LTFRB decision on 50-centavo provisional jeepney fare hike out this week | Inquirer News

LTFRB decision on 50-centavo provisional jeepney fare hike out this week

/ 10:28 PM March 19, 2012

The Land Transportation Franchising and Regulatory Board (LTFRB) will decide within the week whether or not to approve the provisional 50-centavo fare hike being sought by jeepney transport groups nationwide.

At Monday’s Kapihan sa Diamond Hotel, LTFRB spokesperson Sonia del

Mundo said that officials of the transport board and Department of Transportation and Communications earlier informed the representatives of public utility jeepney organizations that they would make a decision this week because of the urgency of the matter.

Article continues after this advertisement

The provisional fare hike is in response to the P2 increase being sought by the transport groups. The petition is still pending before the LTFRB.

FEATURED STORIES

Del Mundo said that a hearing had been set on the matter to discuss data to be presented by the Departments of Trade and Industry and of Energy regarding movements in the prices of vehicle spare parts and fuel products.

According to her, should the LTFRB approve the provisional fare hike, it may take effect immediately.

Article continues after this advertisement

Asked if the move was aimed at putting an end to the protests being conducted by transport groups nationwide, Del Mundo replied: “It is okay to protest as long as they do not stage a strike.”

Article continues after this advertisement

She explained that if transport groups were to go on strike, they would be violating their certificate of public convenience. In addition, the privilege or franchise granted to their operators may be suspended or revoked, she told reporters.

Article continues after this advertisement

Last week, members of the Pagkakaisa ng mga Samahan ng Tsuper at Opereytors Nationwide (Piston) staged a transport caravan, which started in Quezon City and ended up in front of the offices of the so-called “Big 3” oil players in Makati City, to express their opposition to the series of hikes in the prices of petroleum products.

Aside from calling for a P9 price rollback, Piston also sought the repeal of the oil deregulation law and the suspension of the 12-percent Value Added Tax imposed on fuel products.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Fare hike, jeepneys, LTFRB, Philippines

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.