Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website Xinhua Silk Road - Belt and Road Portal, China's silk road economic belt and 21st Century Maritime Silk Road Website
Subscribe CustomBlackClose

Belt & Road Weekly Subscription Form

download_pop

Research ReportCustomBlackClose

The full edition of the report is available at Xinhua Silk Road Database. You can click the “Table of Content” to have a general understanding of it.

Click on the button below to create your account and get immediate access to thousands of articles.

Start a Free Trial

Xinhua Silk Road Database
Project

Uber pays 3.7-mln-USD fine to resume operation in Philippines

August 30, 2017


Abstract : Uber on Tuesday paid a 190-million-peso (3.7-million-U.S. dollar) fine to the Philippine government for resuming its operation in the country after being off the road for 15 days.

MANILA, Aug. 29 (Xinhua) -- Uber on Tuesday paid a 190-million-peso (3.7-million-U.S. dollar) fine to the Philippine government for resuming its operation in the country after being off the road for 15 days.

Land Transportation Franchising and Regulatory Board (LTFRB) member Aileen Lizada said drivers nationwide could resume its operations after Uber paid the fine.

Apart from the fine, Uber is to pay its drivers 299 million pesos (5.9 million U.S. dollars) in financial assistance for the days they were not allowed to ply the streets as a result of the suspension.

Last July 18, Uber paid 489 million pesos (9.6 million U.S. dollars) imposed by the LTFRB for allowing vehicles to operate.

Uber has around 66,000 active units in the Philippines.

The LTFRB suspended Uber on Aug. 14 for violating a July 26 order stopping the company from accepting and approving new applications for accreditation. Enditem

Scan the QR code and push it to your mobile phone

Keyword: Uber-pay-fine-resume-operation-Philippines

Most Read

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to [email protected] and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial

Ask Us A Question belt & road login close

If you have any questions, please enter them in the box below.

Identifying code Reload

Write to Us belt & road login close

Do you want to be a contributor to Xinhua Silk Road and tell us your Belt & Road story? Send your articles to silkroadweekly@xinhua.org and share your stories with more people.

Click on the button below to create your account and get im http://img.silkroad.news.cn/templates/silkroad/en2017te access to thousands of articles.

Start a Free Trial