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“We are sad, disappointed. Kulang ang kasing-kasing ang atong gobyerno,” said Ryan Benjamin Yu, general manager and president of Cebu Integrated Transport Multi-Purpose Cooperative.
“In justifying its decision, the Board said it had to judiciously balance the rights of the riding public who are mostly dependent on the public transport system vis-à-vis the right of the operators to financial returns,” LTFRB said.
FUEL SUBSIDY. Department of Transportation Secretary Arthur Tugade reports to President Rodrigo Duterte during the Talk to the People about the distribution of the PHP2.5-billion fuel subsidy in Malacanang on Tuesday (March 15, 2022). Tugade also appealed to transport operators and drivers to hold off seeking a fare hike. (Photo courtesy of RTVM) MANILA -The Department of Transportation (DOTr) has started rolling out the first tranche of its PHP2.5 billion fuel subsidy to public utility vehicle (PUV) beneficiaries via the Land Transportation Franchising and Regulatory Board (LTFRB) to help cus...
"The LTFRB has submitted all the documents they have required since February but so far the funds have not been released. We know how far the 6,500 fuel subsidy will go and it would have been part of our strategy to immediately follow the Service Contracting Program so we expect the immediate release of funds within this week," she said in Filipino.