At a hearing in Quezon City today, the Land Transportation Franchising and Regulatory Board (LTFRB) ordered TNVS provider Grab to lower its surge multiplier from 2.0x to 1.5x, effective immediately. Grab's management has said that they will comply with the LTFRB's order. Ronald Roda, Grab Philippines' senior director for strategy and operations has stated that the company has recently filed a petition before the Land Transportation Franchising and Regulatory Board (LTFRB) in accommodating its price hike and is set to hear the petition this June 29. Read more in our articles including "LTFRB orders Grab to lower surge multiplier from 2.0x to 1.5x" and "Grab resumes 24/7 operations in Metro Manila and select provinces".
At a hearing in Quezon City today, the Land Transportation Franchising and Regulatory Board (LTFRB) ordered TNVS provider Grab to lower its surge multiplier from 2.0x to 1.5x, effective immediately. Grab's management has said that they will comply with the LTFRB's order.
Ronald Roda, Grab Philippines' senior director for strategy and operations has stated that the company has recently filed a petition before the Land Transportation Franchising and Regulatory Board (LTFRB) in accommodating its price hike and is set to hear the petition this June 29.
Our coverage of grab ltfrb surge order philippines includes: "LTFRB orders Grab to lower surge multiplier from 2.0x to 1.5x"; "Grab resumes 24/7 operations in Metro Manila and select provinces"; "Grab introduces GrabCar 6-seater and offers EDSA ride w/ GrabJeep". Each article provides unique insights and information.