PETALING JAYA: There are no plans yet to regulate the fares of e-hailing rides, says Anthony Loke.
The Transport Minister said they would be looking at the various developments in other countries, some of which had already started to regulate fares.
"We will continue to monitor. Our policies are not static.
"We are dynamic and we will always look at the developments around us, and we will formulate our policies and make the necessary changes from time to time.
"There are no hard and fast rules where regulations are concerned," he said on Tuesday (July 9) during an event to present PSV licences to disabled e-hailing drivers at the Grab headquarters here.
Loke said they wanted to ensure that the services would continue and the fares would remain reasonable.
He said they would work with the different e-hailing operators to ensure that fares would not go up drastically.
Out of 277 disabled drivers who have registered for PSV licences, 209 passed their exams.
They were from Grab, MyCar, DACSEE and EzCAB.
The government had set July 12 for all e-hailing drivers to apply for a PSV licence, which is also required for taxi drivers.
Drivers have to undergo a six-hour training session at driving centres and pay up to RM200 for the PSV licence.
On top of that, they must get initial and annual vehicle checks at Computerised Vehicle Inspection Centres (Puspakom), pass criminal background and medical checks, contribute to Socso, purchase a eHailing add-on car insurance, and equip their cars with safety gear, including fire extinguishers.
The estimated cost to complete the requirements is RM800.
With the number of drivers significantly reduced on the road, the Malaysian E-hailing Drivers Association (MeHDA) predicts that fares would up as much as 50% – depending on factors such as demand and supply as well as the timing of the rides.