ComfortDelGro buying 500 more cabs amid perceived turnaround of taxi industry

In its first-quarter financial results announcement last Friday, ComfortDelGro directors said they expect the taxi business to stabilise with "the rationalisation of the competition landscape in Singapore".
In its first-quarter financial results announcement last Friday, ComfortDelGro directors said they expect the taxi business to stabilise with "the rationalisation of the competition landscape in Singapore".ST PHOTO: LIM YAOHUI
The mostly empty rooftop carpark (above) of ComfortDelGro's CityCab building in Sin Ming Avenue yesterday, and (left) the same carpark filled with taxis last November. The taxi giant has around 13,000 cabs now, down from a high of over 17,000.
The mostly empty rooftop carpark (above) of ComfortDelGro's CityCab building in Sin Ming Avenue yesterday, and the same carpark filled with taxis last November. The taxi giant has around 13,000 cabs now, down from a high of over 17,000.ST PHOTOS: LIM YAOHUI, JOYCE FANG
The mostly empty rooftop carpark (above) of ComfortDelGro's CityCab building in Sin Ming Avenue yesterday, and (left) the same carpark filled with taxis last November. The taxi giant has around 13,000 cabs now, down from a high of over 17,000.
The mostly empty rooftop carpark of ComfortDelGro's CityCab building in Sin Ming Avenue yesterday, and (above) the same carpark filled with taxis last November. The taxi giant has around 13,000 cabs now, down from a high of over 17,000.ST PHOTOS: LIM YAOHUI, JOYCE FANG

New tender for hybrid sedans called after recent purchase of 200 taxis

Taxi giant ComfortDelGro has called a tender for the supply of 500 more taxis - just a week after it announced that it had bought 200 new cabs, its first purchase in 18 months.

The listed transport group placed a tender notice in The Straits Times last Friday to source for 500 petrol-electric hybrid sedans.

Please or to continue reading the full article. Learn more about ST PREMIUM.

Enjoy unlimited access to ST's best work

  • Exclusive stories and features on multiple devices
  • In-depth analyses and opinion pieces
  • ePaper and award-winning multimedia content
A version of this article appeared in the print edition of The Straits Times on May 16, 2018, with the headline 'ComfortDelGro buying 500 more cabs'. Print Edition | Subscribe