Isuzu PH turns over modern PUVs to GRAB in re-opened Boracay Island on Oct. 26

PR 11/05/2018

Just in time for the re-opening of a rehabilitated Boracay Island, Isuzu Philippines Corporation (IPC) turned over to GRAB Philippines — units of the Isuzu modernized public utility vehicle (PUV) at the island’s Bolabog Terminal on October…

Grab opportunities online, go digital, businesses urged

Jose Santino S. Bunachita 10/23/2018

Businesses need to integrate themselves in the digital economy in order to cash in on the opportunities online. Presenting initial results from their study on the Digital Economy in the Philippines, World Bank Economist Kevin Chua said…

Grab, Uber fined P16M

Inquirer.net 10/18/2018

  The country’s antitrust body fined Grab and Uber P16 million for causing undue difficulties that prejudiced the review process of their controversial takeover deal. Top officials of the Philippine Competition Commission (PCC) said Wednesday that the…

Bangko Sentral grants e-money license to Grab

Inquirer.net 09/27/2018

THE Bangko Sentral ng Pilipinas (BSP) has granted an e-money license to Grab, which will enable the ride-hailing company to provide its consumers a number of additional payment services, aside from rides and express delivery. With the…

Singapore watchdog fines Grab, Uber $9.5 M over business merger

AFP 09/24/2018

SINGAPORE on Monday fined ride-hailing firms Grab and Uber $9.5 million for breaking competition rules when they merged, saying the deal had increased fares and thrown up roadblocks for competitors. Singapore-headquartered Grab agreed to buy US firm…

LTFRB orders Grab to pay P10M for overcharging customers

Inquirer.net 07/10/2018

THE Land Transportation Franchise and Regulatory Board (LTFRB) has ordered Grab Philippines to pay a penalty of P10 million for overcharging its customers. A statement from the LTFRB said Grab should also reimburse its passengers for the…

Grab fare hike now up for LTFRB resolution

Inquirer 06/26/2018

THE decision on whether to allow Grab Philippines to have a fare hike or not is now up to the board as the petition has been submitted for resolution. “Respondent therefore is directed to submit their right…

Toyota invests $1B in Grab

AP 06/13/2018

Tokyo — Japan’s top automaker Toyota Motor Corp. is investing $1 billion in Grab, the leading ride-hailing company in Southeast Asia, the company said Wednesday. Toyota said it reached a deal with Grab Holdings to strengthen the…

Grab says fare surge is only temporary with entry of 5 new TNVS

Inquirer.net 05/30/2018

GRAB assured the public on Wednesday that its fare surge is only temporary given the recent accreditation of five new transport network vehicle service (TNVS). According to Grab, the additional TNVS in the country would lessen the…

Grab eyes penalty charge for ride cancellation

Inquirer.net 05/08/2018

Grab Philippines may soon charge passengers extra for ride cancellations. “Yes, we are already reviewing it,” Grab country marketing head Cindy Toh said in a press conference on Tuesday. “For sure we can implement it quickly to…

LTFRB accredits ridesharing firm Hype to rival Grab

motioncars.inquirer.net 04/23/2018

DAYS after Uber’s exit from the country’s ride-hailing industry, the Land Transportation Franchising and Regulatory Board (LTFRB) accredited Hype Transport Systems Inc., a Filipino-owned transport network company (TNC) expected to rival the operations of Grab at a…

Grab maintains P2/minute charge legal; set to appeal LTFRB order

Inquirer.net 04/19/2018

Grab Philippines warned yesterday that the Land Transportation Franchising and Regulatory Board’s (LTFRB) suspension of its P2 per minute fare component would prompt drivers to leave, which may lead to longer waiting time for riders and a…

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