Torque (Singapore) - - PIRELLI SPECIAL -

IIT is prob­a­bly too late, but has any­one done a cost-and­ben­e­fit anal­y­sis of hav­ing an un­fet­tered pri­vate-hire in­dus­try here? Well, for what it is worth, here is a rough-and-ready ex­am­i­na­tion of what Sin­ga­pore has gained (and lost) by hav­ing around 47,000 taxi-like cars ply­ing here – on top of the 23,000 li­censed cabs on

the road. now able to drive an or­di­nary pas­sen­ger car, al­beit one with telling de­cals front and back. Com­pe­ti­tion has also re­sulted in dis­counts and pro­mo­tions lav­ished on com­muters. The new­com­ers, es­pe­cially, are of­fer­ing plenty of sweet­en­ers (at least, for now) to win mar­ket share.

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