The Light Rail Transit Line 2 (LRT-2) saw an 8% increase in ridership, reaching 42.04 million passengers in the first nine months of the year, with a record 5.15 million passengers in September.
However, revenue only rose by 1% to ₱942.33 million due to higher government-mandated discounts for students, persons with disabilities, and senior citizens.
Since the discount hike from 20% to 50% in June, fares dropped significantly, leading to increased ridership but stagnating revenue.
The Light Rail Transit Authority (LRTA) relies on revenue to fund operations and future projects like the P10.12 billion LRT-2 West Extension.
Despite the financial strain, the Department of Transportation plans to maintain the 50% discount through the Marcos administration until 2028.
Source: PhilNews24 | October 16, 2025
Latest from Business
The Department of Trade and Industry (DTI) is seeking public feedback on a draft policy that
Grab Philippines is implementing measures to ease holiday travel, including free airport transfers from NAIA Terminal
Globe Telecom and the Bank of the Philippine Islands (BPI) have launched a Proof of Concept
The Department of Agriculture (DA) will raffle off a portion of unused fish import permits to
Vietnam’s rice exports are projected to drop 11.5 percent this year to around 8 million metric
