What Do You Guys Think?

Two weeks ago the Land Transportation Franchising and Regulatory Board (LTFRB) had a dialogue with Taxi operators here in the Philippines. This came after the madness which was the temporary suspension and massive fine of Uber. That dialogue bore fruit as revealed by LTFRB Chairman Martin Delgra III yesterday during the Senate Finance committee hearing for the proposed 2018 budget of the Department of Transportation. The chairman announced that the entire LTFRB board was in agreement that taxi fares should be increased to be “at par” with the rates of Uber and Grab.

“Ang gagawin, we will try to make it at par with TNVS or more particularly with the Uber system kasi nade-dehado daw mga taxi drivers ngayon. Ang gagawin na namin ng Board, we have already agreed unanimously, we are going to do it on a running time rate so aside from the distance travelled, meron na ring papasok on the time travel.” – LTFRB Chairman Delgra

Read Also: Is UberTaxi a Good Fit for the Philippines?

So there you have it folks. Expect prices of taxis to go up in the next few months courtesy of our awesome friends from the LTFRB. It’s both a good and a bad thing as taxi fares haven’t gone up in years. Hopefully though the increase will be felt more by the taxi drivers than the operators.

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