Transport groups welcomed a long-awaited fare adjustment for ride-hailing services, saying it will ease mounting pressure on drivers grappling with rising fuel and maintenance costs.
The Land Transportation Franchising and Regulatory Board approved higher base fares for transport network vehicle services, marking the first increase since 2019 after years of appeals from drivers and operators.
Under the new rates, sedan base fares rise to P65 from P45, while AUV fares increase to P75 from P55. Hatchback trips will start at P55 from P35, and premium services go up to P165 from P145. Per kilometer and per minute charges remain unchanged.
Industry leaders said the move recognizes the strain of rising pump prices, vehicle upkeep, and broader economic pressures tied to global oil market tensions.
“This is a vital recognition of the challenges faced by ordinary drivers,” said Walter Lugay, who thanked regulators for acting on long-standing calls for fairer fares.
Lugay said the increase is crucial to keeping drivers on the road, warning that stagnant rates had pushed many close to leaving the sector.
“This is more than a price adjustment. It is a lifeline,” he said, adding that it could help stabilize driver numbers and sustain ride-hailing supply.
Transport groups said better earnings may also allow drivers to maintain safer vehicles, benefiting commuters who rely on app-based transport.
