MANILA, PHILIPPINES — In a statement released by the Land Transportation Franchising and Regulatory Board (LTFRB) on Friday, several modes of public transport will experience fare hikes beginning October 1, 2022.

LTFRB has approved a Php 1 provisional increase for Traditional and Modern PUJ fares, making the minimum fare Php 12 and Php 14, respectively. An additional Php 0.30 per succeeding kilometer for TPUJ and Php 0.40 for MPUJ will also be implemented.

Meanwhile, for PUBs, the Board has approved a Php 2 fare increase for city and provincial buses for the first 5 kilometers and Php 0.35 to Php 0.50 for the succeeding kilometers, depending on the bus type.

The flag-down rates for taxis and transport network vehicle service (TNVS) have also increased by Php 5, but no increase in the succeeding kilometers.

The minimum fare for Taxis and Sedan-Type TNVS will be Php 45, while AUV/SUB types TNVS will be Php 55. Additionally, flag-down rates for hatchback-type TNVS will be Php 35.

Many transport groups have rallied for the increase of minimum fares for public utility vehicles since the rise in oil prices. 

In the statement, LTFBR said:

“The agency recognized the need for a fare increase following the continuing rise of oil prices and consulted the National Economic Development Authority (NED) and the Department of Energy on the matter.”

“In the decision released by LTRFB, the agency conducted a study thru its Franchise Planning and Monitoring Division (FPMD). The FPMD used the fare adjustment formula based on Memorandum Circular 2019-035, the opinion of different stakeholders, increasing operational cost of PUVs, and the opinion of the NEDA,” it added.

The 20 percent discount for Senior Citiznes, PWDs, and students are also still effective. – WhatALife!

Source: (1)

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