New licensing framework tightens reins on private-hire firms
Christopher Tan
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
FOR the first time since ride-hailing apps appeared six years ago, commuters can look forward to a formal licensing regime which will allow the authorities to mandate safety standards and act against breaches.
Senior Minister of State for Transport Janil Puthucheary announced in Parliament on Tuesday that there will be two licences: one for street-hail operators (currently, taxi companies) and the other for ride-hail operators (such as Grab and Gojek).
Copyright SPH Media. All rights reserved.
TRENDING NOW
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?
South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report