SINGAPORE - In a recent article on skyrocketing cab fares and increasing difficulty in booking a ride, The Straits Times quoted Singapore University of Social Sciences economist Walter Theseira saying: "Driving is not an easy job, so why should we think that drivers owe us a cheap and easily available ride?".
It is a very valid point. Prices all round have been rising. Why shouldn't taxi and ride-hailing rides, too - especially when fuel cost has surged by more than 50 per cent since last year?