Taxi meters reset to implement fare hike

Jacque Manabat, ABS-CBN News

<div class="embed-wrap"><figure data-feedback="fb:likes,fb:comments"><img src="http://sa.kapamilya.com/absnews/abscbnnews/media/2018/business/07/31/20180731-taxi.jpg?ext=.jpg"/><figcaption>Authorities started recalibrating taxi meters to reflect new fares.  <em>Jacque Manabat, ABS-CBN News</em></figcaption></figure></div><p>MANILA -- The Land Transportation Franchising and Regulatory Board started recalibrating taxi meters on Tuesday, paving the way for higher fares that were approved in October last year.</p><p>Under the new fares, taxis can charge P13.50 per kilometer and P2 per minute on top of the P40 flagdown rate.</p><p>A sample computation by ABS-CBN News showed that a 5-minute long, 1.7-kilometer ride will cost P78.50 based on new fares, from P63.50 using the old scheme.</p><p>Booking fees by taxi-hailing apps were excluded from the sample computation.</p><ul class="op-related-articles">	<li><a href="http://news.abs-cbn.com/business/06/22/18/ltfrb-to-recalibrate-29000-taxi-meters-for-fare-adjustments">LTFRB to recalibrate 29,000 taxi meters for fare adjustments </a></li></ul><blockquote class="twitter-tweet" data-lang="en"><p dir="ltr" lang="en">LOOK: Sample computation of taxi fares for a 5min 3km ride. Rider will pay P78.50 under OLD fare matrix, while P90.50 for NEW fare rate. <a href="https://t.co/ojcB2oOohC">pic.twitter.com/ojcB2oOohC</a></p>— Jacque Manabat (@jacquemanabat) <a href="https://twitter.com/jacquemanabat/status/1024121867811020802?ref_src=twsrc%5Etfw">July 31, 2018</a></blockquote><div><script async="" src="https://platform.twitter.com/widgets.js" charSet="utf-8" type="text/javascript"></script></div><p>Taxis can recalibrate their meters even without the required dashboard cameras as long as the devices are installed within 2 months, the LTFRB said.</p><p>A new fare matrix for ride-hailing services, which will be slightly higher than taxis, will also be released, the LTFRB said.</p><ul class="op-related-articles">	<li><a href="http://news.abs-cbn.com/video/business/06/22/18/ltfrb-to-release-new-tnvs-rates">LTFRB to release new TNVS rates</a></li></ul>

<p>Higher taxi fares will be collected as the Land Transportation Franchising and Regulatory Board started recalibrating taxi meters Tuesday to reflect the new fare rate. </p>

Higher taxi fares will be collected as the Land Transportation Franchising and Regulatory Board started recalibrating taxi meters Tuesday to reflect the new fare rate.

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Taxi meters reset to implement fare hike

Taxi meters reset to implement fare hike

Jacque Manabat,

ABS-CBN News

Published Jul 31, 2018 04:06 PM PHT

|

Updated Aug 01, 2018 09:19 AM PHT

Read More:

taxi fare

meter recalibration

LTFRB

TNVS

ride-hailing

MyCab

dashcam

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