Joint Statement by the Land Transport Authority (LTA) and Public Transport Council (PTC) - Dynamic Pricing of Taxi Fares

News Releases
17 Mar 2017

PTC and LTA have reviewed the proposals from taxi companies and Grab to implement dynamic pricing in the form of flat fares for trips booked via mobile applications. The companies have informed LTA and PTC that this will be introduced as an additional option for commuters to book a taxi, on top of the current metered fare taxi bookings. We have no objections to the proposals.