CABBIES SURVIVE
many taxis in the market. SPAD started to issue taxi permits with the introduction of Teksi 1Malaysia. Since then, taxi permits have been issued only to individuals, much to the chagrin of taxi companies.
Taxi companies charge an average of RM20 per day for permit rental and are sore with SPAD for cutting off this income stream.
They continue to charge higher interest rates than banks on hire-purchase loans taken by taxi drivers.
The high rate of interest is necessary because many drivers default on installment payments under the rental-purchase scheme, or walk away if the cost of repairs, following accidents or mechanical why Trump is rejecting it?
It is clear that Israel and the Jewish lobby in the US do not want a two-state solution.
Trump, who is swayed by Israeli Prime Minister Netanyahu, is inclined not to want peace. failures, are too high.
As good taxi drivers outnumber bad ones, operators make good money. This accounts for the proliferation of taxi companies. But their business model does not include training and controlling their drivers.
That is why none of the taxi companies has emerged as the industry leader or the preferred company in the country.
In Indonesia, the Blue Bird Group is unquestionably No. 1 for taxi services, and is preferred by locals and visitors alike.
Taxi companies are concerned that their drivers make enough money so that they do not fall behind in their monthly loan repayments.
Politicians keep harping on the RM50 daily taxi rental fee. In reality, only RM20 goes to the rental. The rest is for the monthly loan repayment.
Many taxi drivers who are not happy to pay the permit rental
Clearly, there will be no peace deal anymore. The Palestinians do not want the US as a mediator, and they have said this in no uncertain terms.
Trump has lost their trust. But, Trump must know that the more have obtained their own permits or migrated to drive for Uber or Grab using private vehicles.
Those who are driving taxis can use these e-hailing apps and get equal chance to pick up passengers when they accept the same fares as private cars.
Taxi drivers are enjoying the best of both worlds, as they get to pick up street-hailing passengers as well and charge higher regulated fares. But taxi companies, like many other businesses, are badly affected.
Those who are smart had scaled down their taxi business many years ago, when the market was flooded with cabs in 2009 and when Uber came to Malaysia in 2014.
But the few who are incapable of offering new ideas or switching to other business will shout and scream before they go under.
It is not the strongest of the species that survives, nor the most intelligent, but the one most adaptable to change.
injustice is visited on the Palestinians by Israel and the US, the greater will the wrath of the Arabs and the Muslim world be.