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26 C
Philippines
Friday, January 24, 2025
26 C
Philippines
Friday, January 24, 2025

Memo out soon for ride-hailing discounts

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The Land Transportation Franchising and Regulatory Board (LTFRB) said it will issue a memorandum circular to standardize the enforcement of discounts for students, persons with disabilities (PWDs), and senior citizens across all ride-hailing platforms.

LTFRB Chairman Teofilo Guadiz III stated that the circular will be released by the end of January.

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During a recent hearing, Guadiz explained that the circular aims to address inconsistencies in the implementation of special discounts by Transport Network Companies (TNCs) arising from conflicting previous memoranda.

The guidelines will clarify who is responsible for covering the costs of these discounts. Guadiz emphasized, “We hope to correct this by the end of this month. Be assured we will fix the implementation,” the official said.

The circular will designate TNCs and operators as the primary entities responsible for covering the costs, ensuring that drivers are not burdened with these expenses.

Grab Philippines meanwhile welcomed the LTFRB’s initiative to standardize the implementation of special discounts.

Grab Philippines Head of Public Affairs Gio Tingson, quoted by GMA News, said: “Grab has consistently supported the commuting public and the government in ensuring that passengers receive these discounts properly. We extend our gratitude to the LTFRB and Senator Tulfo’s office for finalizing the implementation of these special discounts with clear guidelines.”

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