Tag: surge in Grab prices

Amid surge in fares, Gatchalian asks LTFRB to reassess Grab’s fare matrix

(Eagle News)–Senator Sherwin Gatchalian has asked the Land Transportation Franchising and Regulatory Board  to reassess Grab’s fare matrix following a surge in its prices in recent days. “The high fare is killing the festive mood of many Filipino commuters,” Gatchalian said in a statement. According to Gatchalian, based on the fare matrix approved by the LTFRB last August 1, Transportation Network Vehicle Services (TNVS) companies shall charge a flag down rate of up to P40 […]