LTFRB revises TNVS fare rules ahead of surge pricing cap

MANILA, Philippines — To balance the impact of the surge pricing cap set to take effect on Dec. 20, the Land Transportation Franchising and Regulatory Board (LTFRB) has allowed ride-hailing services to start charging passengers once a booking is accepted, instead of from the pickup point. According to LTFRB Memorandum Circular No. 2025-058 dated Dec. 17, the