LTFRB rejects P1 jeepney fare hike petition
On Friday, the Land Transportation Franchising and Regulatory Board (LTFRB) denied a petition to increase the minimum jeepney fare by P1.
The board cited the need to balance the rights of commuters who rely on public transport with the financial needs of operators.
Despite recognizing the challenges faced by transport groups due to rising oil prices, LTFRB emphasized that granting a fare hike could lead to further inflation.
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