ComfortDelGro Taxis to charge flatter rates soon

Taxi giant making changes to the fare structure

ComfortDelGro may switch to flatter rates

The largest taxi operator in Singapore ComfortDelGro Taxi announced earlier last week that they will be simplifying the fares soon. The move is likely in response to the competition from ride-sharing apps such as Grab and Uber.

ComfortDelgro, which currently controls close to a fleet of 17,000 taxis, says it is not only due to competition from private hires but also because of Singapore’s expanding rail network and the economic slowdown, according to a report by Straits Times.

Despite taxi fares being de-regulated in 1998, taxi operators are still not completely free to formulate their own fares. The move, however, will mean flatter taxi rates similar to the pricing structure found in Uber and Grab.

ComfortDelGro’s CEO Yang Ban Seng in charge of taxi business has also mentioned that the company is keen to introduce surge pricings but may not be allowed to.

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