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Is deal boon or bane for taxis? Jury is still out

Some demand could shift to taxis; or a resulting Grab monopoly could make it tougher for cabs

The Uber-Grab transaction might end a seemingly endless stream of commuter promotions - good news for taxi firms like ComfortDelGro.


WITH Uber set to bow out from South-east Asia, industry analysts say that uncertainty looms over the impact on taxi giant ComfortDelGro.

Investors may have sensed that Uber's retreat marks an easing of the pressures on the disrupted taxi industry. ComfortDelGro's counter...

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