Fare hikes for PUVs, TNVs unlikely in Jan

Fare increases for public utility and transportation-network vehicles (PUVs and TNVs) are unlikely to happen this month, the Land Transportation Franchising and Regulatory Board (LTFRB) said on Tuesday.

In a briefing at the headquarters of ride-hailing company Grab in Makati City, LTFRB Spokesman Aileen Lizada said the agency would probably release its decision on an increase in March.