Grab's base fee hike drives debate over competitiveness
Ride-hailing company says move is aimed at improving driver earnings, though some question the timing
Singapore
ALL eyes are on the next moves by the ride-hailing and taxi industry, as dominant player Grab is set to hike its base fare from June 1.
On Tuesday, Grab announced that it will raise its current base fare by S$1 across all transport services, except for the Standard Taxi, GrabHitch and GrabCoach services.
TRENDING NOW
Trickier across borders: Why commercial disputes are getting more complex
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
When every phone becomes a satellite phone, what happens to Asia’s telcos?
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself