LTFRB to transport groups: Submit formal petition on P2.00 jeepney fare hike | Inquirer News

LTFRB to transport groups: Submit formal petition on P2.00 jeepney fare hike

By: - Reporter / @zacariansINQ
/ 10:25 PM August 22, 2023

 

The LTFRB and jeepney operators on P2 fare hike petition

MANILA, Philippines — The Land Transportation Franchising and Regulatory Board (LTFRB) on Tuesday told concerned transport groups to formally file a petition for the proposed P2 jeepney fare hike, instead of just a letter of request.

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In a statement on Tuesday, the LTFRB said it already conducted a hearing on the proposal, and that LTFRB chairman Atty. Teofilo Guadiz III assured the transport groups that the agency remains open to requests for a fare hike amid the rising price of petroleum products.

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“Bukas ang tanggapan ng ahensya sa mga hiling ng transport group sa gitna ng mataas na presyo ng mga produktong petrolyo. Gayunman, kinakailangan din muna balansehin ang epekto nito para sa mga komyuter,” Guadiz said.

(The agency’s office is open to requests from transport groups amid rising prices of petroleum products. However, it is also necessary to balance its impact to commuters.)

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Hence, Guadiz urged the transport groups to course their request through the appropriate process under the Public Service Act, by filing a formal petition within five days.

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“Malugod ding tatanggapin ng LTFRB ang komento at suhestyon mula sa panig ng mga komyuter sakaling maihain ang petisyon ng mga nasabing transport group,” the LTFRB statement added.

(The LTFRB will also receive comments and suggestions from commuters once the formal petition is filed by the transport groups.) 

The Liga ng Transportasyon at Operators sa Pilipinas, Pagkakaisa ng mga Tsuper at Operators Nationwide, Stop and Go Transport Coalition, and Federation of Jeepney Operators and Drivers Association of the Philippines earlier submitted a letter of request to the LTFRB to formally ask for a fare increase. 

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LTFRB looks into petition for P2 jeepney fare hike

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TAGS: fare, Fare hike, jeepney, LTFRB

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