Metro Manila, Philippines – The Land Transportation Franchising and Regulatory Board (LTFRB) announced the approval of fare increases for public utility vehicles effective Thursday, March 19.
The following price adjustments will be implemented:
Jeepneys:
- Traditional: P14 for first 4km, P2/succeeding km
- Modern: P17 for first 4km, P2.40/succeeding km
Bus:
- Metro/City (Ordinary): P15 for first 5km, P2.49/succeeding km
- Metro/City (Aircon): P18 for first 5km, P2.97/succeeding km
- Provincial: P12 for first 5km, P2.20/succeeding km
Other modes of transportation:
- TNVS: P20 increase in base fare
- Airport taxis: P40 increase for the first 500 meters
- P2P buses: 15% increase depending on the route
“The difficulty here is that the price of fuel is so erratic in the sense that every week we see substantial changes,” LTFRB Chair Atty. Vigor Mendoza II said, citing continued increases in pump prices — with diesel breaching P100 per liter — as a factor in the decision.
The LTFRB also listed increases in spare parts costs and the minimum wage among the factors considered.
The fare adjustments represent a 19% overall increase in fares nationwide.
The LTFRB assured that it will issue a provisional fare reduction once fuel prices drop below P75 per liter.
Meanwhile, Mendoza said the board will review petitions filed by operators of regular taxis, UV Express, and motorcycle taxis for a possible fare hike.
“This decision that covers all modes of land public transportation is proof of the national government’s genuine concern for the welfare of those in the transport sector while protecting the interest of the general commuting public,” Mendoza said.
