The Department of Transportation (DOTr) and Land Transportation Franchising and Regulatory Board (LTFRB) are studying a proposal to grant amnesty to transport network vehicle services (TNVS) drivers onboarded despite exceeding the vehicle cap. DOTr Secretary Giovanni Lopez said some transport network companies (TNCs) have surpassed their driver and vehicle limits. Ride-hailing platforms including Joyride and Grab have also reduced their commission rates.
In Manila, DOTr Secretary Giovanni Lopez said over the weekend that some transport network companies (TNCs) have exceeded their driver and vehicle caps. Numerous drivers are facing difficulties after taking loans for TNVS vehicles.
The DOTr and LTFRB are studying a proposal for amnesty for these drivers onboarded beyond the cap.
Meanwhile, ride-hailing platforms have lowered commission rates. Joyride, Angkas, and Maxim reduced to 18 percent from 20 percent. Move It cut to 15 percent from 21 percent, while Para Xpress and Grabbike went to 15 percent from 20 percent. Grab, Toktok, and Para Xpress dropped to 15 percent from 20 percent, and Lalamove Rides, Pure Ride, and Go Cab are at zero percent.
LTFRB Chairman Vigor Mendoza II called the moves a "big boost toward efforts of the government to maximize the necessary assistance to the public transport sector amid the effects of the Middle East tensions."