US EditionCash handouts, fare hikes as Philippines battles soaring fuel costs
The Land Transportation Franchising and Regulatory Board cited erratic fuel prices and rising costs for a provisional fare hike averaging 8% for jeepneys and 15% for buses.
- The Philippines has implemented measures like a four-day work week and reduced ferry schedules to combat soaring fuel costs due to the US-Israeli strikes on Iran that triggered the Middle East war.
- The government has announced fare hikes for local transport like jeepneys but not for tricycle drivers, who are struggling with high fuel prices and low earnings.
- The Senate is expected to vote on granting the President authority to temporarily suspend or reduce excise taxes on oil, and the Philippines is also considering purchasing Russian oil.
50 Articles
50 Articles
Tuk-tuk drivers in Manila, Philippines, received 5,000 pesos each from a government subsidy program to mitigate the impact of soaring fuel prices.
Higher transport fares hit commuters beginning March 19
MANILA, Philippines — Commuters will face higher transportation costs beginning Thursday, March 19, after the Land Transportation Franchising and Regulatory Board (LTFRB) approved an across-the-board provisional fare hikes covering jeepneys, buses, taxis, and ride-hailing services. LTFRB chairperson Atty. Vigor Mendoza III announced on Tuesday that the increases were triggered by continued spikes in fuel prices due to tensions in the Middle East…
Fare hikes: How much jeepneys, buses, and ride-hailing cars now cost
The Land Transportation Franchising and Regulatory Board (LTFRB) announced fare increases for almost all modes of public transportation, effective Thursday, March 19. LTFRB Chairman Vigor Mendoza made the announcement during a press briefing on Tuesday, March 17, where he said increasing the fare was “one of the hardest decisions of the board” because of the “erratic” surge in fuel prices due to the conflict in the Middle East. In adjusting the …
Fare hikes hit commuters across most transport modes
As the conflict in the Middle East continues to drive up oil prices, the Land Transportation Franchising and Regulation Board approved a fare increase across the board, from jeepneys down to transportation network vehicle services.
LTFRB OKs fare hikes across almost all public utility vehicles
The Land Transportation Franchising and Regulatory Board (LTFRB) has approved fare hikes of P1 to as much as P40 peso in all public utility vehicles, except regular taxis and motorcycle taxis, amid the the fuel price shock resulting from the Middle East conflict
Coverage Details
Bias Distribution
- 44% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
