Taxi drivers, companies see earnings plunge 90pct during MCO

  • 📰 NST_Online
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

NSTnation: “In March, taxi companies and drivers have seen an over 90 per cent drop in revenue and we are expecting zero or minimal revenue for the next few months, even after April.”

In a statement today, its president Datuk SM Shalahuddin Ayubi Kamal Azad said the fallout from the Covid-19 pandemic and consequent implementation of the Movement Control Order has resulted in immense challenges to both taxi companies and drivers.

“Second, to consider additional subsidies on top of the RM600 from the Social Security Organisation for taxi companies to help employees who are not drivers, but who also play a role in supporting the industry as a whole. “Lastly, that assistance to small-and-medium enterprises also be extended to all taxi companies regardless of their paid-up capital, as some taxi companies do not fall under the category, hence will be not be eligible for any government assistance to SMEs,” he said.

“In March, taxi companies and drivers have seen an over 90 per cent drop in revenue and we are expecting zero or minimal revenue for the next few months, even after April.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 17. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coalition appeals to govt to look into welfare of cabbies and taxi companies during MCO | Malay MailKUALA LUMPUR, April 4 — Gabungan Persatuan dan Syarikat Teksi Semenanjung Malaysia (GPST) today appealed to the government to introduce more measures with the wellbeing of taxi drivers and taxi companies in mind. In a statement, it said taxi drivers have seen their earnings drop by as much as 90...
Source: malaymail - 🏆 1. / 86 Read more »

Coalition appeals to govt to look into welfare of cabbies and taxi companies during MCO | Malay MailKUALA LUMPUR, April 4 — Gabungan Persatuan dan Syarikat Teksi Semenanjung Malaysia (GPST) today appealed to the government to introduce more measures with the wellbeing of taxi drivers and taxi companies in mind. In a statement, it said taxi drivers have seen their earnings drop by as much as 90...
Source: malaymail - 🏆 1. / 86 Read more »