LTFRB accredits ride-hailing company Micab

Aika Rey
Micab, an app for booking taxis, is the 5th ride-hailing company approved this year, joining Hype, Hirna, Go Lag, and Owto

ACCREDITED. Micab is a taxi ride-hailing company, the 5th to be accredited by the government this year. Photo from Micab's Facebook page

MANILA, Philippines – The Land Transportation Franchising and Regulatory Board (LTFRB) approved on Monday, April 30, the accreditation of another ride-hailing company.

LTFRB Board Member Aileen Lizada sent a copy of the signed accreditation papers of Micab Systems Corporation, which allows the company to operate for two years.

 

Accreditation Number 2018-TNC-005 was signed on Monday by Lizada, LTFRB Chairman Martin Delgra III, and Board Member Ronaldo Corpus.

Micab, an app for booking taxis, is the 5th ride-hailing company approved this year, joining Hype, Hirna, Go Lag, and Owto.

The ride-hailing company can start operating once it receives its accreditation papers.

The 5 companies are expected to challenge Grab, which now dominates the local market after it bought Uber’s operations in Southeast Asia– Rappler.com

Aika Rey

Aika Rey is a business reporter for Rappler. She covered the Senate of the Philippines before fully diving into numbers and companies. Got tips? Find her on Twitter at @reyaika or shoot her an email at aika.rey@rappler.com.