LTFRB, tiniyak na magkakaroon ng taas-pasahe sa jeep bago matapos ang taon | UB - video Dailymotion

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Transcript

00:00 The Land Transportation Franchising and Regulatory Board or LTFRB promised that there will be a raise in the price of jeep before the year ends.

00:08 We will now invite President Modi Floranda to give us a dive. Good morning.

00:14 Good morning sir Arnold and to all our viewers, good morning to all.

00:20 The LTFRB has not yet announced how much the price will be raised. But in your opinion, do you have any petitions in the LTFRB?

00:27 Our friends in different federations filed a five-piece bill in the past month.

00:34 In our part of the country, some federations also filed a bill.

00:42 But when President Arnold opened the bill in 2017-2035, it was found that if the price of oil rises to 45 pesos,

00:53 it will automatically have a minimum of 50 cents to be added. This is what the four federations filed.

01:01 But how much do you want to raise?

01:04 We are still considering the overall needs of our oil and of course our fellow countrymen.

01:14 We are more concerned about the price of oil. It's like a sector, our fellow countrymen, are more concerned about the price of oil.

01:27 If the price of oil rises, the effect of the price of oil will automatically decrease.

01:34 How much is it, Mr. Modi?

01:37 As of now, it's difficult, especially in the continuation of the price of oil.

01:45 But the LTFRB is saying that they will give 50 or 80 pesos, but there's no use in that because the price of oil has risen by 11.3 times,

01:58 and the price of diesel has increased by 16 pesos per liter. So it's possible that the LTFRB will still consider it.

02:06 If the oil price will rise, how much will be our share?

02:13 It will be lower because if the oil price is removed, it will automatically have 16 pesos per liter to be exchanged for diesel.

02:23 We will reach the minimum of 10 pesos if the oil price is removed.

02:33 Has the fuel subsidy been accepted by all the members of Pistons?

02:38 As of now, the report is different. It's a big problem here sir Arnold.

02:43 Most of our operators are named after their own franchisees, but the former owners of the franchisees are still here.

02:53 We have already discussed this with Chairman Guadid and Secretary Jim Bautista. We hope that they will discuss the ceiling transfer first

03:03 so that the small-scale owners of the vehicles can benefit from the subsidy.

03:09 Okay. We also asked for your reaction on the tightening of the license of the LTFRB or LTO, the psychological profiling requirement.

03:21 Is it in the favor of the drivers?

03:23 It's in our favor. If it's in the favor of our drivers, we will not violate the regulations.

03:30 Thank you very much.

03:32 Thank you.

03:33 Pistons President Modi Floranda, take care.

03:35 Take care.

03:38 Igan, you are the first in the news. Subscribe to GMA Integrated News on YouTube.

03:44 To all the listeners abroad, follow us on GMA Pinoy TV and www.gmanews.tv.

03:51 [Music]

LTFRB, tiniyak na magkakaroon ng taas-pasahe sa jeep bago matapos ang taon | UB

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