Analysts backed Singapore’s decision to keep a ban on cross-border private ride-hailing service with Johor Bahru, Malaysia, citing adequate options and potential risks to the local taxi industry. SMU Assistant Professor of Strategy and Entrepreneurship (Education) Terence Fan said licensed taxis are sufficient to meet the demand. Asst Prof Fan added that during certain festive seasons, demand seems to outstrip current supply. However, outside of this season, the current supply of cross-border taxis seems to be more than capable of handling the demand.
