Grab Philippines has paid the fine of P 5-million set by the Land Transportation Franchising and Regulatory Board (LTFRB). The firm says, its legal counsel John Paul Nabua has performed this task on Thursday. The fine was previously imposed by the LTFRB after determining that Grab had supposedly violated several provisions in its franchise agreement. The board is expected to hold hearings on the matter in the coming days. Uber paid the fine two days ago.

Source: The Standard July 20, 2017 05:03 UTC