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.
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 LTFRB on Thursday said it is set to release 1,130 CPCs to TNVS applicants within the next two weeks, following an order from the Anti-Red Tape Authority (ARTA) for it to automatically approve all valid TNVS applications.
The LTFRB says motorcycles are not allowed to operate as public transport services under Republic Act No. 4136 or the Land Transportation and Traffic Code.
The Mandaluyong City Regional Trial Court has issued a writ of preliminary injunction, preventing the DOTr and the LTFRB from interfering with Angkas? operations.
The LTFRB has issued a memorandum last February setting the supply cap of TNVS units in Metro Manila at 65,000. Of the proposed 65,000 vehicle cap, 55,000 slots have been allocated to vehicles based the master list of the LTFRB.
