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Transport Groups Seek Fare Hike, Mull Strike Amid Soaring Fuel Prices
Philippine transport groups are demanding a P2 fare hike for public transportation, citing soaring fuel prices. They are also considering a nationwide strike if their demands are not met, as rising oil costs directly impact drivers' income.
Transport groups in the Philippines are seeking a P2 fare hike for public transportation, citing the rising cost of fuel. They are also considering a nationwide strike if their demands are not met. MANIBELA chairperson Mar Valbuena stated that a P1 fare increase would not be enough to cover current losses, and at least a P2 hike is necessary. He pointed out that previous fare increase requests were made before the recent tensions in the Middle East, and even then, a P1 increase would not have been sufficient to recover losses. Libay de Luna, president of ACTO (Alliance of Concerned Transport Organizations), also stressed the need for a fare increase, stating that a P1 or P2 hike would significantly help drivers' income. According to de Luna, the fare increase could add an estimated P150 to P200 to the daily earnings of drivers. Both groups have indicated their intention to hold a transport strike if oil prices continue to surge. Valbuena warned that the rapid increase in petroleum product prices could reach P100 without public notice amidst the country's various issues, accusing oil companies and the Department of Energy of exploiting the public. An estimated 100,000 drivers and operators nationwide are expected to participate in the strike. MANIBELA is scheduled to meet with the Land Transportation Franchising and Regulatory Board (LTFRB) on Tuesday, July 21, to discuss the fare hike. De Luna, for her part, said they are monitoring the situation and will also hold a strike if oil prices continue to rise.
Original source
GMA News Philippines