Wednesday, November 18, 2009

Transport group to ask for P0.50 fare hike

MANILA, Philippines – Transport group Pasang Masda will ask for a P0.50 provisional fare increase if the price of diesel goes up to P35 per liter, an official said today (Nov. 18).

Pasang Masda national coordinator Rogel Fernandez said they are now monitoring fuel prices since the government has lifted the Executive Order 839, which pegged prices of basic commodities in calamity-hit areas.

"We will ask that the P0.50 provisional fare hike be given if diesel price goes up P35 per liter," Fernandez said.

Oil companies have imposed a hike on their petroleum products, with diesel retailing at an average of P30 after the Palace lifted EO 839. Prior the lifting of the order, diesel was sold at P28 per liter.

Pasang Masda also filed a P0.50 provisional fare hike before the Land Transportation Franchising and Regulatory Board February last year. - By Dennis Carcamo (Philstar News Service,


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