SG • Global

Taking the 'ouch' out of pump prices

How to get fuel prices down, and not just provide temporary relief, is a question confronting many countries. ST PHOTO: KUA CHEE SIONG

With pump prices here up 30 per cent to 40 per cent in the past six months, the Government's recent announcement of one-off relief of $150 for eligible taxi main hirers and private hire car drivers - and up to $300 in cash for eligible drivers under the NTUC Freelancers and Self-Employed Unit Relief Scheme - is welcome news.

It comes on top of other help from taxi and private hire car operators such as temporary fare adjustments, rental rebates and discounted fuel.

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