LTFRB accredits ride-hailing company Micab

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 covers the Philippine Senate for Rappler. Before writing about politicians, she covered budget, labor, and transportation issues.

image