SINGAPORE: Some taxi companies will absorb part of the recent fuel price increases to cushion the impact on drivers, as the war in the Middle East drives up global oil prices.
Singapore’s largest taxi operator ComfortDelGro said it will cover some of the higher fuel costs, recognising the “direct pressure” that the hikes place on drivers’ livelihood.
“Working with the National Taxi Association to alleviate the drivers’ financial pressure, we will absorb a portion of the increased fuel costs at our pumps and deploy targeted fuel subsidies as part of a broader commitment to driver welfare and operational stability during this period of volatility,” said Mr Michael Huang, head of its Singapore point-to-point mobility business.
