Grab, GoTo brace for new rules as Singapore reviews ride industry

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

The focus is to enhance supply availability while scrutinising the inclusivity of the services provided.

The number of daily trips in Singapore’s fast-growing ride-hailing industry climbed from 517,000 in November 2020 to 613,000 in July 2023.

The land transport authority said Thursday it’s looking to change the framework for the taxi and ride-hailing industries. It’ll focus on availability of supply, resilience and the inclusivity of services, while also looking at matters such as the adoption of clean-energy vehicles. The companies also face pressure to award more benefits for riders and other employees, as governments around the world focus on ensuring fair treatment of gig-economy workers.

 

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:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines