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Petition for fare hike of Cebu taxis withdrawn

Posted by Michille on February 28th, 2007

CEBU CITY: The Metro Cebu Taxi Operators’ Association filed a motion to withdraw its petition to increase taxi fares filed before the Land Transportation Franchising and Regulatory Board (LTFRB) 7.

The group said it filed the motion to withdraw after careful study of its petition for a P15 addition to the present P30-flag-down rate. The group said the increase would make riding a taxi prohibitive and would reduce the volume of passengers.

The group’s chairman Richard Cabucos filed the petition for fare increase on November 16, 2005. A public hearing was conducted on November 29.

THE MANILA TIMES!

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