MANILA, Philippines–An executive of the Land Transportation Franchising
and Regulatory Board (LTFRB) announced Friday a
P10-rollback in the flag-down
rate for taxis nationwide.
LTFRB board member Ariel Inton told INQUIRER.net in a phone interview that
the P10-rollback, which will bring the flag-down rate from the
current P40 down to P30, starting March 9.
Inton clarified that P40 would still appear on the taxi meter but the passengers
would have to pay less P10 in their actual fare.
He explained that this is because the rollback is only provisional.
The LTFRB official warned that the taxi drivers who would violate
the rollback would be apprehended.
The LTFRB will make the formal announcement Friday afternoon.