BACOLOD CITY, Philippines – The Land Transportation Franchising and Regulatory Board (LTFRB) in Western Visayas started implementing the 50-centavo provisional decrease in the fare of public utility jeepneys on Monday, February 1.
LTFRB-VI Director Romulo Bernardes said the new fare is P6.50 for regular passengers and P5 for students, elderly, and persons with disabilities.
The order stemmed from the price rollbacks of diesel and gasoline that oil companies have implemented since January 1.
At present, the diesel costs P19 per liter and P36 for gasoline in Negros Occidental.
Bernardes reminded the drivers and the operators to follow the order. “There’s no reason for them not to implement the rollback. We have conducted consultations and public hearings.”
He pointed out that there was no opposition during the public consultations in the cities of Bacolod and Iloilo.
Bernardes said they would adjust the fare rates if oil prices would increase.
Meanwhile, he said that the order on the proposed rollback of taxi fares is pending.
Currently, the flagdown rate is P40, although a P10 discount is supposed to be given to passengers. Not all taxi drivers follow this order.
Bernardes said once an LTFRB decision is reached, it will issue an order to re-calibrate the meters of taxi units in the region. – Rappler.com