Rental wars started
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Originally posted by Jasonlkl:
Btw, how would i know if i am inside CBD area? Is it as long as there's ERP?
It is discussed during the tdvl lessons. -
Originally posted by peterpan212:
It is discussed during the tdvl lessons.Is either the course instructor eat snake or I didn't pay attention.
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More cabbies are throwing in the towel and exiting the taxi trade, underscoring the stiff competition they are facing from private-hire services like Uber and Grab.
Land Transport Authority data revealed that in the first 11 months of last year, the average rate of taxis that were unhired was 5.9 per cent, up from 4.2 per cent in 2015.
More than 1,620 taxis are now sitting idle in the yards of taxi companies, up from 1,190. This, even as the total fleet of taxis in Singapore has shrunk, from 28,300 at the end of 2015 to 27,500 currently.
The rise in the number of unhired taxis has prompted a second operator to slash rentals. Premier, with over 1,900 cabs, has cut its net rentals to mostly below $100 a day, a spokesman told The Straits Times.
In doing so, it follows in the footsteps of Trans-Cab, the second biggest operator here with 4,500 taxis, which has cut rental fees by between 22 per cent and 34 per cent for drivers hiring without a relief.
A Premier taxi driver, who did not want to be named, said he signed an incentive scheme starting last week that will allow him to earn incentives of $300 a month, as well as a $1,000 bonus if he completes a six-month-long contract.
Premier said it is offering such schemes to "support our drivers whose incomes have been affected by the sudden surge in the supply of taxis in the form of private-hire vehicles". Its rate of unhired taxis was "consistent" with the competition. Trans-Cab said last month that 11 per cent of its cabs were not hired out.
ComfortDelGro, Singapore's largest operator with over 16,700 taxis, did not respond when asked if it would be adjusting its rental rates.
The job of a taxi driver has become increasingly unattractive since Uber and Grab entered the market in 2013, say observers and drivers.
With no cap on private-hire vehicles allowed to roam the roads, the number of "taxi-like services" has boomed, said Dr Park Byung Joon, a transport expert at SIM University. "This has created a negative impact on the income potential, and becoming a taxi driver is less attractive."
There are about 25,000 Uber and Grab cars here. While private-hire operators also have unhired cars - nearly 1,000 as The Sunday Times reported yesterday - this is a matter of the market needing to reach equilibrium point, said Dr Park.
The challenge for taxi companies is more fundamental, he noted, adding that the authorities need to rethink what a "taxi" is. In its traditional form, taxis cannot compete with Uber-type businesses permitted to operate in Singapore, he said.
Meanwhile, taxi drivers said they are thinking of switching firms. Comfort cabby K.Y. Yuen, 40, who pays a daily rent of $110, said: "I'm hoping Comfort will cut the rental in time. If nothing happens after one or two months, I will jump to another firm."
He said his earnings are down by 20 per cent, especially at night when passengers want to avoid taxis' midnight surcharge.
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Originally posted by Jasonlkl:
Is either the course instructor eat snake or I didn't pay attention.
You paid for the material. There is a map that show the boundary of cdb. Typically mackenie road is also discussed whether it is in cbd. Another location is icon mall. -
Originally posted by peterpan212:
You paid for the material. There is a map that show the boundary of cdb. Typically mackenie road is also discussed whether it is in cbd. Another location is icon mall.Great! Thanks!
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Originally posted by Pandanchen:
More cabbies are throwing in the towel and exiting the taxi trade, underscoring the stiff competition they are facing from private-hire services like Uber and Grab.
Land Transport Authority data revealed that in the first 11 months of last year, the average rate of taxis that were unhired was 5.9 per cent, up from 4.2 per cent in 2015.
More than 1,620 taxis are now sitting idle in the yards of taxi companies, up from 1,190. This, even as the total fleet of taxis in Singapore has shrunk, from 28,300 at the end of 2015 to 27,500 currently.
The rise in the number of unhired taxis has prompted a second operator to slash rentals. Premier, with over 1,900 cabs, has cut its net rentals to mostly below $100 a day, a spokesman told The Straits Times.
In doing so, it follows in the footsteps of Trans-Cab, the second biggest operator here with 4,500 taxis, which has cut rental fees by between 22 per cent and 34 per cent for drivers hiring without a relief.
A Premier taxi driver, who did not want to be named, said he signed an incentive scheme starting last week that will allow him to earn incentives of $300 a month, as well as a $1,000 bonus if he completes a six-month-long contract.
Premier said it is offering such schemes to "support our drivers whose incomes have been affected by the sudden surge in the supply of taxis in the form of private-hire vehicles". Its rate of unhired taxis was "consistent" with the competition. Trans-Cab said last month that 11 per cent of its cabs were not hired out.
ComfortDelGro, Singapore's largest operator with over 16,700 taxis, did not respond when asked if it would be adjusting its rental rates.
