Advertisements


Grab seeks more TNVS slots amid increasing demand

Ride-hailing company Grab Philippines is asking the government to increase the number of transport network vehicle service slots in Metro Manila back to the pre-pandemic level of 65,000 to keep up with growing demand......»»

Category: financeSource: philstar philstarMay 28th, 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

Increasing demand for electric vehicles

The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»

Category: newsSource:  sunstarRelated NewsJan 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

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

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

DTI and SteelAsia to Boost Local Steel Production and Create 15,000 Jobs

The Department of Trade and Industry (DTI) and SteelAsia Manufacturing Corporation are working together to boost steel production to meet the growing demand for steel in the country. DTI Secretary Fred Pascual emphasized the importance of increasing local steel production. “The Philippines has a strong market demand for steel products, and now is the time […].....»»

Category: newsSource:  metrocebuRelated NewsMay 28th, 2024

Millennials, Gen Zs seen to lift travel demand

Low-cost carrier AirAsia Philippines is banking on the youth to carry the travel demand this year, as they tend to involve their loved ones in their plans, increasing spending on trips......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Vargas hopeful of more Olympics spots

ABAP chairman Ricky Vargas said yesterday he’s hoping for at least two more Olympic slots from boxing to add to the list of Paris entries Eumir Marcial, Nesthy Petecio and Aira Villegas with Rogen Ladon, Carlo Paalam and Hergie Bacyadan tipped to vie for tickets at the final qualifiers in Bangkok on May 23-June 3......»»

Category: sportsSource:  philstarRelated NewsMar 19th, 2024

Power rates expected to rise because of El Niño

DAVAO CITY (MindaNews / 17 January)—Expect possible increasing power rates throughout the year amid the anticipated El Niño phenomenon in the country, an official from the Department of Energy (DOE)-Mindanao said. Engr. Darwin P. Galang, DOE-Mindanao senior science research specialist, said the anticipated increasing power rates can be possibly El Niño-related, with 26 percent of […].....»»

Category: newsSource:  mindanewsRelated NewsJan 19th, 2024

Banks see higher loan demand in Q2

Philippine banks are projecting a higher loan demand from both corporate and household borrowers in the second quarter amid a rosier economic outlook and more attractive financing terms from lenders......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

PATAFA aims for more slots

World No. 2 pole vaulter EJ Obiena won’t be the only Philippine representative from athletics in this year’s Paris Olympics as at least one female will be added to the cast under the universality rule......»»

Category: sportsSource:  philstarRelated NewsJan 15th, 2024

‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand

‘MORE SOURCES OF POWER’ | Bizmen bracing nuclear, wind power to address growing demand.....»»

Category: newsSource:  sunstarRelated NewsApr 1st, 2024

Vietnamese fishing vessels in West Philippine Sea increasing in number

As if constant harassment from the China coast guard were not enough, Filipino fisherfolk now have to deal with the increasing number of Vietnamese fishermen who go about their business in and around Bajo de Masinloc or Panatag Shoal without getting confronted or chased away by the Chinese......»»

Category: newsSource:  philstarRelated NewsMay 26th, 2024

Defending the Philippines via alliances

It is time we understand that the Russian invasion of Ukraine, the increasing tension in the Taiwan Strait caused by China and the increasing pressure on the Philippines regarding the illegal possession of Philippine sovereign territory are interconnected and not isolated events......»»

Category: newsSource:  philstarRelated NewsMay 11th, 2024