The Land Transportation Franchising and Regulatory Board (LTFRB) is set to announce next week its decision on the provisional jeepney fare hike.
"Tuesday po, definitely in the afternoon, after the hearing po, maglalabas kami ng aming desisyon," LTFRB chairman Teofilo Guadiz said on Thursday. [Translation: Tuesday, definitely in the afternoon, after the hearing, we will release our decision.]
Guadiz said the board is also getting a comment from the National Center for Commuter Safety and Protection, which supports a temporary fare increase as long as it will only be at ₱1. [Translation: The increase in the minimum wage absorbed the increase in our fare. We are balancing what's necessary.] While the regulator hinted that it is inclined to grant the provisional fare hike due to soaring pump prices, it said the only question is by how much, especially in light of the numerous petitions by different transport organizations.
Indonesia Berita Terbaru, Indonesia Berita utama
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