Threat of Transport Strike

Some transport groups are now starting to give warnings on the possibility of the transport strike if the government will not allow them to increase the minimum fare. They are not after about getting returns on what they have invested on jeep parts, they are actually in protest about the constantly increasing fuel prices. The big players in the oil industry has led four price increases since the start of the year 2012 and according to the public vehicle drivers nothing is left to them for their everyday living. They have been asking to increase the minimum fare from P8 to P10. On the other hand, the Land Transportation Franchising and Regulatory Board (LTFRB) is already acting on their request while they are also trying to consider and balance out the needs of everybody especially the consumers.