No more flagging down Comfort cabs
No more flagging down Comfort cabs
49% is too much, IMO. Hopefully, the rest of the taxi companies does not follow Comfort's billing structure.
Next year cab rental increase..for sure..
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ComfortDelgro's Q3 profit up 15% to S$59m
By Loh Kim Chin, Channel NewsAsia | Posted: 13 November 2007 2001 hrs
SINGAPORE: ComfortDelGro posted a 15 percent increase in third quarter earnings to S$59 million, bringing profit for the nine months to September to S$173 million.
Revenue for the third quarter rose 6 percent to S$771 million on the back of strong contributions from overseas operations.
The overseas operations accounted for nearly half of turnover.
ComfortDelGro's bus operations in the United Kingdom and Australia were the star performers, accounting for over 70 percent of the increase.
ComfortDelgro expects its overseas operations to continue to drive revenue and profit growth. - CNA/ir
Well, at least taking cab is not as mandatory than taking bus or MRT.
There will be a certain market segment who will still take cabs regardless of hikes. Hence these cab drivers can make a living.
Seriously... throughout this time of price increases in fuel, taxi drivers earnings from abt 2.5k have been dropping to about 2k. It is seriously high time to allow them to increase to allow them to earn just a little bit more?
Surely you cannot ignore their costs have gone up? If you do not accept the price increases, well, there's always the buses.
In singapore, dun you think taxis are like another bus/mrt if you got 4 friends? (at least for me)
Last Fri, still see touting (more discreet) at Clarke Quay. The pax queue was long and unusually less taxis after 12mn. Saw some taxis forming their own queue along River Valley when I drove passed. LTA can announce their figures of cab drivers being caught for flouting the rules. Increasing fares will not solve this problem.
If more people use taxis, less cars will be on the roads.........so there you go, that's the function of the ERP, to reduce traffic. Cause after a while people will get used to paying ERP anyway (if taxis are to expensive, more people will use cars).
Now, taxis will not enter into the CBD empty.......problem of no taxis in the CBD is not solved.
With the increase, very likely less people will use the taxi frequently, therefore the aim of increasing earnings for taxi drivers is not met either.
Last edited by hongsien; 12th December 2007 at 01:58 AM.
Decreasing the rental is a better option rather than increasing fares to the public. Imagine, increase does not mean more increase on their takings. Infact, I am very confident they will increase the rental between 6 months to a year's time which after that make no differance at all.
And as hongsien mentioned, ERP rates should be free for all taxi drivers.
Decreasing rentals means the Taxi drivers will earn more and have less worry if they have a lousy takings right?
Fuel increase is a problem for all drivers but if rental is reduce it will be less painful to the taxi drivers. It will increase the taxi driver's takings. Go ask your dad on that. My 3 friends said the same thing. Instead of increasing fares (taxi drivers do take taxis too sometimes which will be effected by rates increase), rental reductions is still the best bet.
Reason for taking taxis is so you can return to your designated destination. Sharing a cab is not the best options when friends stay all over Singapore. Out of 10 times, how many times do you share with your friends when you flag a cab in CBD area? Plus I only take taxis when I really need to carry heavy stuffs when I finish shopping.
You cannot compare buses and MRTs with taxis when those transport have fix area. Plus they are not carrying only 4 but millions of commuters everyday. So MRTs and Buses have their plus and minus but I will not complain as they are still cheap.
I still take public transport like buses and MRTs on most days.
Last edited by Godzilla Invades; 12th December 2007 at 12:49 AM.
Apart from a more comprehensive network of MRT/LRT in future, i hope they can increase the frequency of the incoming MRTs for all direction during the peak hour. The crowd is getting bigger and bigger during these peak hours.