ComfortDelGro taxi fare hike paves way for peers to take a similar tack
Increase is ComfortDelGro's first in 10 years
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
Car dealers submit S$68 million for renewal of Automobile Megamart’s lease
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
That ‘cheap’ Malaysia condo could cost Singapore buyers far more than they think
Trump leaves Beijing with few wins but warm words for Xi