LRMC president and CEO Juan Alfonso told reporters last week that the concessionaire is considering the option of asking for a new round of fare adjustment in LRT-1.
Alfonso said that although the Department of Transportation (DOTr) allowed LRMC to increase LRT-1 fares in 2023, it has yet to recover previous losses from denied rate hikes in prior years.
LRMC requested the fare hike for LRT-1 in 2022, but gained approval to implement it only last year. Prior to this, the DOTr denied proposed adjustments in 2016, 2018 and 2020 and this forced LRMC to file an arbitration case to ask for at least P2.67 billion in compensation.
Denne historien er fra March 11, 2024-utgaven av The Philippine Star.
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Denne historien er fra March 11, 2024-utgaven av The Philippine Star.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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David Pardo Ayala Moved to Manila with Knives, Cookbooks & a Heart Full of Love
While at the Culinary Institute of America in upstate New York over two decades ago, Colombian-born David Pardo Ayala met the love of his life, a Filipina named Gianella.
Lucky Dumpling opens at Hann Resorts
Ever been up to the Pampanga and Clark area and craved Chinese food? There is good news since Lucky Dumpling just opened at Hann Resorts in Clark and is a perfect place to have dim sum and Cantonese food for lunch or dinner, even if one is just passing by the area.
FROM LEGENDS TO CHART-TOPPERS: 2025 CONCERT LINEUP FOR EVERY MUSIC FAN
From Dionne Warwick to Boyz II Men, a bountiful lineup of nostalgia acts will be hitting the Philippine stage this year.
WHY STREAMING SERVICE MAX IS BETTING BIG ON FILIPINO VIEWERS
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50th MMFF Extends Run Until Jan. 14 Due to 'Public Demand'
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Jollibee Takes Majority Control of Taiwan-Based Soup Brand
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DA funds to cushion impact of imports get substantial hike
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The reality on the ground can damage reputation
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MGen unit bags 600-MW gas project in Singapore
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Market Stays Blemish-Free in 2025
The local stock market has kept its record blemish-free so far this year, extending its winning streak to three sessions ahead of the release of the country's December inflation data today.
