#LTFRB philippines

Looks like the Land Transportation Franchising and Regulatory Board (LTFRB) is backpedaling on their initial sentence to Grab about travel rates. A recent Facebook post by LTFRB Citizen Enforcer detailed that students can now avail fare discount on weekends, holidays, and summer breaks. The Land Transportation Franchising and Regulatory Board (LTFRB) Memorandum Circular 2017-024 states that students can avail the 20% discount from Monday to Sunday with the inclusion of legal and special legal holidays and summer breaks. Grab recently posted their official statement on their Facebook page regarding LTFRB's order on accepting new drivers in their company. In their statement, Grab has asked their passengers to bear with them as there is an increase in their bookings since Uber's operations has been suspended from LTFRB's order (see article here.) They also said that they have capped their fare matrix at 1.4x and has regulated the threshold for passenger surges to control the fares. After the announcing the one-month suspension order of LTFRB to Uber yesterday, the company has filed a motion for reconsideration and has resumed their service operations. After the Facebook post of LTFRB stating that all Transport Network Vehicle Service (TVNS) of Uber shall be suspended for 1 month, Uber has stated in their facebook post that its services will resume until the motion is resolved. Read more in our articles including "LTFRB authorizes TNVS to charge Php2/min travel rate" and "LTFRB Memo: Students can avail fare discount on weekends, holidays, and summer breaks".