Let market decide e-hailing fares if fewer drivers, says Loke | The Malaysian Insight

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Let market decide e-hailing fares if fewer drivers, says Loke

Transport Minister Anthony Loke says drivers should be able to pass the Public Service Vehicle licence test if they take the classes. – The Malaysian Insight pic by Afif Abd Halim, July 2, 2019.

E-HAILING companies will just have fewer passengers if they choose to hike fares following a drop in the number of drivers due to Public Service Vehicle licensing requirements, Transport Minister Anthony Loke said.Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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Grab is a dominant player since Uber left. The result is fares under basically a monopoly skyrocketed. Eg. a 1,5km trip within the same suburb cost a ridiculous RM10! No market forces is not working anthonyloke

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