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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…
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…
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…
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 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…
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…
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…
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 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 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…
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 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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