Another round of jeepney fare hike still possible — LTFRB
THE LAND Transportation Franchising and Regulatory Board (LTFRB) said another fare hike for public utility jeepneys (PUJ) is still possible as hearings on the petition of five transport groups for a P2 increase continue. In a message to Business World on Monday, the office of LTFRB Chairman Martin B. Delgra III said the P1 uptick on jeepney fares implemented last week is only a “provisional increase,” and the main petition for a fare hike will still undergo hearing. It added that a possible fare hike would depend on the conclusion of the hearing that has yet to be scheduled. On Friday, the LTFRB released a new jeepney fare matrix increasing the minimum fare for the first four kilometers in the National Capital Region and Regions 3 (Central Luzon) and 4 (Calabarzon) from P8 to P9.