Transport group Pasang Masda to ask LTFRB for fare hike

The transport group Pasang Masda on Saturday stated it’s going to file a petition for fare hike enhance earlier than the Land Transportation Franchising and Regulatory Board on Tuesday.

The group will ask for a provisional enhance of 1 peso, Pasang Masda president Obet Martin stated in an interview on Super Radyo dzBB.

“‘Yung 1.00 peso [na hirit na taas-pasahe] ay provisional increase,” Martin stated.

(The one peso is provisional enhance.)

“Kapag nag-normalize na ang [presyo ng] petroleum products, ire-recall din ang pisong provisional increase,” he added.

(If the costs of petroleum merchandise normalize, the provisional one-peso fare enhance can be recalled.)

Prices of diesel merchandise went up earlier this month.

Oil Industry Management Bureau Assistant Director Rodela Romero nevertheless advised GMA News Online on Friday that the costs of diesel might don’t have any adjustment or can have a rollback of P0.20 per liter this coming week. —KG, GMA Integrated News

Source: www.gmanetwork.com