MANILA -- Fares at the Philippine capital's 3 elevated railways will be unchanged, even as the cost of stored value tickets or Beep cards increased, the Department of Transportation said Friday.
The increase in Beep card price to P30 from P20 last Jan. 1 is an automatic provision under the government's concession agreement with AF Payments, the DOTr said.
AF Payments, a joint venture between the Ayala and Metro Pacific groups, manages the Beep card-based payment systems at the LRT-1, LRT-2 and MRT-3. A separate Ayala and Metro Pacific joint venture, Light Rail Manila, operates and maintains the LRT-1.
"Currently, the DOTr is reviewing the said concession agreement and all its provisions, with the end view of determining how best to protect public interest," the department said.
In an interview on DZMM before the DOTr statement was issued, Undersecretary and officer-in-charge for rails Junn Magno said the review would determine whether or not the department could regulate AF Payments.
A Beep card price increase should have passed public consultation and the Cabinet should have studied its impact on inflation first, said Magno.
"Sinusubukan din nila iyong regulation, baka saklaw sila o hindi. Kumbaga, testing the waters," he said.
(They are testing the regulation, whether they are covered or not. In other words, they're testing the waters.)