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.
Singaporeās largest taxi operator ComfortDelGro said it will cover some of the higher fuel costs, recognising the ādirect pressureā that the hikes place on driversā livelihood.
āWorking with the National Taxi Association to alleviate the driversā 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,ā said Mr Michael Huang, head of its Singapore point-to-point mobility business.
