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(Eagle News) — Senator Grace Poe on Monday asked the Land Transportation Franchising and Regulatory Board to explain the “scientific basis” for its decision to limit to 47,500 the number of Transport Network Vehicle Service units in the country. “What’s the math used in this decision? What were the parameters used, like demand and supply?” Poe asked. She said the decision to limit the number of allowable units to 45,000 in Metro Manila, 500 in Metro […]
(Eagle News) — The Land Transportation Franchising and Regulatory Board has limited the number of vehicles operating under ride-sharing applications such as Uber and Grab nationwide to 45,700. According to LTFRB Memorandum Circular Number 2018-003, of the total number, 45,000 Transport Network Vehicle Service (TNVS) units will be in Metro Manila; 500 in Metro Cebu; and 200 in Pampanga. “The numbers were arrived at based on the data given by the (Transport Network Companies) considering its […]
