CD 1Q17 Results: Public Transport Services Improving, but Taxi Segment Still Under Pressure
Comfortdelgro Corp Ltd (CD SP) reported 1Q17 results last Friday. Overall operating profit dropped by 8.1% to SGD 100.5m while PAT rose 6.7%...
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Carpooling Apps Are Silently Taking Market Share from Taxis (Part 2); Maybe Buses & Trains Next?
The taxi population in Singapore continued to slide in January and February this year, lending weight to my thesis that carpooling features (eg...
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Carpooling Apps/Services Are Silently Taking Market Share from Taxis Too
One Friday afternoon at a shopping mall in Singapore, I saw a queue forming at a covered taxi stand. I looked outside and realized it was...
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Indian Cab Market: Aggregation May Not Be the Key to Success
Late last week there were rumours floating around that Reliance Jio plans to foray into the taxi market as early as April 2017. Jio denied these...
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Budget 2017: New Volume-Based Tax on Diesel Vehicles - Will Taxi Companies Share the Burden?
What's new? In Budget 2017, the Singapore government reduced the annual special tax on diesel taxis by SGD 850 per vehicle (Source: Channel News...
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