{"id":113876,"date":"2017-08-24T22:01:19","date_gmt":"2017-08-25T02:01:19","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=113876"},"modified":"2017-08-24T22:01:19","modified_gmt":"2017-08-25T02:01:19","slug":"ltfrb-to-hold-dialogue-with-car-dealers-banks-next-week","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/08\/24\/ltfrb-to-hold-dialogue-with-car-dealers-banks-next-week\/","title":{"rendered":"LTFRB to hold dialogue with car dealers, banks next week"},"content":{"rendered":"<figure id=\"attachment_112754\" aria-describedby=\"caption-attachment-112754\" style=\"width: 145px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/145px-LTFRB_Seal.svg_.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-112754\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/145px-LTFRB_Seal.svg_.png\" alt=\"The Land Transportation Franchising and Regulatory Board (LTFRB) will conduct a dialogue with car dealers and banks next week to facilitate the registration of transport network vehicle services (TNVS) drivers. (Photo By Land Transportation Franchising and Regulatory Board, Public Domain)\" width=\"145\" height=\"145\" \/><\/a><figcaption id=\"caption-attachment-112754\" class=\"wp-caption-text\"><a href=\"https:\/\/commons.wikimedia.org\/w\/index.php?curid=51479055\">The Land Transportation Franchising and Regulatory Board (LTFRB) will conduct a dialogue with car dealers and banks next week to facilitate the registration of transport network vehicle services (TNVS) drivers. (Photo By Land Transportation Franchising and Regulatory Board, Public Domain)<\/a><\/figcaption><\/figure>\n<p>MANILA\u00a0&#8212; The Land Transportation Franchising and Regulatory Board (LTFRB) will conduct a dialogue with car dealers and banks next week to facilitate the registration of transport network vehicle services (TNVS) drivers.<\/p>\n<p>LTFRB board member and spokesperson Aileen Lizada said\u00a0TNVS operators have expressed concern that their units are having a hard time to ply along roads as transport network companies (TNCs) require them to show proof of their official receipt (OR) and certificate of registration (CR).<\/p>\n<p>\u201cPart of the requirements of TNCs for those TNVS who have car loans is their OR\/CR.\u00a0<em>Hindi maibigay ng<\/em>\u00a0third party\u00a0<em>&#8216;yan<\/em>\u00a0because\u00a0<em>nakapasok sa bangko naka-loan<\/em>. But the banks are saying\u00a0<em>&#8216;di maibigay sa<\/em>\u00a0TNVS,\u201d Lizada told\u00a0reporters Thursday.<\/p>\n<p>\u201cThus, we will have a dialogue with car dealers, in-house leasing and banks who provide car loans next week. We will mediate for TNVS\u00a0<em>para mailabas ang<\/em>\u00a0certification\u00a0<em>na kailangan ninyo<\/em>\u00a0when you process documents with us,\u201d she added.<\/p>\n<p>The\u00a0agency will coordinate with financial institutions for the TNVS to be provided a certificate of no objection and to be registered as \u201cfor hire\u201d with the LTFRB, Lizada said.<\/p>\n<p>The LTFRB official also said it\u00a0would hold a technical working group meeting with Uber and Grab next week.<\/p>\n<p>She asked both Grab and Uber to provide a list of their deactivated TNVS units that will serve as basis on the granting of new franchises as well as renewal of existing drivers.<\/p>\n<p>The agency plans to issue a memorandum circular next month that will put a limit on the number of TNVS units that will be operated by Uber and Grab.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0&#8212; The Land Transportation Franchising and Regulatory Board (LTFRB) will conduct a dialogue with car dealers and banks next week &hellip;<\/p>\n","protected":false},"author":33,"featured_media":112754,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,95],"tags":[3310,21842,2934,21843],"class_list":["post-113876","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","category-news-ph","tag-banks","tag-car-dealers","tag-ltfrb","tag-tnvs-drivers","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/113876","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=113876"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/113876\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/112754"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=113876"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=113876"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=113876"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}