The Land Transport Authority (LTA) and the Department of Transportation (MOT) announced one today $ 77 million fund to help taxi and private drivers whose livelihood is affected by the COVID 19 outbreak.
S $ 45 million of this comes from the government, while the remaining S $ 32 million is provided by Singapore's taxi and hail shipping companies.
The so-called point-to-point support package with a total volume of S $ 73 million will help active full-time drivers to cover declines in business.
Taxi and private rental companies are said to have recorded a 25 to 30 percent drop in profits last week.
Around 40,000 drivers receive a special relief from $ 20 a day for the next three monthsfrom February 14, 2020.
According to a statement by Gojek, the government and the company share this daily amount equally with S $ 10 each.
Taxi drivers can expect to get the relief automatically through their taxi companies into their accounts.
Private landlords, on the other hand, are entitled to support if they have completed at least 200 trips per month from October to December 2019 and then have to apply through their hail fighting companies.
ComfortDelGro, CityCab, SMRT-Taxis, Trans-Cab, Premier-Taxis, Prime, HDT-Taxi, Grab and Gojek are companies that will offer the package.
Drivers who do not qualify for special assistance can continue to apply for assistance from an S $ 2.7 million fund set up by the government and the NTUC.
With the remaining S $ 1.3 million, LTA waives three months of license fees for taxi companies.
LTA also announced that it would postpone the implementation of its new licensing scheme for road and rideshare vehicles until September 2020, which was originally due to take effect in June 2020.
Selected image source: AFP