LTFRB starts calibration, resealing of taxi meters for gov’t-approved cab fares
The Land Transportation Franchising and Regulatory Board (LTFRB) has started the calibration and resealing of taxi meters on Tuesday, in accordance with the implementation of government-approved cab fares.
“Calibration and resealing of meters is done to make sure that the fare is in accordance with what the LTFRB has set,” the transport regulator said in a statement on Monday.
LTFRB chairman Atty. Martin Delgra III said in an interview that they have been preparing for the recalibration of fares among taxis with flag down rate set at P40, the first kilometer at P13.50, and the per minute travel time is P2.
Grab PH to file appeal to lift P10-M fine imposed by LTFRB
Ride-sharing company Grab Philippines said it will file an appeal to lift the P10 million fine imposed on them by transport regulators for overcharging their riders through its “P2 per minute travel time.
“There is no basis for the fine being imposed by LTFRB. We disagree with the Board’s decision and we will file an appeal to protect the ride-sharing industry in the country,” Leo Gonzales, Grab Philippines Public Affairs Head said in a statement.
The Land Transportation Franchising and Regulatory Board (LTFRB) released an order asking Grab to “pay the penalty of P10 million” citing that its imposition of the travel fare rate is “invalid and without authority from the Board, for which the Respondent is to suffer its consequences.”