Malaysia mulls taxi sector deregulation

KUALA LUMPUR — Malaysia is studying deregulation of the taxi industry in a bid to provide an equal platform for traditional operators and their technologically empowered ride-sharing rivals, local media reported on Friday.

The government authorized the Land Public Transport Commission, known by its Malay initials as SPAD, to draft a comprehensive plan for the sector, including the use of ride-sharing platforms by taxi drivers, according to Transport Ministry officials. Legislation legalizing ride-sharing platforms such as U.S.-based Uber and Malaysia’s Grab could be presented to parliament as early as November.

Read more… @ Nikkei Asian Review

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