Tags: MRT fare hike

With planned MRT, LRT fare hike, public to ‘subsidize’ profits of private concessionaires – RILES Network

Citing financial statements culled from past public consultations with DOTC and train operators, RILES Network said the real cost of a single ride ticket, which already covers the maintenance and operation, is only P9.50 ($0.21). What the government has been “subsidizing” is the difference between the current fare and the P60 ($1.35) per passenger fare it guaranteed to private concessionaires.

Post your latest Selfie vs MRT/LRT fare hike, consumers group urge riding public

MANILA — In a protest rally on various train stations all over Metro Manila this Monday, consumers group, #StrikeTheHike and progressive coalition, Bagong Alyansang Makabayan-National Capital Region (BAYAN-NCR) added another form of protest against the looming implementation of the P10 fare hikes on MRT and LRT. People opposed to train fare hikes who cannot attend…

PRESS RELEASE May 12, 2011 MANILA — “We are witnessing the full-blown revival of Kamag-Anak Inc. with the privatization of the LRT-MRT”. This was how Vencer Crisostomo, the national chairperson of the youth group Anakbayan, described the plans by the Aquino administration to privatize the LRT-1, LRT-2, and MRT-3 train systems in Metro Manila. According…