SUBSCRIBERS
Ride-hail drivers may remain in short supply even as Singapore’s demand keeps rising
Being a ride-hail driver has grown less attractive as earnings stagnate while costs rise
Published Wed, Mar 19, 2025 · 05:00 AM
[SINGAPORE] The shortage of ride-hail drivers in Singapore may continue this year, as their takings stall while rental and fuel costs rise.
This is even as ride-hailing demand keeps increasing, fuelled by a positive economic outlook and more tourism.
Ride-hailing platform operators Grab, Gojek, Tada, as well as the taxi and private-hire car subsidiary of transport group ComfortDelGro told The Business Times that they expect the sector to grow in 2025.
Copyright SPH Media. All rights reserved.