Taxis will stay for as long as ride-hailing platforms continue to exist.
In a public consultation, the Land Transport Authority has proposed two different licences for street-hail and ride-hail businesses.
Grab is eyeing a slice of the street-hail market, with its new GrabNow service - which lets users pay for flagged taxi rides via the app - from next month.
Commuters in Singapore might soon be able to pay for street-hail taxis using the Grab app, the company announced at its fifth anniversary event yesterday.
