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Singapore Budget 2018: Private-hire car services Uber and Grab may face regulations and licensing

[SINGAPORE] Private-hire car services Uber and Grab could be regulated in the future, and even subject to licensing, as the Government undertakes a review of the point-to-point transportation sector. Due to the growth of the industry, it is “imperative” that the Government has sufficient regulatory oversight over ride-hailing apps, to protect the interests of commuters […]

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Singapore not going cashless ‘for its own sake’ but for economic competitiveness: Vivian Balakrishnan

SINGAPORE is not going cashless “for its own sake”, but to enhance the competitiveness of its economy, said Vivian Balakrishnan, minister-in-charge of the Smart Nation Initiative, at the Committee of Supply debate on Thursday. Dr Balakrishnan was responding to Desmond Choo, a member of the People’s Action Party and mayor of the North East District […]

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