(Eagle News)–The Land Transportation Franchising and Regulatory Board has rejected the application of Indonesian ride-hailing firm Go-Jek to operate as a transport network company in the Philippines. In a statement, the Department of Transportation said it rejected the application of Velox Technology Philippines Inc. “for failure to pass nationality requirements in the country’s foreign ownership laws.” Velox Philippines is a local subsidiary of Go-Jek. According to the LTFRB, the  Pre-Accreditation Committee of the LTFRB saw […]