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NewsTranscript
00:00On Wednesday, the LTFRB rejected the petition to raise the minimum fare for jeeps to Php 15. According to the LTFRB, this is the petition that was passed in 2023
00:12when the board issued a provisional increase on the fare. Only a peso was allowed to be added in October 2023, so the minimum fare for traditional jeeps became Php 13.
00:24Php 15 for modern jeeps. According to the LTFRB, they are evaluating the petition and considering the price of oil products, inflation,
00:35its effect on the economy and the budget of commuters.