Philippines Halts Public Transport Fare Increases
Philippines Halts Public Transport Fare Increases
On March 18, 2026, Philippine President Ferdinand Marcos Jr. intervened to stop a planned public transport fare increase just 24 hours before it was due.
This decision aims to protect commuters from the rising cost of living, which has been exacerbated by global oil price spikes linked to the Middle East conflict.
The hike, originally approved by the Land Transportation Franchising and Regulatory Board (LTFRB), would have affected jeepneys, buses, and taxis.
They advocate for systemic reforms, such as revising the Oil Deregulation Law, to address the underlying vulnerability of the economy to global energy market fluctuations.
The LTFRB continues to monitor routes to ensure the fare freeze is strictly observed, leaving the tension between commuter affordability and operator viability as an ongoing challenge for the administration.
