Turning point for the taxi industry?
Add BT as a preferred source
Tay Peck Gek
IT HAS been a bumpy road for taxi operators in Singapore, especially over the last decade as the rise of private-hire vehicles disrupted the industry.
Recent developments, however, may see the lines blur between taxis and private-hire cars – as well as offer a lifeline to the flagging taxi industry.
In September, the Land Transport Authority (LTA) announced it would undertake a review of the point-to-point (P2P) industry structure and regulatory framework. This is to ensure the continued relevance of taxis and private-hire cars as commuter needs and the industry structure evolve.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Rare brutalist Singapore house opens to the public before changing hands
