20 February 2020 – ComfortDelGro Taxi is providing beleaguered cabbies with about $10 million in rental rebates till the end of April 2020, over and above the $18 million package which was announced last week.
Effective tomorrow till the end of March 2020, a daily rental rebate of $16.50 will be given to each taxi, translating to $660 for the period. This will be followed by a daily $10 rebate for the entire month of April. Together with the earlier rebate and Government subsidy1 , ComfortDelGro cabbies will see a daily rental reduction of $36.50 till the end of March, $30 till the end of April and $20 till 13 May. More may be done depending on how the COVID-19 situation unfolds.
In all, the total amount of relief that ComfortDelGro cabbies will receive works out to $28 million over the next three months.
The additional assistance comes amidst falling demand for taxi services, brought on by the COVID19 outbreak. With tourist arrivals plummeting and an increasing number of companies allowing their staff to work from home to reduce the incidence of infection, cabbies have seen their income drop by between 20% and 30%.