WATCH: How Uber got suspended and why it matters
MANILA, Philippines – Uber is finally back.
On Tuesday, August 29, Uber paid a hefty fine to the Land Transportation Franchising and Regulatory Board (LTFRB) to lift its one-month suspension.
The transport network company (TNC) paid a P190-million fine or $3.7 million for it to operate again, about two weeks in.
But while Uber drivers are again on the road, it is only a short-term solution to a long-time problem faced by the country.
Watch the explainer video above to understand the issue better and why it's significant. – Rappler.com
*US$1 = P51