Car sharing platform iCarsclub has suspended its services and will restart them after it inks a new insurance deal.
The Government is studying ways to loosen the private car rental market, yet the key issue here seems to be motor insurance - The Straits Times reports.
High car prices, coupled with the new loan regulations, have prompted many to turn to private car sharing schemes for their commuting needs.
Online based car sharing allows you to share a car at an hourly basis within your vicinity to registered users - all from the convenience of your smartphone.