LTFRB approves P30 new taxi flagdown rate


Commuters in Cagayan de Oro and nearby areas will now enjoy a reduction in taxi flagdown rate after the Land Transportation and Franchising Regulatory Board (LTFRB) early today officially announced the approval of the permanent flagdown rate for all taxis nationwide of P30. In its decision, the LTFRB mandates all taxicabs to charge P3.50 for every first 500 meters, every succeeding 500 meters and during waiting time for every 90 seconds.

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