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While competition in the taxi app market is driving prices down, the Ministry of Transport approved a fare increase for traditional taxis of at least 5 percent.
The new adjustment expected to go into effect mid-April includes the meter rate and airport service charge. The second phase of a long-delayed adjustment first approved in late 2014 should help bring fares in line with actual costs, transportation officials said following a meeting Friday.
“The Department of Land Transport approved the first fare adjustment [in December 2014] for 6 to 8 percent higher,” said the department’s Sanit Phromwong. “The second adjustment in late April is expected to add 5 to 7 percent more which is still under 13 percent approved.”
The changes approved in 2014 were the first increase to fares in nearly two decades.
Full Story – Khaosod English