09 Mar '11, 12pm

Premier Taxis, which has about 2,000 cabs here, will charge passengers 50 cents more per ride

Premier Taxis, which has about 2,000 cabs here, will charge passengers 50 cents more per ride. Observers expect the other players to follow suit - but probably not immediately. -- ST PHOTO: CHEW SENG KIM TAXI fares are going up on the back of a fuel surcharge that one cab company is introducing from next Wednesday. Premier Taxis, which has about 2,000 cabs here, will charge passengers 50 cents more per ride. Observers expect the other players to follow suit - but probably not immediately. There are six other companies here, accounting for a total of 26,000 cabs. Though none of them said they had plans to impose a fuel surcharge, most are mulling over it. Mr Teo Kiang Ang, managing director of Trans-Cab, the second-biggest operator here, said: 'We should, because fuel price is so high. We're waiting for 'big brother'.' He was referring to market leader ComfortDelGro, which ...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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