This means when commuters book a taxi through a mobile app, they will have an additional option to choose either taxi fares based on dynamic pricing or the current metered fares.
SINGAPORE (March 27): OCBC is reiterating its “buy” on ComfortDelGro with a fair value of $2.95 after regulators give the go-ahead for dynamic pricing of taxi fares.
On March 17, the Public Transport Council and Singapore’s Land Transport Authority (LTA) said they have no objections to the proposals by taxi companies on introducing dynamic pricing of taxi fares.
