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inDrive pauses operations to fix fare concerns

Ride-hailing giant inDrive, touted as the potential competitor of Grab Philippines, has suspended its operations in the country to address issues raised by the government regarding its fare system......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

New ride-hailing app inDrive suspended due to fare-haggling system

Prior to the suspension order, inDrive was positioning itself to make a splash as a competitor to Grab. Now, its plans are on pause after the LTFRB questioned its fare-haggling system......»»

Category: newsSource:  rapplerRelated NewsJan 24th, 2024

Grab Philippines commends Marcos, Romualdez on transpo reforms

During the meeting between Grab Holdings, Inc. executives with PBBM, Grab proudly shared its significant contribution to the nation's economy, having eased unemployment by 1.1% from 2019 to 2021......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Trending tickers: Trump Media, Tesla, Bitcoin and DS Smith

Former US president Donald Trump’s media firm, Trump Media & Technology Group, had a successful stock market debut in New York, with shares soaring past.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 27th, 2024

Trump wins South Carolina, swamping Nikki Haley in her home state

The lopsided outcome will bolster calls from Donald Trump's allies that Nikki Haley, Trump's last remaining challenger, should drop out of the race.....»»

Category: newsSource:  rapplerRelated NewsFeb 25th, 2024

Shares of Trump-linked companies rise- Bloomberg

The former president secured a record margin of victory in Iowa's Republican caucus on Monday Shares in companies linked to former US President Donald Trump surged after his first victory in the campaign to reclaim the White House, Bloomberg reported on Tuesday. On Monday, Trump decisively beat his chief rivals.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

China summons Philippine ambassador over Marcos’ Taiwan greeting | The wRap

The wRap highlights: China-PH relations, Donald Trump, 2024 Emmys.....»»

Category: newsSource:  rapplerRelated NewsJan 16th, 2024

DTI says Marcos overseas trips starting to yield results  amid growing foreign investments

President Ferdinand Marcos Jr.’s pitches to world leaders during his overseas trips have started to bear fruit, according to the Department of Trade and Industry......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Consumers express mixed reactions on slight power rate increase

Consumers of Davao Light and Power Co., Inc. have expressed mixed reactions to a slight increase in the overall power rate starting January 2024. The increase is attributed to higher market prices affecting the generation rate. Noriza Mabanding, a virtual assistant, noted the impact on her energy usage and the need to schedule appliance usage to save energy. Jenalyn Manguiob, a small business owner, expressed dissatisfaction with the increase's effect on her business but acknowledged the global market's influence and the importance of conserving energy. The increase amounts to P0.0774 per kWh, resulting in a minor increase in electricity bills for residential customers......»»

Category: newsSource:  sunstarRelated NewsJan 26th, 2024

Transport group seeks P2 fare hike

Transport group seeks P2 fare hike.....»»

Category: newsSource:  sunstarRelated NewsApr 16th, 2024

Online booking fare slightly higher: Dcott

DURING the AFP-PNP-ISpeak press conference on Wednesday morning, March 20, 2024, at the Royal Mandaya Hotel, Aisa Usop, the manager of Davao City Overland Transport Terminal (Dcott), said that the fare for online booking is slightly higher than traditional fares, prompting inquiries from passengers......»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Grab tests DriveYourCar service

Ride-hailing giant Grab Philippines is testing the viability of a new service that allows customers with vehicles to hire a driver for almost P2,000 for 12 hours......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Grab contributes up to 0.3 percent to GDP – study

Ride-hailing giant Grab Philippines contributes as much as 0.3 percent to the economy, as a peso spent on the platform generates an additional P3.42 in output, according to a recent report......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

GrabBike relaunch? Grab readying its motorcycle taxis even without approval

As Grab's top brass meet with the President, could the ride-hailing giant be readying to finally crack into the motorcycle taxi market?.....»»

Category: newsSource:  rapplerRelated NewsFeb 22nd, 2024

Angkas to Angcars? Here are the challengers to Grab’s ride-hailing dominance

There are currently six approved transport network companies, with Angkas and possibly InDrive set to join them, but none have yet to truly challenge Grab.....»»

Category: newsSource:  rapplerRelated NewsFeb 3rd, 2024

Angkas to ‘Angcars?’ Here are the challengers to Grab’s ride-hailing dominance

There are currently six approved transport network companies, with Angkas and possibly InDrive set to join them, but none have yet to truly challenge Grab.....»»

Category: newsSource:  rapplerRelated NewsFeb 3rd, 2024

Duterte using cops, soldiers for power grab – Bayan

The military and the police should not allow themselves to be used by former president Rodrigo Duterte in his desire to grab power by ousting President Marcos, cause-oriented group Bagong Alyansang Makabayan (Bayan) said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 2nd, 2024

CRMC, USJ-R grab 2nd wins in Sinulog Cup

CRMC, USJ-R grab 2nd wins in Sinulog Cup.....»»

Category: newsSource:  sunstarRelated NewsJan 19th, 2024

Cebu Daily Newscast: SRP viaduct accident: Hailing app driver, passenger die after motorcycle slams into center island

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Wednesday April 10, 2024. SRP viaduct accident: Hailing app driver, passenger die after motorcycle slams into center island Two motorists died in a road mishap along the viaduct of the South Road Properties (SRP),.....»»

Category: newsSource:  inquirerRelated NewsApr 10th, 2024