I refer to the article “Cab firms hit by higher operating licence fees” (Straits Times, Jun 24).
Increase may be passed on to drivers?
It states that “National Taxi Association executive adviser Ang Hin Kee said operators may pass the cost on to drivers by raising rental fees. “Higher cost may trickle downwards,” he said.”
A triple whammy?
With a weakening economy that may already be hurting the earnings of taxi drivers, and increasing competition from Uber and Grab – why are we doubling the fees from 0.1 per cent of gross revenue to 0.2 per cent this year, and then to 0.3 per cent next year?
Leong Sze Hian