The Land Transportation Franchising and Regulatory Board (LTFRB) has approved a P1 increase in the minimum fare for traditional public utility jeepneys (PUJs), raising it to P14 starting Thursday.
For modern jeepneys, the minimum fare will increase by P2 to P17 from P15, LTFRB Chairman Vigor D. Mendoza II said during a media briefing on Tuesday.
He said the LTFRB has also approved a P0.20 increase in fares for each succeeding kilometer for both traditional and modern PUJs.
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