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LTFRB permanently cuts taxi flagdown rate to P30

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<figure class="op-social"><iframe allowfullscreen="" frameBorder="0" height="383" src="https://www.youtube.com/embed/SQVn_tRMKzk" width="510"></iframe></figure>MANILA (UPDATE) – The Land Transportation Franchising and Regulatory Board (LTFRB) has made permanent the P30 flag-down rate for taxi.After a year of implementing the<a href="http://news.abs-cbn.com/nation/metro-manila/03/09/15/lower-taxi-flag-down-rate-begins-today"> provisional rollback </a>of P30 on the flag-down rate, the LTFRB said it has decided to make permanent the said rate effective March 19.The LTFRB said taxi meters will have to be re-calibrated to reflect the new flag-down rate as well as the lowered rate for distance and waiting time.The board said from P3.50 per succeeding 300 meters, ordinary cabs will now charge P3.50 per succeeding 500 meters.From the original P3.50 per 120 seconds rate for waiting time, it will be made P3.50 per 90 seconds.Ordinary cabs will still charge P3.50 for the first 500 meters.Airport cabs&#x27; flag-down rate, on the other hand, will also be lowered from P70 to P60.From the original P4 per succeeding 300 meters, airport cabs will now charge P4 per succeeding 500 meters.It will also charge P4 per 90 seconds instead of the original P4 per 120 seconds.Airport cabs will still charge P4 for the first 500 meters.<div>CAR CABS</div>The lowered rates will be implemented nationwide, except for cabs in the Cordillera Administrative Region (CAR).In the CAR, the flag-down rate will be lowered from P35 to P30.In terms of distance, CAR cabs will charge P2 for every succeeding 400 meters instead of the previous P2 per succeeding 200 meters.From the original P2 per 90 seconds rate for waiting time, it will be made P2 per 60 seconds.Cabs in the CAR will still charge P2 for the first 400 meters.<div>TNVS URGED TO LOWER FARES</div>The big drop in oil prices was the board&#x27;s major consideration for the new rates.LTFRB simulated the new rates from its headquarters to Ayala and back. With a total distance of 10.5 kilometers, the meter showed a net reduction of P25.LTFRB laid out the taxi calibration schedules by plate ending to accommodate 25,000 cabs in Metro Manila.The operators will shoulder the cost of the calibration and will bring the taxis to the resealing areas of LTFRB in Tanay, Rizal and Manila.Those who will fail to have their meters calibrated will be fined 5,000.Road test area will also be in place to check if a calibrated meter works.Even without meter calibration, flag-down reduction rates of ten pesos will be effective on March 19.Meanwhile, LTFRB urged the Transport Network Companies to examine and review their distance and time rates considering the new taxi rates. LTFRB chairman Winston Ginez said that they can issue a fare adjustment to these online-based transportation services if deemed necessary.

MANILA (UPDATE) – The Land Transportation Franchising and Regulatory Board (LTFRB) has made permanent the P30 flag-down rate for taxi.

MANILA (UPDATE) – The Land Transportation Franchising and Regulatory Board (LTFRB) has made permanent the P30 flag-down rate for taxi.