From P30 to P40.
The ten-peso adjustment of the flag-down rates of taxi services has been approved by the Land Transportation Franchising and Regulatory Board (LTFRB) on Wednesday.
LTFRB chairman Martin Delgra III signed the approval of the petition to grant higher rates for taxi operators after several transport groups filed petition over the course of one year.
The motions by various taxi groups were considered “moot and academic” by the LTFRB.
A copy of the decision tweeted by GMA News’ Allan Gatus states that “taxi services operating in the National Capital Region (NCR) and the provinces, including Cordillera Administrative Region (CAR), are authorized to charge P13.50 per kilometer of distance travelled with P2 per minute of travel time from origin to destination.”
The petition originated from a P10 rollback which deducted the taxi nationwide flag-down rate to thirty pesos.
However, the board reminded all taxi operators with phased out model units and those to file the substitution of their units to comply with the PUV Modernization Program and the Omnibus Franchising Guidelines issued by the LTFRB.
— Allan Gatus (@allangatus) October 4, 2017