Forum: Leave fare determination for point-to-point rides to market forces

Singapore should not be unnecessarily worried about high fares for taxi and private-hire car rides (Tackling high fares on ride-hailing apps, difficulty in booking rides, May 9). Let prices be determined via supply and demand.

There is already enough competition between taxi operators and ride-hailing services to let market forces determine the fares.

And high fares will attract more people to drive for a living. When there are more drivers, the fares will fall.

Harry Ong Heng Poh

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