I doubt so, given the white paper recommedation on
increment of population by 6.9 at the extreme, and even with
the WP argue on 5.9, a million less, it is still an increment
in our population.
Coupled with the reduction in cars on the road, Taxis driver can
expect more business in the coming years till 2016, and if the
current nos of fleet of taxis remain status quo, TD can be very
busy and huat even with an expected lower economy.
Like it or not, be it poor economy or just plain contingent
plan, more and more peoples are taking taxi lessons as stated on
the news, why? because people saw the coming and the needs of taxis
will increase as time goes by.
In everyday driving, out of 10 trips, 3 to 4 trips or
even more are foreigner paxs, and these are our business
opportunity, with the increase bit by bit per year, you will
see more stress on the way we have to cope, especially those
on day shift.
Simple economy logic apply here, once demand is high from
those who give up cars and new immigrant, supply remain same, your
cheese increased.
And if someone is to say more MRT lines is going to
affect our TD earning, did circle lines give you a problem? why
maple trees and CBP or IBP is calling non stop even when the mrt is
just so near them??
The govt had come out with a foresight of the future of
what we should be inorder for the ship to sail on, and to do that,
it must start from now, the figure is not going to be important,
but the entry of new immigrant is definitely going to increase,
even the WP agreed on 5.9
We, the TD of singapore, must also therefore come out with a
white paper on TD in 2030, what we should do now, how we
should act, and what we should avoid inorder for us to sustain a
fleet of Singaporean TD that can still serve the public and yet
earn higher income by the year 2030.