ComfortDelGro taxi hirers are now receiving a total of $46.50 daily in rental relief for each taxi. This comprises $36.50 from the company, and $10 from the government’s Special Relief Fund (SRF).
SINGAPORE (Mar 30): Taxi drivers are rejoicing as ComfortDelGro moves to extend its daily rental relief till September 2020 in a bid to cushion the impact of Covid-19.
But on the flipside, investors are about to be hit hard as ComfortDelgro Taxi is expected to sink into the red for FY2020 ending December, marking the first time Singapore’s largest taxi operator will post full-year losses.
