LTFRB to ‘balance’ oil prices, commuters’ welfare in fare hike — Mendoza

MANILA, Philippines — The Land Transportation Franchising and Regulatory Board (LTFRB) said on Tuesday that it will balance fuel costs and commuter welfare when considering possible new fare hike petitions. LTFRB Chairperson Atty. Vigor Mendoza III said another fare increase could be possible if the agency factors in current oil prices, which typically range from