12 Jul '18, 11am

Taxi, ride-hailing commissions capped at 20%: report

It’s been reported that the commission earned by taxi and ride-hailing companies has been capped at 20% of the total fare, following complaints that these services were charging drivers up to 25% in commissions. According to The Star , transport minister Anthony Loke said that the maximum commission rate was previously set at 20% for private vehicles and 10% for taxis. “The surcharge rate is also limited to twice the fare charge,” he said, adding that the new law is an extension of regulations already passed in parliament last year , which legalised ride-hailing services like Grab. Loke also said that there would be a one-year grace period for these companies to comply. We’ve already reported on the other regulations set to be introduced , including a requirement for ride-hailing service providers to register with the Companies Commission of Malaysia and Cooperatives Commi...

Full article: https://paultan.org/2018/07/12/taxi-ride-hailing-commissi...

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