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Q3 operating expenses rose 8.2 per cent to 3.6 million due mainly to increases in fuel and electricity costs, purchases of diesel for resale, provision of accident insurance claims, payment for credit and Nets card transactions, and diesel subsidies.

Similarly, a taxi rider in JB will be able to hop into any of 200 licensed Malaysian cabs for the journey back to Singapore.

New rules passed on Monday during the Singapore-Malaysia Leaders’ Retreat between the two countries’ prime ministers should make commuting in taxis to and from Malaysia easier.

Singapore taxi operator Comfor Del Gro said it had purchased Australian bus operator Kefford Group for A$149.2 million ($96.26 million).

The firm has a 16 percent share of the bus market in the state of Victoria.

Currently, taxis plying both sides of the border are allowed to pick up and drop off passengers at just two places: Ban San Street near Bugis, and Pasar Bakti terminal in Johor.