The Land Transportation Franchising and Regulatory Board (LTFRB) is shifting to a ₱10-per-liter fuel subsidy after its budget for the service contracting program was exhausted after five weeks.
Officials said the move aims to cover more public utility vehicles, including jeepneys and UV Express units, amid limited funding of ₱800 million for 2025.
Around 141,724 vehicles are eligible for the subsidy across more than 4,000 participating gasoline stations nationwide.
The Department of Transportation has requested an additional ₱5 billion budget, while some local government units have been urged to implement their own service contracting programs.
Transport groups, however, said the fuel subsidy remains insufficient to offset fuel taxes.
Source: PhilNews24 | May 24, 2026
Latest from News
The Philippines and Cyprus signed an agreement recognizing each other’s maritime qualifications, opening more job opportunities
President Ferdinand Marcos Jr. congratulated Indian Prime Minister Narendra Modi for completing 25 years of public
Former public works undersecretary Roberto Bernardo admitted receiving P120 million from fugitive congressman Zaldy Co as
The Department of Health (DOH) is monitoring developments in Russia following the death of a laboratory
Police said there is no evidence linking a man beaten by residents to the fire that
