Tuesday, December 6, 2011

Singapore taxi fares increased again. Thanks to Comfortdelgro

Source: CNA

I don't deny that Singapore offers one of the best TAXI service at much lower rates compared to London, NY, Sydney. Having said that I'd say we shouldn't compare SG with UK or US but with HK which is similar city in terms of size, population or income status.

SG is far far behind in terms of service levels (availability of a taxi, etc) and much higher rates compared to Hong Kong. I dare say the culprit is the policy which simply drives the monopolistic behavior by ComfortDelGro. If we want to really drive competetion then we should let each taxi companies decide their own fare structure and also allow them to increase/manage their fleet size. For public transport there shouldn't be any COE or addl taxes as one taxi can easily replace 5 or more private vehicles. This helps a lot to manage the congestion and space in SG.
Hopefully the LTA start to 'manage' the taxi services rather than simply allowing them to do as per their whims and wishes.

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