Taxi fares to increase by 12% from September

Raising of the maximum fare by a weighted average of 12% is being made to reflect the increasing operating costs faced by taxi drivers combined with the introduction of cashless payment facilities in cabs.

Taxi fares are set to rise by 12% on average from September 1 after the National Transport Authority (NTA) confirmed the planned increase.

The NTA said it would also be mandatory for all taxis to provide a cashless payment option to customers from the same date.