MANILA-- The Land Transportation Franchising and Regulatory Board (LTFRB) has set the taxi flagdown rate for the first 500 meters at PHP40 nationwide, except the Cordillera Administrative Region (CAR).
The fare will take effect on Monday, February 13.
The provisional authorized flagdown fare for taxi services in the Cordillera region has been set at PHP35 for the first 400 meters.
There will be no increase in rates for the succeeding meters or for waiting time.
The transport group, Philippine National Taxi Operators Association (PNTOA), has earlier filed a petition to increase the flagdown rate for taxis to PHP40 from PHP30 following the series of oil price hikes.
Meanwhile, the LTFRB has also announced that the jeepney fare is at PHP8, up PHP1 from the previous rate of PHP7 in the National Capital Region (NCR), Central Luzon and the Calabarzon region.
A rate of PHP6.40 will be charged to students, senior citizens and persons with disabilities (PWDs).
There will be no increase for the succeeding kilometers. (PNA)
Source: Philippines News Agency