Uber to resume Philippine service ‘soon’ after agreeing multimillion dollar fine
Uber said on Saturday it expects to resume operations in the Philippines “soon” after regulators agreed to lift a ban slapped against the American ride-sharing giant in exchange for a fine.
The government meted Uber a one-month suspension on August 14 following a tussle over driver permits, sparking public outrage as some 66,000 vehicles were forced off the streets.
Hundreds of thousands of Manila commuters find Uber and its ride-sharing rivals welcome alternatives to the country’s notoriously poor and overcrowded buses and trains, run-down taxis and irascible cab drivers.
But late Friday the government’s transport agency said it would lift the ban following an Uber appeal. It ordered the US firm to pay a fine of 190 million pesos (US$3.7 million) and give its drivers financial aid for lost earnings.
“The online ride-sharing services of the respondent USI (Uber) will be restored when it has paid the amount of fine and the said financial assistance remitted,” a Land Transportation Franchising and Regulatory Board resolution said.