The Land Transportation Franchising and Regulatory Board (LTFRB) confirmed that petitions seeking fare increases for public utility vehicles (PUVs) remain under review as fuel prices continue their upward trend.
According to the transport regulator, gasoline and kerosene prices have risen for nine straight weeks. This week alone, gasoline prices went up by P0.60 per liter, while kerosene increased by P1.20 per liter. The sustained adjustments have intensified calls from transport groups and drivers who say their earnings are being squeezed by higher operating costs.
LTFRB Chairman Vigor Mendoza II said the board is still evaluating the documents submitted by various transport groups to justify the proposed fare hikes. He emphasized that additional supporting papers are needed before the agency can issue a resolution.
“Hopefully, the LTFRB will come up with a resolution by March,” Mendoza said, noting that public hearings will also be conducted to allow stakeholders to present their positions and ensure transparency in the process.
Among those seeking adjustments are transport network companies (TNCs) and transport network vehicle service (TNVS) drivers, who are requesting a P20 increase in the base fare for ride-hailing services. They argue that rising fuel prices and other operational expenses have significantly reduced their take-home income.
Lisza Buscaino-Redulla, president of United Transportation Coalition Philippines Inc., stressed that drivers are not asking for excessive increases but simply want a fair adjustment that considers both their welfare and that of commuters.
“We are not asking for too much. We always want the commuters in the equation because we cannot exist without each other so our well-being should be balanced,” she said. Redulla added that many drivers are forced to work longer hours just to earn a decent living, which affects their overall quality of life.
Meanwhile, jeepney operators are pushing for a P1 provisional fare increase. The group Pasang Masda has proposed raising the minimum jeepney fare from P13 to P14. The requested adjustment is still pending evaluation by the LTFRB.
The Presidential Communications Office also noted that bus fares, which have not been adjusted since 2022, will be reviewed first. Discussions between the LTFRB and bus operators are expected in the coming weeks.
Mendoza reiterated that any decision on fare hikes will aim to strike a balance. “At the end of the day, whatever the amount is, we have to balance the fare increases so as not to burden commuters,” he said.