LTFRB to submit fare hike recommendation by October
Manila, Sept. 22 -- The Land Transportation Franchising and Regulatory Board (LTFRB) will submit its recommendation on pending fare adjustment petitions to the Department of Transportation by October, acting chairperson Greg Pua Jr. said Monday.
In a Bagong Pilipinas interview over PTV, Pua said the timeline would allow the agency to assess the impact of the wage increase set to take effect on Sept. 26.
"Ang utos po sa atin ni Secretary Banoy Lopez ay mag-submit na po tayo ng aming rekomendasyon sa kanya by October. Bakit po October? Kasi po mayroon po tayong nakabimbin na mai-implement po na fare increase by September 25. So titingnan po namin doon iyong epekto po nitong wage increase (Secretary Banoy Lopez has ordered us to submit our...
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