Wednesday 12 December 2018
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inquirer - 3 month ago

Grab lowers surge rate temporarily to 1.6 times

Ride-hailing giant Grab has temporarily lowered its surge rate from double during rush hours to 1.6 times as the additional P2-per-minute travel rate recently approved by the Land Transportation Franchising and Regulatory Board (LTFRB) kicked in on Friday. This temporary fare reduction, said Grab spokesperson Leo Gonzales, was to help its passengers adjust their daily transportation budget in the wake of the sudden fare change. On September 5, the LTFRB allowed transport network companies (TNCs) Gra

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