Taxi fares to go up
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There is speculation that market leaders Comfort and CityCab are planning an increase in the flagdown fare to S$3.80, with the meter adding 30 cents for every 400m travelled.
www.businesstimes.com.sg/government-economy/taxi-fares-to-go-up
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Taxi fares to go up?
Increase could replace morning and afternoon peak-period surcharge
TAXI fares could soon be raised in a move aimed at improving cabbies' income and at retaining drivers. There is speculation that market leaders Comfort and CityCab are planning an increase in the flagdown fare to S$3.80, with the meter adding 30 cents for every 400m travelled.
The flagdown fare for the two taxi companies' regular cabs is now S$3.70 for the Hyundai i40 model and S$3.20 for the older Hyundai Sonata; for both these models, the meter jumps 22 cents every 400m.
The price increase in distance travelled is said to replace the morning and afternoon peak-period surcharge of 25 per cent of the metered fare, which some commuters have said is confusing.
Comfort and CityCab are both owned by land transport giant ComfortDelGro; together, their two fleets account for 60 per cent of the approximately 28,500 taxis running on Singapore roads.
If these two industry heavyweights revise their fares, the five other taxi companies are expected to follow their lead.
A source said: "The big player sets the pace and influences the market price. But it will be good if their fares rise because it gives us an opportunity to do likewise."
When contacted, ComfortDelGro said it does not comment on fares.
The changes are said to be a response to the stagnant takings of taxi drivers in the last three to four years, even as rental rates of taxis have risen. The i40 costs almost S$132 a day to rent, and the Sonata, around S$110, both prices including GST.
Back in 2011, the Sonata cost under $100 to rent. ComfortDelGro began introducing the i40 only in early 2013.
The group was recently reported to have expected revenue from its local taxi business to rise with the replacement cabs, which command higher rentals, but some drivers have complained that their monthly income has not risen significantly despite increased demand for taxis in recent years. An average driver is understood to take home about S$2,500 a month, though their more hardworking colleagues can earn between S$3,000 and S$4,000.
Taxi companies have thus seen their pool of active drivers shrink as these cabbies leave the industry in search of better pay elsewhere, said a source, who claimed that one of the smaller operators has been left with about 10 per cent of its fleet idle.
"This is a problem that affects everyone because the taxi company doesn't have enough drivers and commuters don't have enough taxis."
He added that this is happening just as many "good, professional drivers" are turning 73, when they have to retire, and also when higher taxi availability (TA) standards are being enforced. TA standards require a company to have a minimum number of cabs plying the roads.
If fares are raised, drivers who make at least 25 trips a day can expect to earn almost S$20 more daily, which will swell their monthly income by up to 25 per cent.
The source said: "With this increase, I am sure it will encourage more cab drivers to stick to the profession."
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《商业时报》引述消���报�，康�德高旗下的康�和城市德士，都将调高车资。
æ�®æ¶ˆæ�¯æ�¥æº�é€�露，起程车资将从现在的3å…ƒ2角（旧现代Sonata车款）或3å…ƒ7角（新现代i40车款），一律调高到3å…ƒ8角。而æ¯�行驶400米的车资，也将从2角2åˆ†å¢žåŠ åˆ°3角，æ�¢ç®—æˆ�一般车资将上涨约25％，但早上和å‚�晚ç¹�忙时段25ï¼…é™„åŠ è´¹å°†å�–消。
业内人士：德士租�出导致车资上调。完整报�，请翻阅14.01.2015《新明日报》。
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Ayo Boy Boy， So Kan Cheong for Why �.
You want to knwo go SOON HENG and Ask Ah Lee （亚利）La.
All CDG, Transcab and SMRT Taxi Meter are Jangan by them.
Every time before Fare Hike, they have received the new Program,
And those cab Taximeter that fail to upgarde trough MDT remote control,
Will need to go SOON HENG for manual upgrade.
So if you so Kan Cheong to know go SOON HENG and ask La。。。。。。。
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taxi fares go up, sound good.. when i see so many taxis on the road, sianz......
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good and bad for taxi drivers. also if many jobess thinking of depending on taxi better think 2times. look for a better jobs or set up some kind of on line business and do business at home. blog shops not only for lady.
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Up fare only benefit those day shift driver. Because peak hour 25% plus current fare of $0.22 is already $0.275 so no much difference. So night shift drivers and those OMO like me drive peak hours only HUAT KI LAN. Only those day shift driver after peak hour huat all the way lah.
Still prefer last time shorter peak hour 35%. I can chop chop finish my shift.
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i start engine at 10am so huat ah ! hahaha
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Cdg finally have to give in, because they still got room to up the flag down price, with lower diesel price...flag down fare up, wow! many will flown back to cdg. In term of normal cab, the industrial is still waiting for breakthru of $4++ flag down fare, with renault at $3.90, this year could be a break thru. On the other hand, dun be fooled by cdg, like all other companies, their revenue in taxi business is base on fleet increases, and be awarded the co getting the most quotas for new taxi, they are also trying to lure in more newbies inorder to improve their targetted profit margin. With the economy looking gloomy, people might opts for other means of transport if the fares get too high, coupled with more taxis on the road,,,,...might end up more green lights on the road
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Day shift driver sure die if fare increase like that. Dun be too happy yet.
