Rappler's latest stories on price surge
Typhoon Nina, Leni Robredo, George Michael | Evening wRap
Watch Rappler s evening newscast with Maria Ressa


House bill proposes ban on Uber, Grab price surges
Aside from banning price surges the proposed bill would also put a cap in the number of vehicles under each transport network company

After LTFRB warning, Uber PH limits surge until January 15
At the same time the Philippine based office of the US tech giant hopes government will soon lift the suspension of applications for transportation network vehicle services

Heeding LTFRB's call, Grab puts cap on holiday rates
LTFRB meanwhile gives Uber 48 hours to follow suit

LTFRB warns Uber, Grab over unreasonable price surge
After the land transport regulator receives several complaints on Uber and Grab surges ranging from P2 000 to P28 000 this holiday season the LTFRB says it may cancel or suspend their accreditation

Asian markets boosted by Fed stimulus
The US Federal Reserve s latest attempt to rescue the American economy was greeted by cheers in Asia where markets surged on the news