Land Transportation Franchising and Regulatory Board (LTFRB) and Technical Working Group (TWG) for Motorcycle (MC) taxis has extended the pilot implementation of MC Taxis on December 20, 2019.
TWG added two new service providers that will compete with Angkas. Both JoyRide and Move It was chosen “after careful evaluation, inspection, and validation of the overall operational readiness of the applicants..”.
https://www.facebook.com/ltfrb.central.office/photos/p.2485875068321073/2485875068321073/?type=1&theater
The two new players will be part of the MC Taxi pilot implementation extension. It will start on December 23, 2019 and will run until March 23, 2020.
The pilot will have an allotted cap of 39,000 registered bikers. It will be divided into 10,000 bikers per transport network company in Metro Manila, and 3,000 bikers per provider in Metro Cebu.
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Giving way for other companies to join the MC Taxi industry shall help break monopoly and increase competition, thus resulting in competitive pricing that shall benefit users.
Angkas is currently leading MC Taxi provider in the Philippines. Although they are happy that they are allowed to continue their operation, the company has expressed their dismay in this latest mandate by the LTFRB and TWG.
https://www.facebook.com/AngkasPH/photos/a.1815372628733154/2568061716797571/?type=3&eid=ARALfDuL42qKzMB3J0fjsySOfu7LYhdUDpBQJWeb82tyxtwcPVGghLXj64gvpQn-oS9vN4UVpICyXKE0&__tn__=EEHH-R
The company said that they currently have 27,000 bikers that are providing service. With the 10,000 biker cap posted, Angkas claims that 17,000 of these bikers will be out of work by next year.