actually to me the most important thing is to restrict cabbies to
only singapore citizen…
the second most important thing is to allow cabby to own their
cab…. that makes a big difference to income…
if running taxi companies is loss making, y are there so many
rushing to set up taxi companies and attracting you to be their
hirers? to make losses?
second this.. no. 1 most impt thing
second most impt thing mentioned.. cabbies should really own their
own vehicles and earn their keep, take care of their vehicles and
provide really good service. Market force will then decide those
that are the black sheep to be out. Regulators are there to
support, improve and enhance the industry.. not burden it..
As to taxi companies are loss making, first the grass is always
greener on the other side. Second, many of their core business are
not hiring of vehicle, but they need the number of vehicles for
their core business, can be rental, insurance, selling of fuel,
including CNG/LNG etc..
Basically to some companies, even if not profitable, it beefs up
the groups portfolio and look nice in business sense (same theory
to not all retailers are profitable, but to look good, they must
stay). The chinese call it la chang bu duan.
Pricing - someone mentioned this somewhere in the forum.. Agreed
that its way "too affordable". Its either no. of vehicles have to
reduce, or $$ have to increase to further improve service standards
and work life balance.
@RotaryEngine - I tried reading the threads.. just too many and
messy.. so to keep ideas and thoughts centralized, this might
be better.