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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

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

Largest Strike Yet by Lyft and Uber Drivers: A Brief Explanatio

Title: Ride-Hailing Drivers Stage Massive Strike Demanding Fair Pay and Better Protections On Wednesday, ride-hailing giants Lyft, Uber, and DoorDash experienced one of the largest.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 16th, 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

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

SPNEC confirms it is looking for investors in Terra Solar to help fund project dev t

SP New Energy, Meralco’s new renewable energy subsidiary, confirms a report that it was seeking investors to help fund the development of the 3.5 GW Terra Solar project, but clarified that it is only seeking investors “at the Terra Solar Philippines Inc. level,” and that it has only “just launched the process and are still in discussions with various possible investors.” .....»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Ride-hailing app driver, backride perish in SRP accident

Ride-hailing app driver, backride perish in SRP accident.....»»

Category: newsSource:  sunstarRelated NewsApr 10th, 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

Angkas eyes entry into 4-wheel market

From two wheels to four, motorcycle taxi service provider Angkas is setting its compass toward a territory dominated by the biggest ride-hailing app in Southeast Asia......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Angkas holds training session, free rides in Lipa City festival

Angkas, the country’s leading motorcycle ride-hailing platform, recently conducted a comprehensive training session for bikers and offered free rides in celebration of Barako Fest in Lipa City, Batangas last month......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Jail officer held for indiscriminate firing

An officer of the Bureau of Jail Management and Penology was arrested yesterday after he nearly killed a driver of a ride-hailing app in what police said was a case of indiscriminate firing in Quezon City......»»

Category: newsSource:  philstarRelated NewsApr 9th, 2024

Marcos eyes ease of restrictions for Grab, TNVS operators

Marcos also said that the Singapore-based ride-sharing company contributed to the decrease in unemployment and the 1.1% increase in employment in the “past year and a half.”.....»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

True love and tadhana: Ride-share driver shares how he married his pen pal 

Grab Driver Danilo A. said that love letters were effective in courting his long-time pen pal who later became his wife. “Pen pal ko siya, hindi kami nag-meet until malapit na kaming ikasal.”.....»»

Category: newsSource:  philstarRelated NewsFeb 18th, 2024

Philippines to conduct matching event to help foreign investors

MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 22nd, 2024

Philippines to conduct matching event to help foreign investors

MANILA, Feb. 21 (Xinhua) -- The Philippines will conduct a business-to-business matching event on Thursday to assist foreign investors in finding local partners to support the Southeast Asian country's energy transition program, the Department of Energy (DOE) said Wednesday. "Our main objective for this event is to assist investors, listen and understand the challenges in implementing renewable energy (RE) proje.....»»

Category: newsSource:  manilanewsRelated NewsFeb 22nd, 2024