If I remember correctly, the MRT has historically been operating at a loss. It may seem callous, but unless there are more subsidies for these train systems, then it does need this price hike.
Philippines
Mabuhay at maligayang pag-alis sa Lemmy! โ๏ธ
An abandoned community for the Philippines and all things Filipino! ๐ต๐ญ
Started out as a Reddit alternative during the blackout from Jun 12-21, 2023 with over 1k members in just a few days. Fizzled faster than the "I Didn't Do It" kid after a month until it became the internet's Centralia in less than a year.
Filipino artists whose works were featured on our daily random thread covers.
MRT is operating at loss, though.
Echoing the sentiment of the others here: MRTโ has been operating at a loss, and this has effects on maintenance and service.
Masakit mang pasanin, kailangan talagang tanggapin. MRT without gov't subsidy would need to charge fares roughly around 60php (random guesstimate) for the entire line--kapantay ng bus fares covering the same distance, to somehow break even. I haven't crunched any numbers here though. Magkano na ba bus fares ngayon?
EDSA carousel bus from Ayala to Trinoma is 35php. The train for the same distance is 24php I think. We probably one of the lowest train fares in the world. average cheapest fare elsewhere is around 50-60 php converted.
Ah, thanks for this info. Di pa ako nakakasakay ng EDSA bus carousel eh, pero di ba subsidized din ito? ๐ค
My random guesstimate of 60 PhP for the entire line is based on pre-pandemic bus fares eh, so wala pang EDSA bus carousel.
Di ako sure kung subsidized pa rin siya, pero definitely di na siya libre like last year.
I see, thanks! Suspiciously low kasi yung pasahe sa EDSAโ bus carousel eh, that's why I was wondering if it's a subsidized fare.
Here's a news story I found that makes me think it's indeed a discounted (subsidized) price: LTFRB eyes discounts instead of 'Libreng Sakay' in EDSA Bus Carousel Kaso ala naman akong makitang news article kung ano nangyari dun sa plano na yan.