Here’s a simple way ComfortDelGro could save $2 mil a year

SINGAPORE (March 8): A commercial decision to change all taxis to yellow could save lives and potentially reduce economic losses by millions of dollars, according to a study led by researchers from the National University of Singapore (NUS).

After poring over 36 months of detailed taxi, driver, and accident data from two fleets of ComfortDelGro’s yellow and blue taxis in Singapore, researchers say they have found an explicit link between the colour of a taxi and its accident rate.

Simply put, the analysis suggests that ComfortDelGro’s yellow CityCab taxis have fewer accidents than its blue Comfort Transportation taxis.

---

Related Stories

• ‘Buy’ Grab as 3QFY2024 earnings hitting all the right notes, analysts say
• Overall winner Civmec provides best returns, Sinarmas Land tops for PAT
• Grab shares jump after company raises forecast

---