Networked Car

Motorcycle taxi app “Angkas” has secured a 72-hour Temporary Restraining Order (TRO) against the government policy of limiting the number of Angkas bikers to 10,000 in Manila and 3,000 in Cebu.

The Technical Working Group (TWG) on Motorcycle (MC) Taxis said records from the SEC shows Angkas is 99.996% owned by Angeline Xiwen Tham, a Singaporean, with P9.8 million in subscribed shares. Tham is also listed at the SEC as the president of the corporation.

Bagong Henerasyon party-list representative Bernadette Herrera said the PCC can act on its own (motu proprio) without need for a petition to take cognizance of the decision of the competition policies of LTFRB, including the new decisions on Angkas and two entering market players.

Angkas said the quota will render about 17,000 of its 27,000 registered bikers out of the work when 2020 sets in.

Grab Philippines has temporarily reduced its surge pricing cap from 2x to 1.7x after LTFRB officials met with TNVS companies to address the mounting consumers' complaints on the issues of lack of availability and overcharging. The reduction will be in effect only until December 24.

The fines were imposed after Grab exceeded the allowable deviation from its prices before its buyout of rival Uber.

The Philippine Competition Commission (PCC) has approved a new set of voluntary commitments undertaken by ride-hailing firm Grab as a continuing condition for the agency’s clearance of Grab’s acquisition of Uber in the Philippines in 2018.

New variant for the subcompact now available starting at P791,000.

This move ensures that both operators and commuters enjoy the benefits of QR technology.

After a slow start following its launch in 2015, there are now almost 30,000 Bajaj RE motorcycles across the Philippines.