GrabCab to raise taxi fares temporarily to help drivers amid volatile fuel prices

[SINGAPORE] GrabCab will be raising its taxi fares temporarily from Mar 30 to May 31 as fuel prices remain volatile due to the ongoing Middle East conflict. 

In a statement on Monday (Mar 23), Grab said that the adjustment applies only to metered taxi rides – whether the taxi is hailed on the street or booked through the Grab application. 

While flag-down fares remain unchanged at S$4.60 for four-seater rides and at S$4.80 for six-seater rides, unit fares will be raised from S$0.26 to S$0.27. 

Unit fares are charged for every 400 m travelled for the first 10 km, then every 350 m after that. Such fares are also charged for every 45 seconds of waiting time.

Fares for all lengths of commutes will thus rise. 

The cost of a short commute, such as a 4 km ride from Novena to Orchard, will increase by around S$0.08, assuming there is no waiting time. 

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For a mid-range journey of 12 km from Ang Mo Kio to City Hall, for example, fares will rise S$0.28. 

Fares for long-distance rides – such as a 30 km drive from Woodlands to Changi Airport – will go up by S$0.80.

“The math for our drivers has changed quickly with fuel prices increasing at the pump. Following the fuel vouchers we distributed last week, this metered ‘top-up’ is a necessary next step to ensure that the extra costs drivers face are partially offset by every trip they complete,” a Grab spokesperson said.