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 International Energy Agency (IEA) expects coal demand in the Philippines to remain stable this year
SM Offices and Visa have signed an expansion lease that will allow the digital payments company
The Philippine Ports Authority (PPA) is strengthening ports nationwide to make them more resilient against typhoons,
Security Bank Corporation remains optimistic about its growth prospects despite global economic uncertainty and the prolonged
The Philippine government launched the final draft of the Philippines AI+ Infrastructure Masterplan 2026–2033, a $34.4-billion
