00:00 Passengers are warned that a high-speed train will be running on the jeep before the year ends.
00:05 But it's not yet confirmed how much and when exactly it will run.
00:09 Raffi Tima is on the scene.
00:11 No one has heard of the high-speed train.
00:19 The LTFRB is sure that when they will give this, the only question is when and how much.
00:24 It's hard to balance.
00:27 We understand that.
00:29 So we understand, we will consider the fare hike.
00:33 However, give us a little time to determine how much and when would be the appropriate time to impose the fare hike.
00:42 Last month, three transport groups requested for 5 pesos for the high-speed train.
00:46 This is in addition to the requested for 1 pesos for the temporary high-speed train while they are hearing their petition.
00:51 The LTFRB explained that they need to wait for the National Economic Development Authority's study on how much it can increase and the related effect of it on the economy.
01:02 If the fare hike is like this, what is the effect? How many percentage of inflation will it increase?
01:09 It's not that.
01:11 The families of the troopers will also suffer if the price of everything they buy increases.
01:19 On September 26, the fare hike petition was heard.
01:23 If the study is to be followed for a month, the LTFRB's decision may be released after October or November.
01:30 It's a good thing that the petitioners did not accept that they have not received any income from their families for several months.
01:37 You will feel like you're six if the horse is dead.
01:40 It's not like that.
01:41 We know that this will affect us.
01:44 But what is affecting us now, did they see it?
01:47 Are we the public transport sector that is affected by what they saw?
01:52 The fuel subsidy aid that the LTFRB announced will be a big help starting today.
01:57 But until yesterday at 3 p.m., the operators' debit cards have not been accepted.
02:03 This is what our people have been waiting for a long time, especially the PUJ.
02:07 Because of the continuous increase of the oil product, especially our diesel, it's really hard for the driver.
02:15 But the LTFRB said that they will now enter the fund in the land bank for 50,000 beneficiaries.
02:22 It will be added the next few days until the fund is filled for 1.6 million beneficiaries.
02:28 So far as the LTFRB is concerned, the money is already downloaded.
02:33 It's already in the processing of the land bank.
02:36 How fast can they credit the money to the individual accounts of the operators?
02:42 We are asking the land bank to be quick.
02:45 Last September, the LTFRB finally agreed to increase the price of public utility vehicles
02:52 because of the continuous increase of the price of the oil product.
02:56 The drivers now have the same reason for asking for a fair increase.
03:00 And they will not be far from asking for a high price until the oil price also does not stop increasing.
03:07 For GMA Integrated News, Rafi Tima, for Tutok, 24 hours.
