Singapore's largest taxi operator ComfortDelGro has announced that it will increase its cab fares to help cabbies defray higher operating costs. The last time this was done was back in March 2022. A new peak hour surcharge will also be implemented from 10am to 1.59pm on Saturdays, Sundays and public holidays.

But is there a real need for them to do so again? 

Walter Theseira, Associate Professor, Economics & Head, Master of Management (Urban Transportation) Programme, Singapore University of Social Sciences shares his views.