LTFRB lowers fare in Bicol

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THE Land Transportation Franchising and Regulatory Board (LTFRB) has ordered a 50-centavo rollback in the fares of public utilities in the Bicol region starting on Saturday. With this, the minimum jeep fare will only be P7.50 for the first four kilometers and P1.40 for every succeeding kilometer. The LTFRB officials said the rollback is just fair as prices in gasoline and diesel continue to decline. Also, the LTFRB is yet to issue an order for the vans and buses that ply the different routes in the region.

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