According to Dr. Khor, NCS has since established a buddy system and added more checks, as well as establishing a mature developer who will review the work being done.  ,
She noted that the regulators had intended to make the changes public in March while laying out the transportation agency’s saving schedule for the year.
However, it was made in order to move the news ahead.
Due to the ongoing Technical bidding process that runs from February 17 to February 19, we wanted to give all parties fair and transparent access and give bidders time to decide whether to change their bids before the buying cycle closed at 4pm on February 19,” Dr. Khor said.
Companies must now maintain their private-hire vehicles designated for ride-hailing services for three times before they can be sold or given to individuals in accordance with the new rules.
This enables businesses to primarily license these private-hire cars to drivers who offer ride-hail services, according to LTA on February 19.  ,
Additionally, it prevents the premature removal of these cars from the private-hire auto program, which will have an impact on the availability of cars for point-to-point services.
All newly registered or converted hired private-hire vehicles that are owned by companies and all other types of vehicles that have been transferred from people to companies are subject to the necessary three-year lock-in time.
During the discussion on its investing strategies in March, the transport ministry will provide more information about the state of the point-to-point transportation industry.  ,