Latest figures from Singapore's Land Transport Authority showed that taxis are picking up fewer passengers while Mass Rapid Transit trains (MRT) or subways are carrying more, local media reported on Wednesday.
According to Channel newsasia's report, passenger numbers for taxis started falling from September 2008, when the global economic crisis started to spread. The biggest fall was in Octoberwith a drop by over 50,000 passengers.
November statistics showed that business picked up slightly with 898,975 passengers, but the number was dwarfed in comparison to that of 2007, when taxi ridership hit 941,709.
Drivers said that the business was about 20 percent less in the last four months, and they hope taxi companies can consider lowering taxi rentals and bring down operation costs to help them tide over the difficult period, the report said.
Meanwhile, MRT train rides got more popular since September with passenger numbers surging by about 10 percent in 2008 compared to a year ago.
Singapore currently owns three main MRT lines, with stations covering all over the island.