Singapore
Grab seeks to impose 30-cent platform fee on ride-hailing services in Singapore; competition watchdog studying application
The Competition and Consumer Commission of Singapore that it is seeking public feedback on Grabu00e2u20acu2122s application to impose a 30-cent platform fee. u00e2u20acu201d Reuters pic

SINGAPORE, June 29 — Grab plans to impose a 30-cent platform fee on its ride-hailing services here, so that it can maintain and improve safety measures and cover relevant operating costs, its managing director for transport Andrew Chan said. 

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To do so, Grab has made a request to the Competition and Consumer Commission of Singapore (CCCS) for the inclusion of the fee — which will be 32 cents with the Goods and Services Tax — for every ride. 

"The platform fee will enable us to maintain and improve safety measures, cover other relevant operating costs as well as look after our driver-partners’ welfare sustainably,” Chan said yesterday. 

Examples of these safety measures include number-masking, the emergency button and driver identity verification, which will "help to safeguard users’ safety and security, as well as prevent fraud”, he added. 

In addition, other measures such as driver telematics to warn of speeding and heat-maps to show popular areas will ensure the well-being and livelihoods of drivers on the road.

If the platform fee is approved, Chan said that Grab will commit one-third of the fee received to drivers’ welfare by: 

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