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Aya Lin · · 1 min readIn brief: Singapore to tighten regulations on ride-hailing firms
- Singapore will tighten regulations on ride-hailing operators such as Grab and Gojek, bringing safety-related rules for the services in line with taxi operators to better protect commuters and drivers, Bloomberg reported.
- Senior Minister for Transport Janil Puthucheary said ride-hailing operators with at least 800 vehicles will be licensed, while taxi companies will have another license.
- Unlicensed operators may face a fine of as much as S$10,000 (US$7,200), imprisonment for as long as six months, or both, according to a joint statement by the Land Transport Authority and the Public Transport Council.
Editing by Charmaine de Lazo
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