Roxas says MRT subsidies to fall, fares to rise

Posted at Oct 12 2011 12:27 AM | Updated as of Oct 12 2011 08:27 AM

Transportation Secretary Mar Roxas told Business Nightly the government is inclined to cut MRT subsidies, pushing fares up. He also said the government may be near agreement with MRT's different owners, allowing it to invest in and improve the service.

Business Nightly airs weeknights at 9 p.m. on ANC.