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LTFRB authorizes TNVS to charge Php2/min travel rate

Looks like the Land Transportation Franchising and Regulatory Board (LTFRB) is backpedaling on their initial sentence to Grab about travel rates. The board today, authorized transport network vehicle service (TNVS) providers to charge Php2/min travel rate to their passengers.

This is quite a shocking move as just two months ago the board themselves penalized Grab for charging Php2/min to their riders. This even included an order to reimburse the affected riders. The reason behind this change was to maintain the viability of TNVS providers. As stated by the order, after a thorough review of the current fare structure the board deemed it necessary to impose the new travel rate.

source: Inquirer.net

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Avatar for Zen Estacio

Zen Estacio is a Multimedia Producer for YugaTech. He is the team's laptop guru and one of their resident gamers. He has a monthly column compiling the latest and greatest the Nintendo Switch has to offer. Aside from that, he regularly writes gaming news, reviews, and impressions. You can hit him up at @papanZEN

2 Responses

  1. Avatar for elwin elwin says:

    1 of the useless agency in Philippines. Instead of providing better service to the public, they seems doing the opposite way.

  2. Avatar for aa1 aa1 says:

    Nagkabayaran na

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