MANILA: The Philippine transport regulator said on Friday it would lift a one-month suspension on Uber Technologies Inc if it paid a penalty of 190mil pesos (RM15.7mil), a fine nearly 20 times greater than Uber had offered to pay.
The Land Transportation Franchising and Regulatory Board, or LTFRB, said Uber also needed to collectively pay its drivers nearly 20mil pesos (RM1.6mil) daily as financial assistance during the suspension period.
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