MANILA -- Senator Grace Poe on Tuesday welcomed the decision of ride hailing app Uber to finally settle its PHP190 million fine imposed by the Land Transportation Franchising and Regulatory Board (LTFRB).
The LTFRB imposed the fine after Uber broke regulations by not fully serving its one-month suspension.
Despite the fine, Uber still remains suspended but is a step closer from resuming regular operations.
Poe said this move will soon allow the public to avail of more transport options.
I am happy that the riding public would somehow be able to regain its power in deciding what mode of public transportation to take after Uber paid the hefty and mind-boggling fine that the LTFRB imposed against the company, Poe said in a press statement.
Poe said she is close to completing the report on the transport network vehicle services (TNVS) bill that is currently undergoing technical working group (TWG) meetings.
The TWG meetings aim to thresh out and address all related issues concerning the operation of Uber, Grab and the like, Poe said.
She, meanwhile, expressed confidence that the measure will avoid the recurrence of a similar suspension affecting the TNVS community.
Source: Philippine News Agency