File photo for reference only The Land Transportation Franchising and Regulation Board (LTFRB) announced an approved fare increase for public transportation services including jeepneys, buses, and transport network vehicle services (TNVS), effective Thursday, March 19. The decision comes as oil prices soar due to ongoing conflict in the Middle East, impacting fuel costs significantly. LTFRB Chair Vigor Mendoza highlighted the erratic and substantial changes in fuel prices as a primary trigger for the fare adjustment, alongside increased costs for spare parts, maintenance, and the average minimum wage. Get today's headlines by email Prior to this announcement, fuel prices have been volatile, prompting discussions around the financial sustainability for public transport operators. Traditional and modern jeepney fares will increase by P2 for base rates, with per-kilometer fares also seeing increments. For instance, a ride from Divisoria in Manila to Cubao will rise from P23.8 to P26. Metro buses will experience a P2 to P3 increase in base fares, with a route from SM Fairview to Luzon Avenue moving from P24.25 to P27.45. Provincial bus rates have increased, with the average per-kilometer price rising from P1.90 to P2.20. A trip from Manila to Baguio will now cost P542, up from P469. Point-to-point (P2P) buses face a 15% hike; the fare from the Ninoy Aquino International Airport Terminal 3 to Clark airport will rise to P460 from P400. TNVS base fares increase by P20 across all vehicle types, though no per-kilometer hike is added, and airport taxis will see their base fares jump from P75 to P155. This fare adjustment is expected to have widespread implications, as public transport remains crucial for daily commuters. Experts believe the hikes could burden low-income commuters but acknowledge the necessity due to rising operational costs for transport services. The LTFRB also acknowledged pending petitions for fare hikes from ordinary taxis and UV express, indicating further potential changes in the transport fare landscape. Looking ahead, the LTFRB will continue to process these petitions and monitor fuel price fluctuations closely. Any future adjustments will depend on the ongoing global oil situation and its direct impact on local transport economics. Commuters and operators are advised to stay informed about changes and prepare for adjustments in their daily travel finances, reported Philstar. Join the discussion? Adapted by ASEAN Now · Philstar · 17 Mar 2026
