Philippines Raises Fares for Buses, Jeepneys, Taxis Due to Fuel Price Surge

The LTFRB announced fare increases for provincial and metro buses, jeepneys, airport taxis, and TNVS effective March 19, with hikes ranging from 8% to 20% and a P20 increase for ride-hailing cars. This move responds to sharply rising fuel costs driven by the Middle East conflict, aiming to help transport operators cover higher expenses. Authorities will monitor the fare adjustments until June, when they may decide to make them permanent or revise them based on market conditions.