ComfortDelGro's new ComfortRide service will allow commuters to book cabs as well as an undisclosed number of private-hire cars.
ComfortDelGro will launch a Fare Share Scheme, and will slash taxi rental in return for 15% of cabbies' fare takings.
The number of reported taxi fare evasion cases fell by 40% last year, amid an environment of stiffer penalties for offenders and fewer cabs on the road.
ComfortDelGro, Singapore's largest taxi operator, will be launching a dynamic pricing system for its taxis from 19th January.
Singapore's first electric car-sharing scheme by BlueSG, which starts next Tuesday, will have hiring fees comparable to taxi fares.
The number of reported taxi fare evasion cases went up by about 24 percent last year, despite the implementation of stiffer penalties.
People with disabilities will be getting increased taxi subsidies, as well as better availability of accessible parking lots.
The London Taxi Company's iconic diesel black cab - the TX4 - has spent 10 years as the world's number one taxi of choice in over 40 countries around the globe.
ComfortDelGro's flat fare option, which was launched yesterday, has already received 2,000 bookings; and the firm expects the volume to grow further.
The fares, which will range from a few dollars to $100, are quoted upfront and could be lower or higher than standard metered rates; depending on demand.
Singapore's largest taxi operator, ComfortDelGro, has said that it will not implement surge pricing for its taxis for the moment.
Grab will be rolling out a new taxi service - JustGrab - which will provide fixed upfront fares when booking a taxi but will also be subject to surge pricing.
During major rail breakdowns, commuters have complained of Uber fares exceeding $140 - four to five times that of a usual taxi fare.
Premier, the fourth biggest cab operator here, has increased the base fare for three of its taxi models by 40 cents to $3.60.
The Land Transport Authority has announced that it will standardise the fare structure for taxis, but with the exception of flagdown rates.
Cab companies may soon be required to standardise the fare structure for their own fleet of taxis to avoid confusing passengers.
The National Taxi Association has proposed inward-facing video cameras to protect taxi drivers from fare evaders and unruly passengers.
According to industry players, changes to taxi fares are expected very soon with a simpler fare structure in the works.
Transport operator, SMRT, will be revising Chevrolet Epica flagdown rates and increasing distance fares for several other cab types starting from Monday.
The varying taxi rates in Singapore can mean a considerable gap in what commuters pay for a ride of the same distance.