It matters. Let me explain why. Taxi and PHV serve vastly different markets. Taxi prices is regulated. The reason to allow PHV in Singapore is to provide an auxilliary support to our street hail industry because in the words of PM which he said in 2015, "No amount of taxi is enough to cater to the needs of peak hours". Ride hail's prices is not regulated. They are meant to serve as an option during dire periods. They are not meant to replace the traditional street hail market but to SUPPORT. When taxi are allowed to take ride hail's jobs, they will when prices are higher than street hail and there will be fewer taxi during peak hours which is counter productive to the reason why ride hail exists in the first place. It literally causes the street hail market to collapse during peak hours. And everyone goes ride hail which push up the demand and which pushes up the prices. And then more taxi abandon street hail and do ride hail and then TS wonders why no taxi wants to do street hail or metered trip.
Should just do away with street hail
Calling via app is so much more superior and efficient for all parties