Comfort Delgro

[new-comer1]

Taxi giant ComfortDelGro to simplify fares

http://www.straitstimes.com/singapore/tr...lify-fares

The only reason why I still pick taxis over Uber/Grab is because of the surge pricing, especially during peak periods and high passenger volume.

[corydorus]

Budget 2017

http://www.businesstimes.com.sg/governme...uced-today

"A volumetric diesel duty will be introduced to incentivise reduced diesel consumption.

To help businesses adjust, commercial diesel vehicles will be provided a 100 per cent road tax rebate for one year, and a partial road tax rebate for another two years."

Interesting I do not see significant stock price movement due to the diesel duty

[Wildreamz]

Budget 2017

http://www.businesstimes.com.sg/governme...uced-today

"A volumetric diesel duty will be introduced to incentivise reduced diesel consumption.

To help businesses adjust, commercial diesel vehicles will be provided a 100 per cent road tax rebate for one year, and a partial road tax rebate for another two years."

Interesting I do not see significant stock price movement due to the diesel duty

Disappointing, no mention of electric vehicles.

[BlueKelah]

Lol no need subsidize electric, it's the market disruptor, so long its cheaper to run, will naturally kill of the diesel vehicles.

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[dividendangel]

Lol no need subsidize electric, it's the market disruptor, so long its cheaper to run, will naturally kill of the diesel vehicles.

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agree with u. i am very disappointed in how comfortdelgo has not been keeping up with times. uber and grab in singapore for ages, but they still crawling like tortoise to kill off their midnight surcharges

[Wildreamz]

Still need lots of support to build up the infrastructure (charging network, regulations etc). Think there may be concerns that the incumbent can't take the disruption?

Edit: Here comes a New Challenger!
www.hdt.com.sg

Established in 2013, HDT Holdings Pte Ltd is the Singapore agent of BYD Co. Ltd, a leader in the fields of IT, automobile and new energy. BYD operates offices around the globe, including Switzerland, the UAE and the US.

Among its many accolades, BYD Co. Ltd holds the distinction of being the first company in the world to announce plans for building an electric vehicle using the environmentally-friendly Fe battery. BYD Co. Ltd has also led the way by being the first organisation (globally) to provide a fully vertically integrated solution for green energy technologies.

[weijian]

I think it that there are quite some taxis lying around and not rented out.

https://sg.news.yahoo.com/new-smrt-taxi-...01532.html


Not vested

Up against stubborn competition from private-hire car services Uber and Grab, more cabbies have been giving up their taxis this year.

For the first five months of this year, the average proportion of the taxi fleet which is sitting idle in yards - also called the unhired rate - hit 9.1 per cent. This is nearly double the average unhired rate of 5 per cent in the same period last year, according to data the Land Transport Authority (LTA) shared with The Straits Times recently.

http://www.straitstimes.com/singapore/tr...heir-taxis

[Art or Science]

EXCLUSIVE DISCUSSIONS IN RELATION TO A POTENTIAL STRATEGIC ALLIANCE 

A case of joining your competitors when you probably may not be able to 'kill' them off? 

http://infopub.sgx.com/FileOpen/POTENTIA...eID=468016

[opmi]

More like "enemy of the enemy is a friend".

CD likely to start burning money on taxis. $3 Masterpay promo cannot make it...

[weijian]

Seems like it was always going to happen? So it is now the 2 biggest boys (Uber + Comfort Delgro) vs the rest of Spore (Grab + SMRT + Prime + Transcab + Premier)

https://www.smrt.com.sg/Media/Press-rele...cements%20

https://www.dealstreetasia.com/stories/55814-55814/

http://www.channelnewsasia.com/news/sing...rm-7797562

https://www.grab.com/sg/press/others/gra...ficiently/