Tag: taxi fare cuts

LTFRB approves nationwide taxi fare cuts

MANILA, Mar 15 – The Land Transportation Franchising and Regulatory Board (LTFRB) has approved the permanent reduction of the existing taxi fare nationwide (except Cordillera Administrative Region) to P30.00 for the flag-down rate, P3.50 for every succeeding 500 meters and P3.50 for the waiting time per 90 seconds. The lowered rates will be effective on March 19, 2016. For airport taxis, the Board ordered the permanent flag-down rate to P60.00 for the first 500 meters, […]