Transport Ministry Has No Regulation Plans For Ride Sharing Fares Yet
Loke’s statement comes just as a previous report indicated that the costs of hailing down a ride-sharing driver are likely to increase after 12 July. Mainly because services such as Grab are expected to lose as many as 50% of its drivers that still haven’t obtained their Personal Service Vehicle (PSV) license. Loke also explains that the reason no such regulation is in place yet is that there are no “hard and fast rules” where regulations are concerned....