LTFRB postpones reduced surge pricing for TNVS to Dec 20

The Land Transportation Franchising and Regulatory Board (LTFRB) has postponed the implementation of a temporary reduced surge pricing cap for Transport Network Vehicle Service (TNVS) operations to December 20.

This adjustment was made at the request of ride-hailing companies, including Grab, InDrive, JoyRide, and Angkas, who needed more time to prepare their systems.

The lowered fare surcharges are expected to be in effect only until January 4, 2026.

The LTFRB issued Memorandum Circular 2025-056 to mandate these adjusted surge pricing rates following passenger and commuter group complaints about unreasonable fare increases.

Under the new policy, surge pricing will be capped at the base fare plus standard cost components, moving away from the previous allowance of fares rising to as much as double the normal rate without clear calculation guidelines.