The private-hire car (PHC) industry, driven by the phenomenal impact of ride-booking apps, has taken on a dynamic and high profile in Singapore’s transport scene with challenges and opportunities for both businesses and commuters. The PHC industry sits at the intersection of numerous socio-economic trends in Singapore and other cities worldwide – technological breakthroughs and disruption, globalised economic competition, sharing economy, and regulatory challenges, among others. With so much going on, it helps to take stock of the rise of PHC services, their impact on the taxi industry, and ultimately, what it means for commuters.
Read my FULL article on Huffington Post “Race to the Finish Line: Private Hire Cars Versus Taxis in Singapore“.
(Photo: Geoff Penaluna/Flickr)