Ride-hailing fares are set for a temporary adjustment this Christmas season as the Land Transportation Franchising and Regulatory Board (LTFRB) moves to limit surge pricing during the year’s busiest travel period. LTFRB Chair Vigor Mendoza II announced that the reduced surge cap will take effect from December 17, 2025 until January 4, 2026, following the directive of President Ferdinand Marcos …
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The Market Monitor Minding the Nation's Business