New taxi fare ma­trix pro­posed

Tempo - - News -

The Land Trans­porta­tion Fran­chis­ing and Reg­u­la­tory Board (LTFRB) is propos­ing a new fare ma­trix that will pro­vide taxi cabs the same rates en­joyed by trans­port net­work com­pa­nies Uber and Grab.

Lawyer Aileen Lizada of LTFRB said the new ma­trix will give taxi cabs the “com­pet­i­tive edge.”

Un­der the pro­posed fare ad­just­ment, the ₱40 flag-down rate will be re­tained, but the run­ning fare for ev­ery 300 me­ters and wait­ing time for ev­ery two min­utes will in­crease to ₱5.50 from ₱3.50.

The fare, Lizada added, will be per kilo­me­ter ba­sis.

“So fare will be ₱40 plus the amount times kilo­me­ters plus the amount times num­ber of min­utes,” Lizada ex­plained in a text mes­sage.

How­ever, Lizada said that even if taxis will al­most have the same rate as TNVS, there will be no price surg­ing for taxi de­nom­i­na­tion.

“All taxi units, their me­ters must be cal­i­brated and only af­ter cal­i­bra­tion shall the fare struc­ture take ef­fect,” she con­cluded.

LTFRB will re­lease its of­fi­cial de­ci­sion on the taxi fare ad­just­ment by the end of the month. (Alexan­dria Den­nise San Juan)

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