The Philippine Daily Inquirer reports that the Land Transportation Franchising and Regulatory Board (LTFRB) adjusted on Monday the cap on the number of Uber and Grab vehicles to ensure that these would be enough to meet passenger demand and allow drivers to keep their source of livelihood:
From 45,700 cars, the “common supply base” for transport network vehicle services (TNVS) went up to 66,750 under LTFRB Memorandum Circular No. 2018-005. Metro Manila got the lion’s share of 65,000 cars, while Metro Cebu and Pampanga province were allocated 1,500 and 250 cars, respectively. Under the previous LTFRB proposal, the cap for Metro Manila was 45,000 vehicles, 500 for Cebu and 200 for Pampanga.