MANILA, Philippines - Land Transportation Franchising and Regulatory Board (LTFRB) chairman Nelson Laluces said on Tuesday they will be publishing the new taxi fare rates on Wednesday.
This means the new rates will take effect 15 days later or by January 19.
However, the LTFRB gave several conditions before taxi operators can charge their passengers the new rates.
According to the LTFRB, all taxis should be equipped with meters issuing receipts before they are allowed to charge the new rates.
Aside from this, the meters have to undergo recalibration and resealing.
There are currently more than 22,000 taxi units in Metro Manila alone, and operators expect recalibration and resealing to be completed in 6 months due to the limited manpower of LTFRB.
The LTFRB plans to issue a sticker to taxis with recalibrated and resealed meters in order to help passengers identify which units are already charging new rates.
A group of commuters, however, is planning to file a fresh petition to stop the taxi fare hike.
But taxi operators said they can no longer allow this because the increase has been long overdue.
Some passengers are complaining that some taxis are already charging the new rates.
The LTFRB warned, this is considered overcharging for now, and passengers should report abusive drivers so they can be sanctioned.