From April 25, SMRT Taxis will be rolling out a fleet of 300 cars as part of its new venture Strides Transportation, its first foray into the private hire car business.
The wholly-owned subsidiary of SMRT Taxis will introduce its fleet of brand-new Toyota Altis sedans progressively over the next six months.
"Our venture into the private hire business is timely," said managing director for SMRT Roads Mr Benny Lim, adding that it represented a "natural progression" for SMRT Taxis in complementing their MRT and bus services.
Strides will also be entering a partnership with ride-booking platform Grab, which will allow commuters to book rides through their app.
The year-long partnership will allow up to 200 Strides drivers to receive performance-based cash incentives from Grab, in exchange for taking bookings through their app exclusively.
Mr Lim said Strides currently has around 50 drivers, and is currently recruiting more.
Current SMRT Taxi drivers will also be able to switch over to becoming drivers for Strides, with no restrictions.
Drivers will be able to rent a Toyota Altis directly from Strides for $79 a day, with incentives offered to safe drivers.
In contrast daily rental rates for SMRT Taxis range from $73.60 for the Hyundai Azera to $125 for a Toyota Prius.
A fleet of 27 Toyota Vellfire 7-seater vehicles and 2 Lexus ES Hybrids, with more vehicles to be introduced in the future, will also be offered as part of Strides limousine service aimed at corporate clients.
"Strides will also be entering a partnership with ride-booking platform Grab"
Better all change name to grab better ma no need wayang lol
thanks for this information.
just like they employ foreign bus driver. they may employ foreigner drivers for the private hired car.
rental how much is the crucial qns
Iam curious y they never parnter wit uber?
Now Comfort Merc limo still on waiting list or not. I want to take.
Originally posted by mAdCaB:Now Comfort Merc limo still on waiting list or not. I want to take.
Must ask bro KTC lol
Heard they also can queue at smrt limo counters...dunno true or not
Can buy SMRT shares ....got chance ...
Originally posted by bowah:Buy Cdg shares better, better dividends and good profit, SMRT is lesser.
Want to be small boss of Comfort and SMRT as well as customer of Comfort/SMRT right?
I wanted to buy shares of Comfort last year but found the price too high so I stayed only as one of the many customers who rents taxi from them.
Anyone knows how much dividends both companies paid per share last financial year?
Originally posted by bowah:True, nobody is chasing them away, so more will come and Q, the year is 2016, a leap year for Innovative Technology and intellectual economy to start as the agent of Change.
Oil price will not change or go up further as countries are looking at alternative such as clean energy and bio fuel, the old way of taxis driving will be out of the scope in the new road map of our govt think tank strategy as you can see,
They, the govt, if you notice, are slowly flavoring toward the apps ride and only knock their head at TDs, but when TDs turn away, they just shake their head and laugh it off.
The sign is here, so for those who are optimistic that Taxis will still be the future of Singapore transportation landscape, keep up the optimism, for this time, pessimistic will be better, be prepare, go learn and upgrade oneself, change is inevitable, the earlier you detect and prepare for it, the better it is for you
But of course this apply to younger TDs, old people like me, can shake legs, drink kopi with PRC bak bak and watch the world struggle along the endless orbit.
Oil price will not change or go up further as countries are looking at alternative such as clean energy and bio fuel.
------------------------------------------------------------------------------------------------------------------
When i read this I make me laugh. sounded æ— çŸ¥ã€‚ Because of high oil price there is a need to invest in alternate energy. But now the oil slow low, no need to invest on other alternative.
Clean energy is talk only. Real world is abouut business $..
Also, oil price will change, it is just a matter of time, how many oil companies can survivies at such low oil price. when those cannot survives remove -> lower supply and if the timing is good with improve business enivronment. oil price will go up.
I
i tink the current private hiring car situation may not be to ideal cause there are too many parties wat to eat the pie that leave the driver with very little income -> not worth the effort.
e.g. Drivers will be able to rent a Toyota Altis directly from Strides for $79 a day. if fares income is $200 per day -> $40 commission need to be paid. -> this total up is at least $120 per day which does not make sense for serious driver. Better to be TD.
$79 a day may only be good for retired driver, PR and WP holder
Originally posted by peterpan212:i tink the current private hiring car situation may not be to ideal cause there are too many parties wat to eat the pie that leave the driver with very little income -> not worth the effort.
e.g. Drivers will be able to rent a Toyota Altis directly from Strides for $79 a day. if fares income is $200 per day -> $40 commission need to be paid. -> this total up is at least $120 per day which does not make sense for serious driver. Better to be TD.
$79 a day may only be good for retired driver, PR and WP holder
add in petrol cost? at around $1.50/litre? so around S$30? earn $200, S$150 gone case... unless they are able to get those hourly booking jobs, but dun think got so much pie to share also...
Originally posted by bowah:In 2013, China led the world in renewable energy production, with a total capacity of 378 GW, mainly from hydroelectric and wind power.
As of 2014, China leads the world in the production and use of wind power, solar photovoltaic power, and smart grid technologies, generating almost as much water, wind, and solar energy as all of France and Germany’s power plants combined.
In 2016, China became world’s largest producer of photovoltaic power, at 43 GW installed capacity. China’s renewable energy sector is growing faster than its fossil fuels and nuclear power capacity.
This is part of the reason for Oil to remain low so as to stay competitive, the other main reasons are more poltical inclined.
Today, shipbuilder are getting more order to build supporting ship for offshore renewable energy, and zero from offshore oil rig.
No doubt on 2013, 2014 as the investment were made much earlier when oil price is high. In 2016, China became world’s largest producer of photovoltaic power, at 43 GW.
These photovaltaic power investment decision is also made much earlier than 2016.
May be you can share such investment decision made in 2015 & 2016. Who will still invest on this when oil price is so low.
-----------------------------------------------------------------------------------------------------------------------
still talk about Oil,,??? World biggest producer of Oil rigs, SembCorp and KeppelCorp, who will once, kingpins of corporations, giving out 9 to 10 months bonuses +13month..orders book are always full with a 5 years fulfillment, but 2015 till now…Zero order.
Rig counts in the world was at 3.500++, but today, in the sea, only 1.200 left and going down, the rest are at shore sunbathing till rust and rot.
---------------------------------------------------------------------------------------------------------------------
Yes. the reason because the oil price is so low now and it is now -ve growth in supply.
Your statement :
Oil price will not change or go up further as countries are looking at alternative such as clean energy and bio fuel.
----------------------------------------------------------------------------------------------------------------------
My answer to you is that oil price will change as the current price cannot sustain.
What make US from an oil importer country to become oil export country, the key reason is shale oil?
Some shale oil wells may have a break even point of $40 a barrel over their production life despite the higher drilling and fracking costs. However, many sources put the average break even point for a fracked horizontal well above $60 a barrel with the higher-cost wells coming in at over $90 a barrel.
Many Shale oil companies will close down with such cost.-> reduce in supply. in fact, the tradition oil production countries are trying to bring down the competitors.
Therefore, oil price going up is a question of timing;ie. when. It is a question about supply and demand.
If you still dont understand, u know mah bao dan cut the property supply the time is no good and then government open the flood gate. What happen to our property price?
Originally posted by lemon1974:add in petrol cost? at around $1.50/litre? so around S$30? earn $200, S$150 gone case... unless they are able to get those hourly booking jobs, but dun think got so much pie to share also...
Exactly! See what is going on for Uber and Grab car driver.
http://uberpeople.net/forums/Singapore/
Current situation being a Uber or Grab car driver is not sustainable for a serious driver.