The job of a taxi driver has become increasingly unattractive since Uber and Grab entered the market in 2013, say observers and drivers.
With no cap on private-hire vehicles allowed to roam the roads, the number of "taxi-like services" has boomed, said Dr Park Byung Joon, a transport expert at SIM University. "This has created a negative impact on the income potential, and becoming a taxi driver is less attractive."
There are about 25,000 Uber and Grab cars here. While private-hire operators also have unhired cars - nearly 1,000 as The Sunday Times reported yesterday - this is a matter of the market needing to reach equilibrium point, said Dr Park.
The challenge for taxi companies is more fundamental, he noted, adding that the authorities need to rethink what a "taxi" is. In its traditional form, taxis cannot compete with Uber-type businesses permitted to operate in Singapore, he said.
Meanwhile, taxi drivers said they are thinking of switching firms. Comfort cabby K.Y. Yuen, 40, who pays a daily rent of $110, said: "I'm hoping Comfort will cut the rental in time. If nothing happens after one or two months, I will jump to another firm."
He said his earnings are down by 20 per cent, especially at night when passengers want to avoid taxis' midnight surcharge.
A version of this article appeared in the print edition of The Straits Times on January 16, 2017, with the headline 'More cabbies leaving the job amid stiff competition'. Print Edition | Subscribe
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Originally posted by peterpan212:
You paid for the material. There is a map that show the boundary of cdb. Typically mackenie road is also discussed whether it is in cbd. Another location is icon mall.where's icon mall?
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Originally posted by j007:
where's icon mall?
sorry. ion orchard. -
I find it difficult to remember the CBD boundary after studying the map.
All the way from orchard to city hall to raffles place to MBS, etc.
Better dun anyhow charge pax for newbies.
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A Premier taxi driver, who did not want to be named, said he signed an incentive scheme starting last week that will allow him to earn incentives of $300 a month, as well as a $1,000 bonus if he completes a six-month-long contract.
comment: don't trust premier to keep to their words
they said i will receive $2800 into my bank account before CNY, i did not recieved.
all their empty promises are to tempt drivers to stay with them. they know they are losing in the rental war.
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Originally posted by Pandanchen:
A Premier taxi driver, who did not want to be named, said he signed an incentive scheme starting last week that will allow him to earn incentives of $300 a month, as well as a $1,000 bonus if he completes a six-month-long contract.
comment: don't trust premier to keep to their words
they said i will receive $2800 into my bank account before CNY, i did not recieved.
all their empty promises are to tempt drivers to stay with them. they know they are losing in the rental war.
Loyalty program is very important for all businesses.
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When come to business of today, is there a true loyalty in it??? If not to earn more from you, it might even con you more. Not to mention employees of today, where got loyalty one, smlj long service award, nabey, drive for cdg 30 years, get only $300 NTUC voucher,..puixxx, waste my time
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That's $10 a year. Need to top up $1 to buy a pk of cigarette.
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be relief better
no need to pay season parking, no need to send car for inspection, no need to send car for servicing
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Yalor, best is super relief, low rental prices, see those hirers in need to go off, slash them cau cau, want, come, dun want, nevermind...but for hirers going for operation type, I always give way...ke lian
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Will take up the cdg promo and drive alone for the first 6 mths. Hopefully the promo can wait for me. 之���打算
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Originally posted by Pandanchen:
be relief better
no need to pay season parking, no need to send car for inspection, no need to send car for servicing
if u relief day, can siam all these thing? hirer ask u go fly kite
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Originally posted by j007:
if u relief day, can siam all these thing? hirer ask u go fly kite
hirer normally do day shift
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Haven't partnered alrdy so many disagreements. No wonder alot still choose to remain as OMO. I probably will too.
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Haven't partnered alrdy so many disagreements. No wonder alot still choose to remain as OMO. I probably will too.
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omo cannot make money now. unless you drive like artillery canon, 15 hours a day
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Originally posted by Pandanchen:
omo cannot make money now. unless you drive like artillery canon, 15 hours a day
Oic. But i will still want to try OMO first. 先苦�甜 hopefully.
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It is not a matter of 先苦�甜, but more of a matter of first 测试味�的感觉, if really very 苦, at least you can reconcile and re plan your strategy. Just like buying bak kua...test first mah, if good, then buy...be wise, never let your principle overtook your brain.
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Heard cdg still ask those return taxi park at their home car park they pay for it. Good that those join cdg help them to free up parking space yet them tell you no radio. No radio then dont take lah. They continue to pay for the car park lah. Dont give in so easy.
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Originally posted by peterpan212:
Heard cdg still ask those return taxi park at their home car park they pay for it.
Good that those join cdg help them to free up parking space yet them tell you no radio.No radio then dont take lah. They continue to pay for the car park lah. Dont give in so easy.何必呢……