"I used to make $130 during peak hours. Then the customers are scared off and I couldn't even make $10" -Taxi driver in the picture.
I'm sure taxi companies are so disappointed with Singaporeans not being able to accept the recent hikes. Such behavior undermines their profit growth and is not very good for Singapore Inc. I think the choice has come to being able to send your child to the doctor when he is sick vs taking that taxi. There is only so much you can squeeze from Singaporeans. The plan of the taxi companies (or rather Comfort) appears to be hike the fares first let the taxi drivers have it good for a short while then enhance its own profits by hiking the rent and cutting the diesel subsidy.
Taxi drivers don't want the latest fare hikes although taxi companies say it is to help them improve their income. Of course, the best way to help taxi drivers is to cut the high rents they are paying for taxis but somehow the taxi companies can't think of that idea.