- We expect public criticism over the recent suspension of Uber to speed up legislative proposals on car-hailing.
- A car-hailing law is likely to entice new players to enter the industry.
- Existing public transportation may improve in order to compete.
The recent suspension of Uber in the Philippines led to a huge outcry from consumers who had become used to the service.
Despite the stoppage, we think the regulatory outlook is improving as the government and congress seek stronger, more flexible regulations for the car-hailing industry.