MANILA, Philippines — Ridesharing firm Grab yesterday assured the public that its fares remain within the approved matrix of the Land Transportation Franchising and Regulatory Board (LTFRB) despite the deactivation of 5,000 of its units. “Grab will continue to uphold our commitments to our regulators by assuring the riding public that our fare structure is still within the LTFRB’s approved TNVS fare matrix,” Grab Philippines public affairs manager Nicka Hosaka said in a statement. “Aside from more frequent and higher fares, our survey also found out that 72 percent of TNVS passengers experienced difficulty in booking after the June 10 deactivation of TNVS units,” TPF convenor Primo Morillo said in a statement. Morillo said the survey results prove their previous assertion that commuters will bear the brunt of the mass deactivation of TNVS units. “As demand continue to grow, there are simply not enough TNVS to ferry commuters,” Hosaka said.

Source: Philippine Star June 18, 2019 16:00 UTC