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Run & Grow

How Motorbike-Hailing Startup Angkas Thrived Amid a Regulatory Crackdown

Being agile and flexible, pretty much like the two-wheeled vehicle itself, has many advantages.

Clad in a leather jacket, skinny jeans and a multi-colored Nike Flyknits, Angeline Tham stood out in an audience dressed mostly in formal wear at the plenary hall of the Philippine International Convention Center (PICC) in early October. She spoke at the ...

by Elyssa Christine Lopez  | October 29, 2018 08:00:00
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

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
News and Events

Indonesia's Go-Jek Seeks Provisional Permit and Forms Firm in PH, Says LTFRB Official

Transport regulator warns the Southeast Asian unicorn could wipe out local ride-hailing companies

Go-Jek, Indonesia’s first unicorn and leading ride-hailing and technology company, is seeking a permit to operate in the Philippines after incorporating a domestic affiliate, according to an official of the Land Transportation Franchising and Regulatory Board (LTFRB).Speaking during a congressional hearing on ...

by Pauline Macaraeg  | August 30, 2018 07:00:00
News and Events

LTFRB Backtracks on Warning to Go After 'Colorum' Ride-Hailing Cars Starting Sept. 1

Agency says only 782 applications for permits were received since issuing the warning

The Land Transportation Franchising and Regulatory Board (LTFRB) has agreed to push back the crackdown on unauthorized or “colorum” transport network vehicle services (TNVS) providers, which was set to begin on September 1.The LTFRB has not announced a new date for the ...

by Pauline Macaraeg  | August 30, 2018 06:00:00
News and Events

As LTFRB Sets Sept. 1 Crackdown Vs 'Colorum' Ride-Sharing Cars, Drivers Raise Concerns

Low proportion of applications point to problems about regulation and attractiveness of TNVS as a business

The Land Transportation Franchising and Regulatory Board (LTFRB) has announced it will launch, yet again, a crackdown against so-called “colorum” or unauthorized ride-sharing cars starting September 1, according to news reports. It had previously announced a similar move, set to begin August ...

by Pauline Macaraeg  | August 24, 2018 07:00:00
News and Events

Manila Taxis May Soon Charge Higher Fares That Match Ride-Hailing Apps' Tariffs. Will Better Service Follow Suit?

LTFRB starts re-calibrating meters of taxis in Metro Manila to reflect fare hikes approved in 2017

After a delay lasting all of seven months, the Land Transportation Franchising and Regulatory Board (LTFRB) finally started re-calibrating meters of taxicabs operating in Metro Manila on July 31 to reflect higher fares approved way back in November 2017.  The process was ...

by Elyssa Christine Lopez  | August 03, 2018 06:00:00
News and Events

Why You Can't Get a Taxi or Car Using the New Ride-Hailing Apps in Metro Manila

Micab's founder rails against what he calls Grab's unfair competitive actions that ultimately hurt consumers

Eddie Ybañez is the co-founder and CEO of taxi-hailing app MicabWhen you try to book a cab or a private car through one of the new transportation network companies (TNC) granted approval to operate in Metro Manila recently, and have trouble getting ...

by Eddie Ybañez  | July 26, 2018 10:00:00
News and Events

Grab Unveils 'Everyday Super App' as It Expands Beyond its Core Business

Transport, food, groceries, logistics and financial services-all in one app

Grab Group CEO and co-founder Anthony Tan speaking at the Grab event in Singapore on July 10Southeast Asian ride-hailing giant Grab unveiled an on-demand grocery delivery service in Singapore as it seeks to expand beyond its core business and become an “everyday ...

by Glen Concio and Pauline Macaraeg  | July 10, 2018 06:00:00
Business Ideas

PH Tech Startup Solves Staff Parking Woes by Optimizing Use of Company Car Parks

Fetch boosted utilization of BPI headquarters' parking space from 63 percent to 136 percent

Fetch is a service that uses either an office building’s existing parking space or a nearby pay-parking area to manage vehicles of its corporate clients’ employeesLast November, navigation app Waze named the Philippines the worst place to be a driver in the world, ...

by Lorenzo Kyle Subido  | July 06, 2018 09:00:00
News and Events

Grab PH to Subsidize Drivers Earning Less Than Breakeven Fare Amid Adverse LTFRB Rules and Higher Fuel Prices

The transport network company expects to shell out Php100 million a month for the subsidy

Transport network company Grab Philippines announced on June 18 that it would subsidize all its drivers who will earn less than the breakeven fare amid tougher regulations from the Land Transportation Franchising and Regulatory Board (LTFRB) and rising fuel prices.The company estimates ...

by Pauline Macaraeg  | June 19, 2018 06:00:00
News and Events

Grab Drivers Count Their Losses After Fuel Prices Surged and LTFRB Removed Per Minute Charge

Two drivers share their estimates of the impact of recent regulatory changes

In explaining why it has become harder of late for Grab customers in Metro Manila to book a ride, the company’s Philippine country head, Brian Cu, cited the 18.6 percent reduction in available cars—from 43,000 to 35,000—due mainly to delays in the ...

by Pauline Macaraeg  | May 03, 2018 06:00:00
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