Category Archives: Business

LTFRB Accredits 2nd Ride-Hailing Company

91F93946-9D4E-48E6-95DC-0BC012B4D302.jpegMANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Filipino commuters have been complaining that since Uber bowed out of the ride-hailing business in the Philippines, leaving Grab to be the monopoly, they have experienced difficulties in booking rides, while having to deal with rude drivers, exhorbitant surcharge fees and other problems.

But thanks to the Land Transportation Franchising and Regulatory Board (LTFRB), Grab now has some serious competition.  LTRFB  just accredited a second firm, a move that it expects will improve services in the ride-hailing business.

The new firm, owned by a group of Chinese Filipinos, is called Grabé.

The business name seems to ridicule the Grab monopoly which has received a lot of flak for its business practices and customer service.  We have heard customers complain, saying “Grabe ang service, grabe ang presyo, at grabe ang waiting time para makapag-book!” (The service, price and waiting time to book are ridiculous!)

So, for commuters who like to use the ride-hailing serivce, be rest assured that you will have better experience with not just one, but two companies accredited to try their best to earn your business.



Maria Ressa Puts Up Rappler For Sale; PCOO Is Highest Bidder

MANILA, Philippines (The Adobo Chronicles, Manila Bureau) – Some things must to come to an end. Such is the case for Maria Ressa’s start-up online news source, Rappler.

Now that she has been charged with tax evasion, not to mention Rappler’s failure to raise funds through crowd sourcing to help sustain its continued operations, Ressa has made the difficult decison to throw in the towel.

Rappler is now for sale at just about half of its net worth.

Among the first to make an offer to buy out Rappler is the Presidential Communications Operations Office (PCOO). So far, it is considered to be the highest bidder.

PCOO Undersecretary Lorraine M. Badoy told The Adobo Chronicles that the Malacañang office would like to use half of its P1.4 Billion budget for 2019 to buy out Rappler.

”It just makes sense for PCOO to  take over Rappler.  It would make our job easier, not having to counter any anti-government reporting originating from Ressa’s outfit,” Badoy said.

The Adobo Chronicles spoke with Ressa tonight and she said that proceeds from the planned sale of Rappler would help take care of the hefty legal fees that she expects to cough up as a result of the court case now pending in the Court for tax evasion charges against her.

Inspiring Stories: Fishball Vendor Sends His Three Children To Ateneo, De La Salle And U.P.

The Adobo Chronicles  is launching a series of human interest stories that are meant to inspire our readers — stories of ordinary citizens who are making a difference in the lives of their families and their countrymen.

We begin with the story of Mang Juan, a fishball vendor.