The government’s recent move to open more than 10,000 transport network vehicle service (TNVS) slots in Metro Manila and its neighboring areas will provide new opportunities for Filipinos seeking alternative sources of income amid the pandemic, according to TNVS Alliance of the Philippines (TAP).
The country’s largest TNVS alliance looks forward to welcoming the new drivers to its community, promising to provide safe and convenient transportation services.
The LTFRB opened 10,300 new TNVS slots in cities in Metro Manila and the provinces of Bulacan, Laguna, Cavite, and Rizal, to address the growing demand for TNVS.
The LTFRB Board said in a resolution that it sees the need to open additional slots to maintain a sufficient number of TNVS to supply the existing demand.
To attract more drivers to join the platform, the LTFRB removed the certificate of conformity (COC) requirement for securing a vehicle franchise, which it identified as a common cause of delays or rejection of applications.
A COC, which is issued by a bank or financial institution, is required by the LTFRB in cases where the vehicle is not yet fully paid.