LTA begins trial test to better match taxi supply and demand

Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
#11
Market competition is good in this instance because without these apps, doubt LTA would come up with this idea, bearing in mind the taxi demand/supply mismatch issue has been discussed for years already

But in other strategic interest or structural reasons for example MRT or power producers, competition may not be the best policy. I've yet to see the power tariff come down. It goes up when oil goes up as cost increased, but comes down so slowly because they have hedged the oil cost. Nice job.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward

Think Asset-Business-Structure (ABS)
Reply
#12
Feedback from Cyber world is "TAXI TAXI" application by LTA is no good. You can only know where there are taxis but you can't book any as no booking software come s with "TAXI TAXI". It something like you can see the grapes but you can't eat it. Ha! Ha! What's wrong with you man? It's FOC O. K.
WB:-

1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.

Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.

NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
Reply
#13
(19-12-2014, 04:06 PM)Temperament Wrote: Feedback from Cyber world is "TAXI TAXI" application by LTA is no good. You can only know where there are taxis but you can't book any as no booking software come s with "TAXI TAXI". It something like you can see the grapes but you can't eat it. Ha! Ha! What's wrong with you man? It's FOC O. K.

IMO, the Taxi app from LTA, isn't a competitive product of other taxi apps. It is more of an trial usage of LTA infra databases. I reckon the databases will be made available to other taxi apps, once matured, with a fee.
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply
#14
LTA and stat boards initiate prize competitions for solutions. Offer a prize and tap on resources globally.
Instead want to do in-house.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
Reply
#15
The first task of the new Minister...

MOT will study third-party ride-booking apps, ensure level playing field: Khaw
02 Oct 2015 12:57
By Jacquelyn Cheok

THE Ministry of Transport (MOT) will study third-party ride-booking apps such as GrabTaxi and Uber, and where justified, level the playing field between private-hire drivers using these apps and taxi drivers, said Transport Minister Khaw Boon Wan on his blog on Friday.

"I have asked Senior Minister of State Ng Chee Meng to take on this assignment, consult our taxi drivers and the general public, and forge a fair solution," added Mr Khaw.
...
Source: Business Times Breaking News
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
Reply


Forum Jump:


Users browsing this thread: 3 Guest(s)