Singapore to Step Up Oversight on Grab, Gojek to Enhance Safety
- Ride-hailing companies will need to apply for licenses
- Unlicensed operators face stiff fines and imprisonment
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Singapore will tighten regulations on ride-hailing operators such as Grab and Gojek, bringing safety-related rules for the services in line with taxi operators to better protect commuters and drivers.
Senior Minister for Transport Janil Puthucheary outlined a new bill governing the ride-hailing industry in the country’s parliament Tuesday. He said ride-hailing operators with at least 800 vehicles will be licensed. Taxi companies will have another license.