Most of these smaller taxi coys are car rental or in a way in
vehicle businesses, for them to come into taxi business is a total
different scenarios, cdg one the other hand, is built from taxi
business, you see their rental business is so poor.
Therefore, these smaller players do not have that niche nor that
passion to built a taxi company empire like comfort or TC.
When govt liberalise taxis, they invited companies, especially
car rental companies to join in inorder to give a picture of open
market and competition. Given a good tax rebate on the first few
years as incentive, many of these smaller player like smart joined
in for the reason of supporting the govt and hope that can evade
corporate tax or lesser their taxation. But all these come with a
few strings attached, so when they cannot make it, that is it,
after all, they are not that smart.
yah. premier and prime uses taxi business to supplement their
rental business.
better profits, it seems. but LTA have rules for them to follow,
unlike their rental business.
if they cannot buck up, then will have to kick the bucket
lor.
eventually, only CDG, SMRT will be left. TC? maybe....