Singapore’s decision to keep a ban on cross-border private ride-hailing vehicles for cross-border trips between Singapore and Malaysia has been described by analysts as ‘restrictive’ but ‘justified an
d strategically sound’ amid potential risks to the local taxi industry.reported that on Aug 3, the Land Transport Authority said it has no plan to ‘fully liberalise’ cross-border operations to ride-hail services, keeping the arrangement limited to the current taxi quota of about 200 taxis from each side under the Cross Border Taxi Scheme.
Mr Fan echoed this, saying, “How can we catch nonconforming vehicles or drivers if they are out of Singapore, or if they are in Singapore for only a short amount of time?” As of July, Singapore’s taxi fleet dropped to 12,261 from 13,343 a year earlier, while private-hire cars rose to 93,966 from 85,881.
Mr Honda warned that this could result in “significant trip losses” for Singaporean drivers, as Malaysian drivers may offer lower fares.
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