Tuesday, May 31, 2011

LRT, MRT FARE HIKES SUSPENDED


By CHARISSA M. LUCI, mb.com.ph

Good news for the riding public, especially students: The implementation of the new fare matrix for the Light Rail Transit (LRT) and Metro Rail Transit (MRT) will remain indefinitely suspended.

During Tuesday’s joint hearing of the House Committees on Transportation and Government Enterprises and Privatization, Atty. Hernando Cabrera, corporate secretary of the Light Rail Transit Authority (LRTA), said the MRT and LRT fare hikes have been indefinitely shelved to ease the plight of the riding public who have been reeling from continued increases in the prices of oil and basic commodities. [ FULL STORY ]