ComfortDelGro taxi fare hike paves way for peers to take a similar tack
Increase is ComfortDelGro's first in 10 years
Add BT as a preferred source
THE move by leading taxi operator C52 to raise fares appears to have paved the way for its smaller peers to undertake a similar exercise or mulling one.
Neo Nam Heng, chairman of Prime Group - which owns Prime Taxi - told The Business Times (BT) that the smallest cab operator with a fleet of about 600 in Singapore will be writing to the Public Transport Council to indicate its intention to raise fares.
Neo said it would be the company's first fare hike in 10 years.
TRENDING NOW
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10
