LTFRB poises penalty vs jeepney drivers who ignore fare rollback
Manila (24 February) -- The Land Transportation Franchising and Regulatory Board (LTFRB) will penalize jeepney drivers who will ignore the fare rollback that took effect February 23, 2009.
The board approved last week the 50 centavo provisionary fare rollback following a petition from a commuters group and the fall of diesel prices in the world market.
The LTFRB resolution also includes giving fare discounts to senior citizens, students and persons with disabilities.
From seven pesos and fifty centavos, the minimum fare rate for the first four kilometers is now seven pesos.
However, the provisional rate for the next kilometers remains at one peso and forty centavos.
The rollback is implemented throughout Mega Manila, Bulacan, Pampanga, Nueva Ecija, Tarlac, Aurora, Laguna, Quezon, Rizal, Batangas, Cavite, Mindoro, Marinduque, Romblon at Palawan.
Meanwhile, like jeepney fare and diesel products, loaf breads and pandesal have a price roll back.
The Philippine Baking Industry (PHILBAKING) took off fifty centavos for every 10 pieces of Pandesal while the price for popular tasty bread got sliced by a peso.
Philbaking President Simplicio Umali explained the price of imported flour went down from Php 900 to Php 870 per 25 kilogram bag. (PIA-MMIO) [top]