Western Visayas Jeepney Fare Reduction

[Tukaram (Tim)]

Kind of old news. It is from 1 week ago, but our net was down all week ha ha.  Anybody else's fares going down? (even Pizza Hut here has lowered prices)

 

2nd January in a row. Last year they dropped the price 50 centavos, and now they have done it again. Now we are down to p6.5 for the first 5 km, although we regularly travel farther with no extra charge... we are 6 kilometers out of town. This is for Western Visayas - no idea about anywhere else :)

 

 

 

LTFRB orders P0.50 jeepney fare cut starting February 1

 

Starting Monday, February 1, minimum fare for public utility jeepneys in Iloilo and the rest of Western Visayas will only be P6.50, while students, persons-with-disabilities, and senior citizens will only pay P5.00.

 

The Land Transportation Franchising and Regulatory Board (LTFRB) approved on Thursday the the provisional fare cut reduction for the first five kilometers due to a series of rollbacks in diesel prices recently.

LTFRB-6 director Romulo Bernardes made the recommendation for the fare cut to the Board on January 27, after holding public consultations in Bacolod and Iloilo, where all stakeholders agreed on the fifty-centavo reduction.

 

Department of Trade and Industry (DTI) and the National Economic and Development Authority (NEDA) also find the reduced rate 'reasonable' and 'has no effect on the current price of basic commodities.'


The LTFRB order that "in the event, however, that the Board finds the prices of diesel fuel will increase to the extent that it will be prejudicial to the investment of PUJ Operators in Region VI, the Board, subject to the recommendations of LTFBR-VI Regional Director, shall adjust the said fares accordingly."

LTFRB Chair Winston Ginez, board members Ronaldo Corpuz and Antonio Enrile-Inton Jr. signed the order.

 

 

Source: http://www.iloilotoday.com/2016/01/ltfrb-orders-p050-jeepney-fare-cut.html 

 

[scott h]

Yep Tim, nationwide. Now just what are you going to do with a pocketful of 25 centavo coins :lol:

[Mike S]

Not to hi-jack your post Tim ..... but as we all know the fuel prices here in western Visayas have been dropping steadily as they have over most of the world ..... well when a news station asked the owner or manager of a fast craft company here in Bacolod when they would lower their fares due to the falling fuel prices he replied "there is no need to lower our fares as we are still burning the same amount of fuel"  ...... duh ...... what does that have to do with the fact he isn't pay as much FOR the fuel and making more of a profit .... :rolleyes: :hystery: :hystery:

:cheersty: 

[Tukaram (Tim)]

When I first got here the fare was p7.5 if you were paying for one person they only charged p7, for 2 they charged p15.  Now we'll see if one person is only p6.  They do not give centavos in change on the jeepneys around here.  :tiphat:

[scott h]

They do not give centavos in change on the jeepneys around here

 

Same here, and I found out the hard (embarrassing) way. Handed the guy 8 pesos, and he offered me 2 25 centavo coins which I declined, sat and observed, everyone else just gave 7 :thumbsup: