continued escalation of fuel prices.

The petition filed by Homer Mercado, president of the Provincial Bus Operations Association of the Philippines (PBOAP), with the Land Transportation Franchising and Regulatory Board (LTFRB) office in Quezon City, asking for a P2.50 per kilometer fare for ordinary buses and a P3 per kilometer fare for air-conditioned carriers.

In a phone interview, Mercado said they last increased their fares in 2005.

Current provincial bus rates are P1.40 per kilometer for ordinary buses and P1.70 per kilometer for air-conditioned buses.

“Current diesel prices are pegged at P57.48 [a liter] and oil companies are saying that there is P8 more under recovery, so we’re looking at a P65 [per liter] diesel price,” Mercado said.

He also appealed to passengers to understand because, “Wala kaming magagawa kasi negative na talaga ang kita namin [There is nothing more we can do because our earnings are negative].”

Last July 8, the National Economic Development Authority (NEDA) and LTFRB approved a provisional fare increase for Metro Manila buses, putting the rates at P10 for the first five kilometers for ordinary buses plus an additional P0.20 for the succeeding kilometers, while air-conditioned buses increased their fares 20 percent.

Both agencies also granted a fare increase for jeepneys nationwide, pegging the rates at P8.50 for the first four kilometers and P1.50 for each succeeding kilometer.

Taxis have also been granted a P10 add-on to their meter fare. This will take effect on July 25.



Copyright 2009 INQUIRER.net. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.



Share


OTHER STORIES:



  ^ Back to top

© Copyright 2001-2009 INQUIRER.net, An INQUIRER Company

The INQUIRER Network: HOME | NEWS | SPORTS | SHOWBIZ & STYLE | TECHNOLOGY | BUSINESS | OPINION | GLOBAL NATION | Site Map
Services: Advertise | Buy Content | Wireless | Newsletter | Low Graphics | Search / Archive | Article Index | Contact us
The INQUIRER Company: About the Inquirer | User Agreement | Link Policy | Privacy Policy

Advertisement
Megaworld
Filinvest
Property Guide
Xoom
Inquirer VDO