There will a P10 rollback in the flag-down rates for taxis and airport taxis nationwide starting on Monday, March 9. The Land Transportation Franchising and Regulatory Board (LTFRB) have announced this provisional decrease on Friday, March 6.
From P40, the rate will drop to P30 for regular taxis and from P70 to P60 for airport taxis.
But since this rollback is only provisional, taxi meters will not be calibrated to reflect new rates, clarified LTFRB Chairman Winston Ginez. Consequently, the meters will still show P40 (or P70 for airport taxis) as the initial fare. The taxi drivers would have to manually deduct P10 from the total fare to apply the new provisional rates.
All passengers are advised by the LTFRB to take note of the new rates. Taxi drivers who refuse to implement the rollback will be apprehended.
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