LRT fare hike still pending approval

LRT fare hike still pending approval

MANILA: The Light Rail Transit Authority (LRTA) stated on Thursday that the approval of fare hikes for the Light Rail Transit-1 (LRT-1) and 2 (LRT-2) is not yet final.

KEY TAKEAWAYS

  • What will be the adjustments in the LRT-2 fare once the fare hike is approved?

    If approved, the LRT-2's boarding fare will increase to P13.29 plus a distance charge of P1.21 per kilometer.
  • Who are the board members of LRTA?

    The board members of the LRTA are the Land Transportation Franchising and Regulatory Board, Department of Transportation, Department of Finance, Department of Budget and Management, National Economic Development Authority, Department of Public Works and Highways, Metropolitan Manila Development Authority, and two appointed directors, LRTA Administrator Hernando Cabrera and lawyer Dimapuno Datu.
  • LRTA Administrator Hernando Cabrera said in a statement that the fare hike “will go through the proper process” and that the Land Transportation Franchising and Regulatory Board (LTFRB), which recently approved the fare increase, is just one of the nine members of the LRTA Board of Directors.

    Cabrera explained that the LRTA Board of Directors must approve the fare hike, and it must also go through the necessary regulatory procedure, which includes public consultations and hearings.

    A resolution from the LRTA to raise its boarding fare by P2.29 plus P0.21 per kilometer or distance fare was approved by the LTFRB on Wednesday.

    If approved, the LRT-2's boarding fare will increase to P13.29 plus a distance charge of P1.21 per kilometer, rising from the current boarding and distance fares of P11 and P1 respectively since 2015.

    The other board members of the LRTA, which operates the LRT-2, are the Department of Transportation, Department of Finance, Department of Budget and Management, National Economic Development Authority, Department of Public Works and Highways, Metropolitan Manila Development Authority, and two appointed directors, Cabrera and lawyer Dimapuno Datu.

    Meanwhile, the LRT-1's fare adjustments are still being finalized and are pending approval of regulators, according to Light Rail Manila Corporation (LRMC) Spokesperson Jacqueline Gorospe.

    Gorospe said that LRMC is ready to implement any new fares that their regulators decide to approve.

    Photo from Philippine News Agency

    Also read: LTFRB announces fare matrix for EDSA Busway

    Sell your car at the best price

    Verified and genuine buyers Verified and genuine buyers
    Free listing Free listing
    List your car

    You might also be interested in

    • Upcoming
    • Omoda E5
      Omoda E5
      ₱1.5 Million Expected Price Caloocan
      Expected Launch Aug, 2024 Alert Me When Launched
    • JAECOO J7
      JAECOO J7
      ₱1.6 Million Expected Price Caloocan
      Expected Launch Aug, 2024 Alert Me When Launched
    • Honda WR-V
      Honda WR-V
      ₱1.266 Million Expected Price Caloocan
      Expected Launch Sep, 2024 Alert Me When Launched
    • MG RX8
      MG RX8
      ₱1.05 Million Expected Price Caloocan
      Expected Launch Aug, 2024 Alert Me When Launched
    • Toyota Vios 2024
      Toyota Vios 2024
      ₱832,000 Expected Price Caloocan
      Expected Launch Jul, 2024 Alert Me When Launched

    Latest Car Videos on Zigwheels

    Zigwheels
    • 2024 Chevrolet Trailblazer Premiere Review | Carmudi Philippines
      2024 Chevrolet Trailblazer Premiere Review | Carmudi Philippines
      16 May, 2024 .
    • 2024 Geely GX3 Pro Comfort Review | Carmudi Philippines
      2024 Geely GX3 Pro Comfort Review | Carmudi Philippines
      15 May, 2024 .
    • 2024 Toyota Yaris Cross S HEV Review | Zigwheels.Ph
      2024 Toyota Yaris Cross S HEV Review | Zigwheels.Ph
      15 May, 2024 .
    • 2024 Toyota Yaris Cross S HEV Spec Guide | Zigwheels.Ph
      2024 Toyota Yaris Cross S HEV Spec Guide | Zigwheels.Ph
      15 May, 2024 .
    • 2024 Ford Everest Sport Spec Guide | Zigwheels.Ph
      2024 Ford Everest Sport Spec Guide | Zigwheels.Ph
      06 May, 2024 .
    • 2024 Ford Everest Sport Review | Zigwheels.Ph
      2024 Ford Everest Sport Review | Zigwheels.Ph
      06 May, 2024 .
    • 2024 GAC Emkoo GL Review | Zigwheels.Ph
      2024 GAC Emkoo GL Review | Zigwheels.Ph
      06 May, 2024 .
    • 2024 Mitsubishi Xpander Cross Spec Guide | Zigwheels.Ph
      2024 Mitsubishi Xpander Cross Spec Guide | Zigwheels.Ph
      06 May, 2024 .
    • 2024 Jetour X70 Plus Review | Zigwheels.Ph
      2024 Jetour X70 Plus Review | Zigwheels.Ph
      22 Apr, 2024 .
    • Top Features of 2024 Corolla Cross Hybrid | Specs Guide
      Top Features of 2024 Corolla Cross Hybrid | Specs Guide
      18 Apr, 2024 .
    Watch Car Videos

