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P60 taxi flag-down rate under review - LTFRB
The Philippine Star
|November 28, 2024
The Land Transportation Franchising and Regulatory Board (LTFRB) is still reviewing a petition for a P60 flag-down rate for taxis.
LTFRB Chairman Teofilo Guadiz III said the agency has to consider several factors as the higher flag-down rate could have an impact on inflation.
Since June 2022, taxi operators have been lobbying for a fare hike, from P40 at the time to P60.
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