“If the LTFRB refuses to grant our petition, then we have no other choice but to stage a (transport) strike,” she added. Currently, the minimum fare for jeepneys is P9 after the first round of provisional P1 increase granted by the board in July. The provisional increases are to be implemented while the board deliberates on whether to grant the entire P4 fare hike petition. These could also be revoked if global oil price trends change, LTFRB Chair Martin Delgra said in an earlier interview. Obet Martin, Pasang Masda president, noted that when his group filed the petition, the price of gasoline was P36 a liter.

Source: Philippine Daily Inquirer October 02, 2018 23:15 UTC