Friday, 31 October 2008
The removal of the P10 additional rate for taxis will be tackled by the Land Transportation Franchising and Regulatory Board (LTFRB) in a hearing set on November 4, 2009. Based on a petition filed by the National Council for Consumer Protection (NCCP) in Manila together with a petition for fare reduction of P1.50 for public utility jeeps and P2 for public utility bus.
This is a good news to all Filipinos if the petition will be granted before the Christmas season starts. The board en banc will decide if whether the reduction will be higher or lower over the rate presented by the petitioner.
So htis means that a fare reduction will be implemented hopefully before the year ends, but they are not still sure of the amount to be reduced yet. But still a fare reduction of any amount is still a good news.
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