Thursday, June 30, 2022
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home E-Hailing

Grab: Fare Structure Still The Same, Just Fewer Drivers

The Transport Minister threatened to revoke their license if fare surcharges exceed 200%.

by Ikmal Rozlan
May 25, 2022
grab e-hailing

[Photo: Azman Ghani/The Star]

192
SHARES
Share on FacebookShare on Twitter

E-hailing operator Grab Malaysia has responded to the recent public outrage alleging that its prices have significantly increased in recent days. The company clarified that there had been no change in its fare structure but instead, the price fluctuations were caused by a shortage of drivers.

To recap, the Ministry of Transport (MoT) and the Land Public Transport Agency (APAD) had started investigating several e-hailing companies for alleged price hikes. According to reports, e-hailing customers were seeing fares increase by up to 400% during peak hours.

e-hailing grab airasia

Calls were made for the government to regulate fares but after meeting with representatives from the industry, Transport Minister Wee Ka Siong explained that his ministry does not regulate e-hailing fares and that it was up to the firms to set the price in the free market. However, he later issued a warning to the companies saying that they risk losing their operating license if the surcharges are found to exceed 200% of the base price.

Grab’s explanation is that its platform still has less than 70% of the drivers it had before the pandemic. Because many of its driver-partners have become inactive in the last couple of years, its dynamic pricing will implement a price surge due to there being more ride bookings than there are drivers in the area.

ADVERTISEMENT

The public company also said that the increased traffic congestion was factored into the pricing as it costs more fuel and time for drivers to finish rides. The service provider added that there are barriers to entry for new drivers as they are required to go through six hours of training, take exams, go through a vehicle inspection, and various other red tapes before being licensed to drive on the platform.

To meet the demand, Grab has started offering more incentives to new and old drivers, including more bonuses as well as covering compliance costs. “In the long term, we remain steadfast in our commitment to providing affordable rides for our community,” it said.

(Source: Bernama, NST, The Vibes)

Tags: e-hailingGrab
Updated 8:24 pm, Wed, 25 May 22
Back to top
Share77Tweet48SendShare

ADVERTISEMENT

RELATED ARTICLES

Samsung Galaxy S22 Ultra Night City Challenge
Mobile Phones

Take On The Night City Challenge With The Samsung Galaxy S22 Ultra

by Newsdesk
June 27, 2022

KL’s bustling nightlife is definitely one of the better perks of living in Malaysia’s capital city. From the endless throng...

Read more
OPPO Find X5 Pro Night Photography
Mobile Phones

OPPO Find X5 Pro 5G: Taking Mobile Night Photography To A Whole New Level

by Newsdesk
June 24, 2022

We're sure you've heard of the smartphone stereotype - their cameras are said to produce grainy footage, most especially under...

Read more
ASUS Zenbook 14X OLED Space Edition Review: Starry-Eyed Laptop
Reviews

ASUS Zenbook 14X OLED Space Edition Review: Starry-Eyed Laptop

by John Law
June 24, 2022

If you've ever played around with ASUS' Zenbook laptop, you'll find that, under the lineup, the allure of the concentric...

Read more
Honor Magic4 Pro Inheriting Features
Mobile Phones

HONOR Magic4 Pro: Inheriting All Your Favourite Features & More

by Newsdesk
June 24, 2022

Over the years, various phones have come and gone. Some have been retired or discontinued, while others may have been...

Read more
Load More
No Result
View All Result

TRENDING TODAY

  1. 1
    E-Hailing

    Gojek Confirms It Will Not Be Entering Malaysia

  2. 2
    News

    Employees Can Apply For Flexible Working Arrangements Starting 1 September

  3. 3
    ISP

    TM Is Upgrading Network Infrastructure Nationwide: Provides Wi-Fi 6 Router To 100Mbps Plan

Consumer Tech News & Reviews Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

We use cookies to improve your experience. Learn More.