LTFRB Caps Online Booking Fees for App-Based Taxis in Philippines
The Land Transportation Franchising and Regulatory Board (LTFRB) in the Philippines has set a price cap of P60 on online booking fees for app-based taxis. This new regulation aims to standardize and limit charges for ride-hailing services.
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LTFRB sets price cap on online booking fees for taxis
MANILA, Philippines – The Land Transportation Franchising and Regulatory Board (LTFRB) on Saturday said booking or platform fees that are paid by passengers when booking taxis through online platforms will have a price cap of either P60 or 20 percent of the total approved rate, whichever is lower. In a statement, the agency said it
By jvicente
Read full article →LTFRB caps booking fees of app-based taxis at P60 max
The Land Transportation Franchising and Regulatory Board has capped the booking or platform fees of app-based taxi services at up to 20 percent of the total approved rate of P60, whichever is lower.
By Andrew Ronquillo
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