The govt foreseen a reduction in private car population,
therefore, they have to provide enuf transportation to ferry more
people, especially those given up driving, a family of 4 x few
thousands can be a big figure. You raise COE and yet no bus to
take, what are you trying to do, sure get kick out by next
election.
For taxis, no problem, it will also increase to cater for the
people, especially those who give up driving and the younger ones
who cannot afford to buy cars nowsday, afterall, taxis is still a
very private kind of stuff that most people preferred.