LTFRB suspends acceptance of new TNVS applications in Metro Manila

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The Land Transportation Franchising and Regulatory Board (LTFRB) has filed a memo suspending the acceptance of new applications of Transport Network Vehicle Services (TNVS) like Uber and Grab in Metro Manila.

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According to ABS-CBN News, the suspension is due to backlog as the government reviews its policies on fare spikes. Cherie Mercado, Spokesperson of the Department of Transportation, said that “the suspension was indefinite and it was not clear what changes would be required to reverse it.”

The memorandum also states that the LTFRB will review “existing policies, and other relevant and pressing issues regarding the issuance of franchise.”

See also  LTFRB VS Bus Operators: the provincial bus window drama continues

source: ABS-CBN

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