Uber gets go ahead in the Philippines after paying nearly $10 million in penalties

Uber gets go ahead in the Philippines after paying nearly  million in penaltiesThe Philippine traffic regulator lifted a one-month suspension on ride-sharing firm Uber on August 29 after the company paid almost $10 million in a fine and financial support to its drivers affected by the halted operations.

Originally, the Land Transportation Franchising and Regulatory Board suspended Uber’s operations for a month from August 14 for violating an order to stop accepting new driver applications. The board then demanded Uber to pay a fine of 190 million Philippine pesos ($3.72 million) and another 300 million pesos ($5.87 million) as financial assistance to nearly 30,000 affected drivers.

Uber finally agreed and, after reaching the settlement, resumed operations in the country immediately.

The suspension of the ride-sharing service sparked outrage among commuters and residents in Manila. Many people in the Philippine capital prefer services such as Uber and Grab over conventional taxis, whose drivers have a reputation for exploiting passengers by not using meters and refusing customers based on how far they are traveling.



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The Philippine traffic regulator lifted a one-month suspension on ride-sharing firm Uber on August 29 after the company paid almost $10 million in a fine and financial support to its drivers affected by the halted operations. Originally, the Land Transportation Franchising and Regulatory Board suspended Uber's operations for a month from August 14 for violating an order to stop accepting new driver applications. The board then demanded Uber to pay a fine of 190 million Philippine pesos ($3.72 million) and another 300 million pesos ($5.87 million) as financial assistance to nearly 30,000 affected drivers. Uber finally agreed and, after reaching...

Uber gets go ahead in the Philippines after paying nearly  million in penaltiesThe Philippine traffic regulator lifted a one-month suspension on ride-sharing firm Uber on August 29 after the company paid almost $10 million in a fine and financial support to its drivers affected by the halted operations.

Originally, the Land Transportation Franchising and Regulatory Board suspended Uber’s operations for a month from August 14 for violating an order to stop accepting new driver applications. The board then demanded Uber to pay a fine of 190 million Philippine pesos ($3.72 million) and another 300 million pesos ($5.87 million) as financial assistance to nearly 30,000 affected drivers.

Uber finally agreed and, after reaching the settlement, resumed operations in the country immediately.

The suspension of the ride-sharing service sparked outrage among commuters and residents in Manila. Many people in the Philippine capital prefer services such as Uber and Grab over conventional taxis, whose drivers have a reputation for exploiting passengers by not using meters and refusing customers based on how far they are traveling.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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