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In brief: Proposed bill in Singapore looks to improve transparency in ride-hailing fares
- Tabled in Parliament, the Point-to-Point Passenger Transport Industry Bill aims to allow The Public Transport Council to set a pricing policy for the fares of ride-hailing operators such as Grab and Gojek, Vulcan Post reported.
- Under the bill, the ride-hailing companies may soon be required to lay out what goes into their fare calculations to provide transparency.
- It may also require the firms to set and adhere to minimum or maximum fare ranges.
- The new bill also proposes to issue two types of licenses that will regulate taxi and ride-hailing services.
Editing by Eileen C. Ang
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