The Land Transportation Franchising and Regulatory Board (LTFRB) on Thursday said it will review the recent fare increase for public utility jeepneys (PUJs), however, they added that the fare hike will still be implemented. "We will follow the guidance and instruction of Secretary (Arthur) Tugade. The review will be done," LTFRB Chairman Martin B. Delgra III said in a statement. READ: DOTr to ask LTFRB to review jeepney fare hike "It will include a formula by which fare hike is reviewed, and correspondingly adjusted based on consumer price index (CPI) and movement of fuel prices," he added. Meanwhile, pending review, the decision will be implemented, LTFRB noted. "It will ...
Keep on reading: LTFRB to review P10 jeepney minimum fare rate
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