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Reflecting the true cost of deliveries is good for investors

Investors will be better appraised of what they have bought into, and will be clearer on the value proposition of the platforms

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Joan Ng

Joan Ng

Published Thu, Sep 12, 2024 · 05:00 AM
    • The Bill may mean increased business costs for platform operators, says Senior Minister of State for Manpower Koh Poh Koon. However, he adds that these costs are “no different” from those incurred by employers who already provide such safeguards for their employees.
    • The Bill may mean increased business costs for platform operators, says Senior Minister of State for Manpower Koh Poh Koon. However, he adds that these costs are “no different” from those incurred by employers who already provide such safeguards for their employees. PHOTO: BT FILE

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    AT THE height of the food delivery wars, an acquaintance told me he would order chicken from one chicken rice stall and rice from another – for one person.

    Granted, this is an extreme anecdote and unlikely to be representative of the greater populace. It nevertheless shows the kind of resource misallocation that can happen when a service or good is inappropriately priced.

    The recent passing of the Platform Workers Bill should, therefore, be seen as a positive on multiple fronts.

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