Dear A.S.S. Editor
The Public Transport Council (PTC) and the Land Transport Authority (LTA) issued a statement last Friday saying they had “no objections” to the proposals by taxi companies to impose what they termed “dynamic pricing”, but what we all know as surge pricing.
So that means, nothing is now going to stop these Taxi companies to unleash the surge pricing model to passengers. Instead of providing better service to passengers and better welfare to taxi drivers, the companies choose to match the Grab and Uber companies in introducing surge pricing to keep up with them. The one thing that is not good about Uber and Grab, ans taxi companies choose to copy. Proven that all these companies care about is making money, not service or welfare.
With this, it does seem likely that when there is less demand on the road, then cab drivers would probably go out and drive to pick up passengers.And when the surge is high, then we have to pay ridiculously high prices for taxi ride now.
It seems like at the end of the day, it is the passengers who lose out. Paying higher and higher for fares seem to be the norm now.