Disrupting the disrupters: Singapore rattles sharing economy with rule change

Tighter regulation: Singapore's new rules allow officials to suspend a ride-sharing company for up to a month.

SINGAPORE: Singapore, a keen early adopter of the sharing economy, has fired a warning shot across the bow of Airbnb and Uber with tighter rules that could shake up their business models and growth ambitions in Asia.

The rules, some say, are a sign that even governments sympathetic to companies that allow citizens to rent out their expertise or property have a hard time striking the right balance between encouraging disruptive technologies and keeping them in line.