Indonesian transport company GoJek has expressed interest in expanding to the Philippines but the Land Transportation Franchising and Regulatory Board (LTFRB) said it would have to carefully review the firm’s operations to protect other industry players and the public. which is only one of the 18 services they offer,” LTFRB board member Aileen Lizada told reporters on Monday. In an effort to boost competition, the LTFRB has accredited smaller players such as Micab, Hirna, Hype, LagGo and Owto. Lizada said that Indonesia does not regulate ride-hailing firms and noted that GoJek was implementing substantially higher surge prices. The LTFRB had ordered Grab Philippines to lower its surge rate from the maximum 2.0x to 1.5x when the Uber acquisition was being completed.

Source: Manila Times May 07, 2018 16:30 UTC