Uber pays out $10 million to get back on Philippine roads

30 Aug, 2017

Ride-sharing app Uber said Tuesday it had paid nearly $10 million in fines and drivers' compensation to return to the Philippines' roads, after it was suspended for defying the government. The nation's transportation agency suspended Uber on August 14 for a month, saying the US-based company had ignored its order against accepting new driver applications.
However the agency agreed to lift the order on Tuesday after Uber paid a fine of 190 million pesos ($3.7 million), plus another 300 million pesos ($5.8 million) to its drivers to compensate them for lost income during the duration of the suspension. Uber resumed its operations soon after the announcement. "We have complied with the requirements outlined by the (regulators), and are grateful for the opportunity to serve the Philippines again," Uber Philippines spokeswoman Catherine Avelino told AFP. The transportation agency last year banned new applications for ride-sharing services, such as Uber and Southeast Asian rival Grab, as it studied how to regulate a growing industry.

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