Solon asks taxi operators to defer bid for fare hike By Gerry Baldo 03/03/2012

Solon asks taxi operators to defer bid for fare hike

By Gerry Baldo 03/03/2012

A lawmaker representing the party-list Liquefied Petroleum Gas (LPG) Marketers Association yesterday called on taxi operators to defer moves for an increase in the taxi rates because the prices of petroleum products and LPG are expected to drop this summer.

According to Rep. Arnel Ty, the increase in the prices of LPG and petroleum products will stop this summer due to the expected decline in demand around the world.

“They should wait for one more month and if the price of LPG still doesn’t drop, then that’s okay. I will be supporting their proposal for increase. Another hike would be impossible,” Ty said..... MORE

Source:  The Daily Tribune

URL: http://www.tribuneonline.org/metro/20120303met1.html