LTFRB waives fees for PUV matrix, franchise verification

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Commuters lined up as they wait for a jeepney ride along Philippine Coconut Authority (PHILCOA) in Quezon City on August 14, 2022.

STAR / Jesse Bustos

 

MANILA, Philippines — After recording a low number of fare matrix applicants, the Land Transportation Franchising and Regulatory Board has waived the franchise verification fee for processing the fare matrix/guide and deferred the fare matrix/guide filing fee payment starting Friday.

 

This comes after the board in late September approved fare hikes across all forms of road-based transportation amid skyrocketing fuel prices. 

 

The fare matrix guide is a required document before any driver or operator can charge higher fares that gives operators and drivers authority to charge the higher fares based on the issued decision of the LTFRB that implemented the fare increase.

 

Full Story: https://www.philstar.com/headlines/2022/10/28/2219965/ltfrb-waives-fees-puv-matrix-franchise-verification

 

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