New Straits Times - - Letters -

THE liveli­hood of taxi driv­ers in the world has been se­verely af­fected since Uber started to match de­mand from pas­sen­gers with driv­ers sup­ply­ing ride ser­vices us­ing pri­vate ve­hi­cles.

In 2010, Lon­don black cab driv­ers earned be­tween RM42,000 and RM56,000 a month, more than many in li­censed pro­fes­sions such as ac­coun­tants, doc­tors, engi­neers and lawyers.

In 2013, some New York taxi medal­lions (per­mits) were sold for US$1.3 mil­lion, but not long ago, one was trans­acted for only US$241,000.

In Syd­ney, a taxi li­cence was worth A$406,000 in Oc­to­ber 2012, but dropped to A$200,000 in Fe­bru­ary this year.

Cab­bies in Malaysia are spared from such huge losses as they do not have to pay for taxi per­mits based on mar­ket rates.

Since in­cep­tion, all me­tered taxi per­mits is­sued by the Land Public Trans­port Com­mis­sion (SPAD) were granted only to in­di­vid­u­als, start­ing with the first 1,000 un­der Teksi 1Malaysia.

Last Au­gust, SPAD un­veiled the Taxi In­dus­try Trans­for­ma­tion

Newspapers in English

Newspapers from Malaysia

© PressReader. All rights reserved.