THE rise of ride-sharing services in the Philippines does not come as a surprise to me, especially in Metro Manila where many people commute to and from work. The wave of support from the commuting public for ride-sharing services like Uber and Grab reflects the need for better service and security in the current transport system. The supply and demand of transportationWhen we talk about transportation supply, we refer to the different modes of urban transportation systems, including: walking, biking, mass transportation (e.g. In order to improve the mobility in Metro Manila, there is a need to balance both transportation supply and transportation demand. In the economics of supply and demand, as demand goes up but supply does not, then prices goes up.

Source: Manila Times July 19, 2017 16:30 UTC