Uber Philippines slapped with hefty fine

Uber Philippines slapped with hefty fineThe Philippine transport regulator said on August 25 that a one-month suspension ordered earlier this month on ride-sharing service Uber in the Philippines would only be lifted if a penalty of 190 million pesos ($3.7 million) would be paid. The fine is nearly 20 times greater than Uber had offered to pay, Reuters reported.

The regulator also said that Uber needed to collectively pay its drivers nearly 20 million pesos daily as financial assistance during the suspension period.

Uber reacted saying that they were “working hard to meet the conditions for the lifting of the suspension and hope to resume operations as soon as possible”.

According to Philippine media reports, the company is willing to pay the 190-million peso fine to settle the dispute quickly.

The regulator halted Uber’s operations for a month from August 14 for disregarding a directive to stop accepting new driver applications. Uber, which said it did not process those applications, later offered to pay a fine of 10 million pesos to get the suspension lifted.

The Uber freeze has attracted public attention because many Philippine commuters regard the ride hailing app as more reliable and competitive than mainstream transport services. Hundreds of thousands of Manila commuters find Uber and its ride-sharing rivals welcome alternatives to the country’s notoriously poor and overcrowded buses and trains, run-down taxis and rough cab drivers.

Uber’s Philippines suspension caused a spike in demand for rival Grab, as well as long queues near offices and malls and some disgruntlement about reverting to using regular taxis.



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.

 

 

The Philippine transport regulator said on August 25 that a one-month suspension ordered earlier this month on ride-sharing service Uber in the Philippines would only be lifted if a penalty of 190 million pesos ($3.7 million) would be paid. The fine is nearly 20 times greater than Uber had offered to pay, Reuters reported. The regulator also said that Uber needed to collectively pay its drivers nearly 20 million pesos daily as financial assistance during the suspension period. Uber reacted saying that they were “working hard to meet the conditions for the lifting of the suspension and hope to resume...

Uber Philippines slapped with hefty fineThe Philippine transport regulator said on August 25 that a one-month suspension ordered earlier this month on ride-sharing service Uber in the Philippines would only be lifted if a penalty of 190 million pesos ($3.7 million) would be paid. The fine is nearly 20 times greater than Uber had offered to pay, Reuters reported.

The regulator also said that Uber needed to collectively pay its drivers nearly 20 million pesos daily as financial assistance during the suspension period.

Uber reacted saying that they were “working hard to meet the conditions for the lifting of the suspension and hope to resume operations as soon as possible”.

According to Philippine media reports, the company is willing to pay the 190-million peso fine to settle the dispute quickly.

The regulator halted Uber’s operations for a month from August 14 for disregarding a directive to stop accepting new driver applications. Uber, which said it did not process those applications, later offered to pay a fine of 10 million pesos to get the suspension lifted.

The Uber freeze has attracted public attention because many Philippine commuters regard the ride hailing app as more reliable and competitive than mainstream transport services. Hundreds of thousands of Manila commuters find Uber and its ride-sharing rivals welcome alternatives to the country’s notoriously poor and overcrowded buses and trains, run-down taxis and rough cab drivers.

Uber’s Philippines suspension caused a spike in demand for rival Grab, as well as long queues near offices and malls and some disgruntlement about reverting to using regular taxis.



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.

 

 

NO COMMENTS

Leave a Reply