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Taxi flagdown rate may shoot up to P40 by April
Taxi flagdown rate may increase to up to P40 starting April from the current P30, the Land Transportation Franchising and Regulatory Board (LTFRB) announced on Tuesday. GMA News’ Cesar Apolinario reported that the LTFRB has agreed for a taxi fare hike although the board has yet to come up with a cost analysis to determine the exact amount of the increase. “Gagawa pa kami ng cost analysis para matiyak na maging fair yung pagtaas natin ng pamasahe sa taxi (We will come up with a cost analysis to ensure that the increase will be reasonable," LTFRB chairperson Alberto Suansing said in an interview aired over GMA News’ “24 Oras."
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