Trans Cab News Today

SINGAPORE: A driver of a Trans Cab taxi has been arrested for allegedly attacking a passenger with a weapon following an argument.

Argument started after driver walked back from agreement to drop off passengers at multiple destinations. Read more at straitstimes.com.

The commission said in a statement that it was unable to conclude at the end of its first phase of review of the proposed acquisition that the deal did not give rise to any competition concerns.

SINGAPORE (The Straits Times/Asia News Network): Singapore’s competition watchdog has raised concerns over ride-hailing giant Grab’s proposed takeover of the country’s third-largest taxi operator, Trans-Cab, citing the potential for the move to raise barriers to expansion and entry for rival platforms.

Singapore's competition watchdog, the Competition and Consumer Commission of Singapore (CCCS) has completed phase one of its review of ride-hailing company Grab's proposed acquisition of Trans-Cab

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CCCS is seeking public views to decide whether Grab's acquisition of Trans-cab can be finalised. Read the proposed details here.

We look at the latest inflation reading and an acquisition of a taxi company by a super-app. The post Top Stock Market Highlights of the Week: Singapore’s Inflation Rate, US Federal Reserve, Grab Holdings and Ant Group appeared first on The Smart Investor.

The Association will work with the relevant stakeholders to address drivers' concerns, queries on existing contracts, the adoption of new technology, and smooth onboarding onto the ride-hailing platform.

Ride-hailing company Grab will be acquiring Trans-Cab, one of Singapore’s largest taxi operators, according to a statement by the companies. It will acquire 100% of the shares in Trans-Cab in this deal.