Number of taxi, private-hire drivers grew ‘much faster’ than ridership, resulting in lower earnings: Amy Khor
FARES DECIDED BY DEMAND AND SUPPLY While the authorities watch developments in the point-to-point sector closely, they do not set fares as these are determined by transport operators based on market competition, said Dr Khor. “We also do not cap the number of P2P (point-to-point) drivers, but instead allow the supply of P2P drivers to … Read more