estimates that although the deposits are eventually returned, they earn meager interests of 0.250 percent per annum or P650 million for consumers, while Meralco earns 10.8 percent to 13 percent, or P2.6 billion to P3.3 billion from deposits at P26 billion.
City transport chief Coun Len Gregory said: "Studies elsewhere in the UK have shown that there can be many benefits to be gained by the introduction of UFCCs
, including less congestion, reduction in noise and air pollution and in the number of accidents."
The LTFRB said it will set a a hearing on the UFCC
The appeal was filed last October 23, as the UFCC
argued that the fare hike was 'unfortunate for millions of people.'
'The House report's silence about alleged ERC corruption and its link to the ERC's decision to accept the Meralco PSAs past deadline is highly suspicious,' the UFCC
'It is most respectfully prayed that the approved fare increases of jeeps and buses be stopped or withheld for the sake of people of the Philippines,' the UFCC
said in a petition filed by its representatives Arlis Acao and Rodolfo Javellana.
Petitioner RJ Javellana of the United Filipinos Consumers and Commuters (UFCC
) said they received on Monday the notice of hearing from the LTFRB which the hearing on their petition on December 4.
In a decision signed yesterday, the LTFRB denied the motion for reconsideration filed by Arlis Acao and Rodolfo Javellano from the United Filipino Consumers and Commuters (UFCC
), who asked the board to stop the approved fare increase.
LTFRB Chairman Martin Delgra III on Tuesday told INQUIRER.net that the board would discuss the motion for reconsideration filed by United Filipino Consumers and Commuters (UFCC
Backed by Sagupaan Superfeeds and Complexor 3000 and hosted by Rey Soberano, the 2017 UFCC
Cocker of the Year with LB Candelaria, the event serves as a follow-up to last week's Rey San Luis four-cock event that featured 114 fights.
He showed investigators a business permit for a 'UFCC
Meridien Vista Pay Per View' and an expired certification issued by North Cagayan Gaming and Amusement Corp.
Earlier this week, United Filipino Consumers and Commuters (UFCC
) filed anew a petition to the LTFRB to reopen discussions on PUV fare adjustments amid series of fuel price rollbacks.