Singapore said today it plans to regulate fast-growing third-party taxi booking services like Uber and GrabTaxi for the first time, capping fees and requiring them to dispatch only licensed cabs and drivers: http://www.malaysiakini.com/news/281197
Under new rules to take effect in second-quarter 2015, operators of the increasingly popular services based on mobile phone applications will be required to register with Singapore’s Land Transport Authority (LTA). The LTA said the fees charged by the booking services could not exceed those of regular taxi companies.
The LTA is in charge of planning, operating, and maintaining Singapore’s land transport infrastructure and systems.