    Car Articles From Carmudi

    • journal
    • advice
    • financing
    • insurance
    • Kia PH to bring in Sonet?
      Kia PH to bring in Sonet?
      Ruben Manahan IV, May 17, 2024
    • Porsche 911 GT3 Cup cars to run on eFuel at one-make race
      Porsche 911 GT3 Cup cars to run on eFuel at one-make race
      Paulo Papa, May 15, 2024
    • PH-bound new Honda City to sport 'minor' price increase
      PH-bound new Honda City to sport 'minor' price increase
      Ruben Manahan IV, May 14, 2024
    • Initial Hyundai N units to arrive in PH by Jul. 2024
      Initial Hyundai N units to arrive in PH by Jul. 2024
      Ruben Manahan IV, May 14, 2024
    • Isuzu Bulacan is 19th ISSO champ
      Isuzu Bulacan is 19th ISSO champ
      Ruben Manahan IV, May 14, 2024
    • Car Registration in LTO: A step-by-step guide
      Car Registration in LTO: A step-by-step guide
      Carmudi PH, May 18, 2024
    • Understanding 3-year LTO registration in detail
      Understanding 3-year LTO registration in detail
      Carmudi PH, May 15, 2024
    • Want to buy a car? Here's a complete list of all associated costs
      Want to buy a car? Here's a complete list of all associated costs
      Carmudi PH, May 10, 2024
    • Check out all the violations, penalties, and fines a driver may face in the Philippines - Part II
      Check out all the violations, penalties, and fines a driver may face in the Philippines - Part II
      Carmudi PH, May 09, 2024
    • Check out all the violations, penalties, and fines a driver may face in the Philippines
      Check out all the violations, penalties, and fines a driver may face in the Philippines
      Carmudi PH, May 07, 2024
    • Congratulations, you've fully paid for your used car. Now, what's next?
      Congratulations, you've fully paid for your used car. Now, what's next?
      Carmudi PH, May 15, 2024
    • Personal loan or car loan: Finding the right financing option for your car
      Personal loan or car loan: Finding the right financing option for your car
      Carmudi PH, May 08, 2024
    •  When and why to refinance your car loan
      When and why to refinance your car loan
      Carmudi PH, May 02, 2024
    • Uncovering the impact of credit scores on car loans in the Philippines
      Uncovering the impact of credit scores on car loans in the Philippines
      Carmudi PH, Apr 22, 2024
    • How to budget for your car loan repayment effectively
      How to budget for your car loan repayment effectively
      Carmudi PH, Apr 20, 2024
    • Your guide to car insurance payment options in the Philippines
      Your guide to car insurance payment options in the Philippines
      Carmudi PH, May 17, 2024
    • Switching car insurance providers in the Philippines: A detailed step-by-step guide
      Switching car insurance providers in the Philippines: A detailed step-by-step guide
      Carmudi PH, May 17, 2024
    • Stopped making car insurance payments? Here are the consequences you’ll face
      Stopped making car insurance payments? Here are the consequences you’ll face
      Carmudi PH, May 13, 2024
    • Compulsory Third Party Liability (CTPL) 101: Everything a car buyer needs know
      Compulsory Third Party Liability (CTPL) 101: Everything a car buyer needs know
      Carmudi PH, May 11, 2024
    •  Why comprehensive insurance is vital for car owners in the Philippines
      Why comprehensive insurance is vital for car owners in the Philippines
      Carmudi PH, May 03, 2024

    Compare

    You can add 3 variants maximum*