LTFRB defers implementation of temporary TNVS surge price cap to Dec. 20
The Land Transportation Franchising and Regulatory Board (LTFRB) has deferred the implementation of the temporary reduction in surge pricing for transport network vehicle services (TNVS). In a statement on Wednesday, the LTFRB said it granted the request of ride-hailing firms to move the start of the implementation of the surge pricing cap to Dec. 20, 2025, instead of its original start date of Wednesday, Dec. 17, 2025.
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