Manila, March 25 -- President Ferdinand R. Marcos Jr. said ferry and bus operators have committed not to increase fares during the Holy Week travel period, as the government moves to cushion the impact of rising fuel prices.

In an interview with Bloomberg Tuesday, Marcos said the government is trying to mitigate the effects of fuel price increases on the riding public and the middle class, as travel demand is expected to surge.

"We've gotten commitments from ferries that they will not raise their fares, we're doing the same thing with buses that they will not raise their fares and they do not limit or cut down the trips they will be taking," the President said.

Holy Week is one of the country's peak travel seasons, with large numbers o...