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
Add BT as a preferred source
[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.
TRENDING NOW
From hawker stall to Enterprise Award winner: How Han Keen Juan scaled the Old Chang Kee empire
Koh Poh Koon resigns from ministerial roles for ‘family reasons’, will stay on as MP
Haidilao co-founder’s family buys second bungalow in Cluny Hill for S$85 million
Ban on land sales, new launches for developers that deliver ‘defect-ridden’ projects
