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LTFRB eyes cut in ride-hailing surge fee
The Philippine Star
|December 04, 2024
The Land Transportation Franchising and Regulatory Board (LTFRB) said yesterday it is eyeing the reduction of surge fee for ride-hailing services during the holiday season.
LTFRB Chairman Teofilo Guadiz said the agency aims to reduce the surge fee by half following the exorbitant charges.
"We are looking at implementing a uniform surge rate and cut it to as much as 50 percent," Guadiz said in an interview on Teleradyo.
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