On March 6, 2015, the Land Transportation Franchising and Regulatory Board (LTFRB) announced a P10 rollback in the flag-down rates for taxis and airport taxis nationwide. The provisional decrease will be implemented starting Monday, March 9, 2015, bringing the rate down from P40 to P30 for regular taxis and from P70 to P60 for airport taxis.
LTFRB Chairman Winston Ginez clarified that as the rollback is only provisional, taxi meters will not be recalibrated to reflect the new rates. As such, the meters would still show P40 (or P70 for airport taxis) as the initial fare. To apply the new provisional rates, taxi drivers would have to manually deduct P10 from the total fare.
The LTFRB advised all passengers to take note of the new rates. The board also warned that taxi drivers who refuse to implement the rollback will be apprehended.
LTFRB Chairman Winston Ginez clarified that as the rollback is only provisional, taxi meters will not be recalibrated to reflect the new rates. As such, the meters would still show P40 (or P70 for airport taxis) as the initial fare. To apply the new provisional rates, taxi drivers would have to manually deduct P10 from the total fare.
The LTFRB advised all passengers to take note of the new rates. The board also warned that taxi drivers who refuse to implement the rollback will be apprehended.
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