Taxi Drivers Saw 40% Drop In Revenue

BBC News, 16 Jul 2009, Mariko Oi

Some drivers have seen a fall in revenue of around 40% from last year
A decade ago, James Yang upgraded his taxi to a seven-seater maxi cab to target Singapore's corporate sector.
And for a while it worked out well, "bringing in more money", he says.
"Travel agents asked me to pick up their clients, or I did big corporate events.
"But now, companies are spending less on taxis. My revenue has fallen almost 90% since last year."
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