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Sunday, 20 Jan 2019

The expansion of Go-jek in Phillipines was rejected by the country policy

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News24xx.com - The Philippine Land Transportation Franchising and Regulatory Board (LTFRB) rejected a request from Indonesian online taxi company, Go-Jek to operate in their country. This is because of the local regulation about corporate ownership.



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LTFRB rejected Go-Jek application through local transport network company (TNC) Velox Technology Philippines. They rejected the application because of the regulation which requires Philippine people to own 60 percent of a TNC.
 

The decision halted Go-Jek’s plan to enter the fifth ASEAN country. So far, the company has expanded to Singapore, Vietnam and Thailand. However, they claimed that they have not given up on entering Philippine.


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“We continue to engage positively with the LTFRB and other government agencies, as we seek to provide a much-needed transport solution for the people of the Philippines,” said a Go-Jek representative, as cited from Jakarta Post.
 

 

 

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