Make it fare for all in new taxi-ride pricing system

THE trend for taxi fares is clear. How they are calculated is still not. Ride-hailing app Grab has introduced a new service that pools all taxis and private cars together, charging rides made in any of them on the same fare structure.

The most attention-grabbing aspect that the new service, JustGrab, brings to taxi fares is the surge pricing - something that metered taxi fares currently do not include.

Such a component is present in Grab's private-car service GrabCar's fares, and also those offered by Grab's main rival, Uber.