In Parliament
Oral Reply by Second Minister for Transport Ng Chee Meng to Parliamentary Question on Availability and Pricing of Private Hire Cars
19 February 2018
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Dr Tan Wu Meng asked the Minister for Transport whether LTA collects data on the availability and ride-pricing statistics of private car hire and taxi operators so as to assess how the market and end-user experience is shaped by novel pricing methods such as flat fare pricing and surge pricing.
Reply by Second Minister for Transport Ng Chee Meng:
1. LTA collects data on the percentage of taxi companies’ fleets that are on the roads during peak hours as a measure of availability. We do not collect information on the availability of private hire cars.
2. Dynamic pricing methods can facilitate the matching of supply and demand. They complement metered fares and provide commuters with greater choice. Our surveys suggest that commuters’ satisfaction with waiting time for both taxis and PHCs has improved.