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DOTr: Fare hike still suspended amid oil price hikes
['Josiah Antonio']
philstar.com - RSS Headlines
DOTr: Fare hike still suspended amid oil price hikesDespite new pending petitions, Lopez stood his ground, stressing that the burden should not be put on the people.
MANILA, Philippines — Amid the oil price hikes and inflation, fare hikes on all public utility vehicles (PUV) will remain suspended, according to Transportation Secretary Giovanni Lopez.
Despite new pending petitions, Lopez stood his ground, stressing that the burden should not be put on the people.
If the fare increases, not only will inflation increase, the prices of services and goods will also increase,” Lopez said.
The hearing on the petitions for a fare hike will resume on Monday, according to the Land Transportation Franchising and Regulatory Board.