Ride-hailing apps transform taxi sector

Publication: The Straits Times,

In 2013, the Land Transport Authority imposed a rule that required cabbies to clock at least 250km on the roads a day, to boost the supply of taxis. Three years later, it has decided that this requirement will be scrapped from next year. The rule’s short-lived existence reflects the swift transformation the taxi sector has undergone this year due to technological disruptions on two fronts – the popularity of cab-booking apps and private-hire car services Uber and Grab.

To read the article click here