LTFRB issues circular imposing cut, changes in surge pricing for TNVS

MANILA, Philippines — The Land Transportation Franchising and Regulatory Board (LTFRB) has issued a memorandum circular imposing a temporary adjustment and reduction of surge pricing for Transport Network Vehicle Services (TNVS). The LTFRB confirmed this to INQUIRER through a Viber message on Friday. Based on the memorandum circular No. 56 provided by the LTFRB, the