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News and Events

Hate Grab's Price Surge? Now, There's Insurance Cover for That

Singapore's NTUC Income starts selling insurance plan against price surge when it rains in the city-state

Commuters everywhere love the convenience offered by ride-sharing platforms but hate it when prices surge in response to spikes in demand or slumps in supply due to factors ranging from road accidents, rush hours or even bad weather.In response, a Singaporean insurance ...

by Lorenzo Kyle Subido  | October 26, 2018 01:00:00
News and Events

Do You Use GrabPay for Your Rides? Soon, You Can Tap Mobile Wallet to Buy From Mastercard's 3M Global Merchants

Partnership allows Grab's mobile wallet users to acquire and use Mastercard Prepaid Card worldwide

Singapore-based transportation and technology company Grab has announced a partnership with global financial firm Mastercard that will allow GrabPay users to acquire Mastercard prepaid cards that can be used worldwide.In a press release published on October 25, Grab said that it will ...

by Lorenzo Kyle Subido  | October 25, 2018 04:00:00
News and Events

PH Anti-Trust Body Fines Grab and Uber Php16-M for Various Violations Regarding Merger

The PCC listed 10 violations the two parties made to its Interim Measures Order

The Philippine Competition Commission (PCC) has announced that it will be fining transport network companies (TNCs) Grab Philippines and Uber a total of Php16 million for various violations in connection with their merger last April.In a press release sent to media outlets ...

by Lorenzo Kyle Subido  | October 17, 2018 02:00:00
News and Events

After GrabCar, GrabPay and GrabFood, Now Comes GrabAds

Ride-hailing giant aims to market to riders while bringing them from Point A to Point B

A ride with the country’s largest car-hailing platform Grab Philippines will no longer just be about getting from Point A to Point B. Increasingly, it will now also be getting the rider to buy this or that as the regional transport network ...

by Elyssa Christine Lopez  | October 17, 2018 08:00:00
News and Events

Booking a Ride With Grab PH Eases as Allocation Rate Climbs After Return of Time-Based Charge

Active drivers are putting in more time but the platform still lacks vehicles

If you feel like booking a ride with Grab Philippines, the country’s biggest ride-hailing company, has been getting easier these days, don’t credit it to luck. The platform’s drivers are simply taking more trips, thanks to the re-imposition of its Php2 per ...

by Elyssa Christine Lopez  | October 08, 2018 10:00:00
News and Events

Did LTFRB Just Thwart Go-Jek's Plans to Enter PH and Compete vs. Grab?

Indonesian startup's application is "on hold" after agency adopts fresh moratorium on new ride-hailing platforms

The Land Transportation Franchising and Regulatory Board (LTFRB) has stopped issuing licenses for transport network companies (TNCs) anew as the agency studies its self-imposed supply cap for the service providers in the industry.In Memorandum Circular No. 2018-016 published on August 15 in ...

by Elyssa Christine Lopez  | September 28, 2018 10:00:00
News and Events

Want Cheaper Grab Rides? Virtual Token Users Get as Much as Php100 Discount Per Trip

Appsolutely has partnered with Grab Philippines to allow LoyalCoin holders to avail of discounted fares

The return of the time-based fare charge on Grab Philippines and Hype Transport car-hailing rides could mean pricier trips for customers though it could also help boost the availability of the service. Entrepreneur Philippines estimates that the time-based component of the fare, ...

by Lorenzo Kyle Subido  | September 25, 2018 04:00:00
News and Events

Grab, Uber Fined $9.5 Million by Singapore's Competition Watchdog

Body also ordered Grab to revert to its pre-merger pricing

Singapore’s competition body has fined Grab and Uber a total of $9.5 million for its merger, saying the deal “has led to a substantial lessening of competition in the provision of ride-hailing platform services” in the city-state.Related story: Singapore Proposes Fines on ...

by Paul John Caña  | September 24, 2018 12:00:00
News and Events

How the Return of Time-Based Charges Will Impact the Cost of Car-Hailing Rides on Grab and Hype

Grab PH cuts maximum price surge from 2x to 1.6x to ease burden on customers

Riders of ride-hailing companies Grab Philippines and Hype Transport Systems Inc. will have to pay the time-based charge again starting today, September 21, after the Land Transportation Franchising and Regulatory Board (LTFRB) lifted its suspension of the fare component on September 4.In ...

by Pauline Macaraeg  | September 21, 2018 03:00:00
News and Events

Will PUVs Soon Be Exempt from Number Coding Scheme in Metro Manila?

DOTr reveals policy shift provided private sector support carpooling and use of public transport

Government authorities in charge of transport and road traffic policies in Metro Manila are now open to the idea of conditionally exempting public utility vehicles (PUVs) from the Metro Manila Development Authority (MMDA)’s number coding scheme, the Department of Transportation said in ...

by Elyssa Christine Lopez  | September 17, 2018 05:00:00
News and Events

LTFRB Lifts Suspension of Grab PH's Php2 per Minute Charge

Regulatory body orders ride-hailing company to unbundle fare components in receipt

The Land Transportation Franchising and Regulatory Board (LTFRB) has lifted its suspension of Grab Philippines’ Php2 per minute charge in an order released September 5, according to an official of the regulatory body.The order, which takes effect 15 days after publication in ...

by Elyssa Christine Lopez  | September 05, 2018 05:00:00
News and Events

Voices from the Road: TNVS Drivers Weigh Impact of LTFRB Actions on Viability of Ride-Sharing Business

Car owners vow to serve commuters despite earnings drop due to higher fuel prices and adverse regulations

At Php2 per minute, the time component of the fare that users of GrabCar ride-hailing service pay for a trip looks minor. That seems to be the impression when compared to the Php40 base fare that kicks in as soon as you ...

by Roel Landingin and Pauline Macaraeg  | September 05, 2018 03:00:00
News and Events

LTFRB Reverses Order Compelling Grab PH to Reimburse Riders for 'Unauthorized' Fare Charge

However, ride-hailing company will still need to pay Php10-million penalty

The Land Transportation and Franchising Board has reversed its July 9 order to MyTaxi.Ph Inc., the company operating Grab Philippines, to reimburse the Php2 per minute it charged to riders for trips made from June 2017 to April 2018 through rebates, giving ...

by Elyssa Christine Lopez  | September 04, 2018 06:00:00
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