Fare hike?

What’s this thing about raising the current MRT-3 fare from P15 to P72? (max)

Apparently, the daily profits of endless commuters is not enough for the operating expenses.

While the MRTC was earning in pesos, its obligations were being paid in dollars, he [MRT Corp. General Manager] said.

Oh dear. If this does come to pass, how in the world will the regular commuter pay for this? P72 is still too much. The general public might just go back to the horrors of bus commuting. And to think I was already jumping with the news of MRT’s project to link the metro to my front gate. (Uhm, okay, at least up to our town anyway.)

*MRT-3 is the EDSA line.

News from Inq7.net

3 Comments so far

  1. nina (unregistered) on January 16th, 2006 @ 5:37 pm

    damn, that’s steep. but remember, the fares when it first opened was pretty high.. Php25 North Ave to Ayala Station, I think. And that was already low for the actual fare. The government is subsidizing the difference, and sadly, resulting to a deficit. I read in the newspaper that the ads all over the MRT goes directly to the private “owners” of thr MRT, and not to help support the train’s operations…


  2. kyameel (unregistered) on January 16th, 2006 @ 5:40 pm

    Oh. Is that what the *obligations* are?

    Hnm. But still, P72 is a bit on the pricey side. Bargain perhaps? Like P30 to P40? (FX max standard?)


  3. nina (unregistered) on January 17th, 2006 @ 6:53 pm

    maybe if they raise it gradually..



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