In Parliament
Written Reply to Parliamentary Question on Guidelines on Recommended Rental Rates for Vehicles Hired for Driving Trades
1 August 2022
This article has been migrated from an earlier version of the site and may display formatting inconsistencies.
Ms Yeo Wan Ling asked the Minister for Transport whether the Ministry plans to provide guidelines to vehicle rental companies on recommended rental rates for vehicles hired for the driving trade, such as private hire vehicles.
Reply by Minister for Transport S Iswaran:
1. Vehicle rental rates are part of commercial agreements between vehicle rental companies and drivers. The Land Transport Authority does not set guidelines on such terms and rates, which are commercially determined. To remain competitive, vehicle rental companies may offer different packages and contracts, which cater to the different needs and preferences of drivers.