Sunday 20 May 2018
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3 months ago

LTFRB raises Uber, Grab cap to 66,750

The Land Transportation Franchising and Regulatory Board (LTFRB) adjusted on Monday the cap on the number of Uber and Grab vehicles to ensure that these would be enough to meet passenger demand and allow drivers to keep their source of livelihood. From 45,700 cars, the common supply base for transport network vehicle services (TNVS) went up to 66,750 under LTFRB Memorandum Circular No. 2018-005. Metro Manila got the lion s share of 65,000 cars, while Metro Cebu and Pampanga province were allocated 1,50

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PSEi back to 7,800

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