LTFRB approves P0.50 jeepney fare hike. Min. rate is P8.50 starting June 14

So as the news goes, the LTFRB approved of a P0.50 fare hike for the jeepneys. The minimum fare rate will be P8.50 starting June 14, 2014, Winston Ginez, LTFRB chairman, announced in a press briefing.

Jeepney minimum fare in metro manila

The fare increase is a result of the deliberation made by the Land Transportation Franchising and Regulatory Board (LTFRB), in response to the fare increase proposal from the public utility jeepney (PUJ) operators.

According to Ginez, the fare rate change will only apply in Metro Manila, Central Luzon, Calabrzon and Mimaropa regions.

Still, discounts will be applicable as:
P1.50 less of the standard fare, for senior citizens, students, and people with disability.
A mention of the 'LTFRB approving P0.50 jeepney fare hike' can also be found in the official Twitter account of LTFRB Chairman:
Sometime in March, LTFRB warned jeepney operators and drivers not to impose any fare hike. The talk of the town was a P8.50 rate. This got in today, as per official announcement by the transport board.

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