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Confirming market talk that has been circulating for weeks now, the Land Transport Authority (LTA) told The Straits Times: ‘LTA received an application for the taxi operator’s licence recently, and we are currently evaluating the application.’ The authority would not reveal the identity of the applicant, but The Straits Times understands that the applicant is Tiong Asia Marine, a small company that repairs, paints and cleans boilers for the shipping industry.
They state that taxis can now pick up and drop off passengers anywhere in their domestic countries.
The firm has a 16 percent share of the bus market in the state of Victoria.
By Samuel Ee Mon, Nov 17, 2008 The Business Times HIGH energy costs and diesel subsidies to taxi hirers, as well as a weaker British pound, put the brakes on Comforters Corp’s third-quarter net profit, dragging it down 18.1 per cent to .3 million from a year ago.
But they still need to go to the respective pick-up points in the other country.
Currently, taxis plying both sides of the border are allowed to pick up and drop off passengers at just two places: Ban San Street near Bugis, and Pasar Bakti terminal in Johor.