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Wah if flag down all sama sama I rather don't take i40 better go for not so old sonata leh
hmmm....still got 2 weeks to think abt it b4 I collect i40
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Originally posted by bowah:
Cdg finally have to give in, because they still got room to up the flag down price, with lower diesel price…flag down fare up, wow! many will flown back to cdg.
In term of normal cab, the industrial is still waiting for breakthru of $4++ flag down fare, with renault at $3.90, this year could be a break thru.
On the other hand, dun be fooled by cdg, like all other companies, their revenue in taxi business is base on fleet increases, and be awarded the co getting the most quotas for new taxi, they are also trying to lure in more newbies inorder to improve their targetted profit margin.
With the economy looking gloomy, people might opts for other means of transport if the fares get too high, coupled with more taxis on the road,,,,...might end up more green lights on the road
Waulau eh, now enough of green lanterns on the road at off peak liao. After 11pm, the number of green lanterns on the roads damn scary, like a swarm of green hornets.
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Originally posted by bowah:
Cdg finally have to give in, because they still got room to up the flag down price, with lower diesel price…flag down fare up, wow! many will flown back to cdg.
In term of normal cab, the industrial is still waiting for breakthru of $4++ flag down fare, with renault at $3.90, this year could be a break thru.
On the other hand, dun be fooled by cdg, like all other companies, their revenue in taxi business is base on fleet increases, and be awarded the co getting the most quotas for new taxi, they are also trying to lure in more newbies inorder to improve their targetted profit margin.
With the economy looking gloomy, people might opts for other means of transport if the fares get too high, coupled with more taxis on the road,,,,...might end up more green lights on the road
no pull factor for newbie to join cdg other than call volume and cheaper diesel. -
Originally posted by Varadero:
no pull factor for newbie to join cdg other than call volume and cheaper diesel.cdg where got enough calls now?
give free levy also no use bcoz cannot use fully due to not enough calls...
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Originally posted by getcarter:
cdg where got enough calls now?
give free levy also no use bcoz cannot use fully due to not enough calls...
Cdg call volume??
Grab call volume also drop alot...last few weeks!
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Originally posted by Alvin87a:
Cdg call volume??
Grab call volume also drop alot...last few weeks!
depend on timing la bro
if tio those short distance shuttle service ones can clock fast
bcoz majority cabs will be stuck in peak hr jam
those sending nearby got high chance in my opinion
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Oops not even call volume..
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If cdg call volume sound is low...just adjust it higher lor...then can hear the ding ding!
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Originally posted by bowah:
If cdg call volume sound is low…just adjust it higher lor…then can hear the ding ding!
good one for a slow monday morning. cheers! -
As a taxi driver, especially those on OMO, whatever days have become not so relevant, because everyday is a driving day. Unlike our former working and schooling days, we craved for weekends and holidays, TD got nothing much to crave for...as long as can soon soon go yishun, song song go jurong, lan lan go woodlands and kan kan reach sengkang...seibei happy liao
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No justification to increase flag down rate now. Oil plunged, GE coming. You think pappy dare to approve such a move at this time?
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This is propagenda news at its very best!
lets decipher the noose
This outcome of this news benefit day drivers and most day drivers are hirers or OMO
CNY coming, its not easy to find super relief, and most hirers will throw key to go long holiday 回鄉下 or just rest for many days (note : base on past experience, after cny, day shift is very slow)
so whoever will inject some juicy news so hirers will hold on and not throw key
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Smlj lower oil prices.... u give me i jitao reject....
U dont know how pinky and his team works meh??
Give u discount... take back full price with GST....
Is like marcham dig a pot of shit give u.... next thing u know ... find means n ways to take b the shit from elsewhere to cover back. Same like balancing checkbook....
Smlj Budget 2015.
Dont come disturb us can liao.
LHL wife is the worst anong their alien breed species.
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Ahem..Last year, I also announced a fare increase propagenda news. Govt, like it or not, is alway jia lang one, and especially our govt, they run this place like a company rather than a country. And as a company, the higher profit you make, the better you are. Just take a taxi driver, you pay higher rental because of higher COE, so actually, you are paying the taxi COE for the company to give to the govt. Then you hv to pay GST which goes direct into govt coffer Then you use their fuel, which included 41% govt fuel tax mark up and Gst directly to the govt again Then you hv to pay some income tax, which again go directly to the govt Then your daily and household expenses such as powersupply bills, phone bills etc also pay Gst and go directly into the govt, not to mention some of these bills are also from govt linked companies. So, how many times are you paying them??
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now the price of oil has come down .will the taxi fare also comes down
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Taxi fares is a direct inverse proportional to the laws of gravity, in fact, so are many other prices of goods. Laws of gravity stated that whatever goes up, must come down. Since Taxi fares is an inverse proportional of it, it will NOT COME DOWN.