taxis - high operating cost and poor service

Night life in Hong Kong is so very alive. One reason may be that there is no midnight surcharge. Hong Kongers, tourists and business visitors know that they can have a taxi ride home at an affordable rate, however late in the evening or early morning. I also question the $100 daily taxi rental fee imposed, seeing that car rentals to the public range from $40 to $50 a day. And with second-hand car dealers coming into the business, there is talk of even $30 a day. Perhaps the over-size call-booking machinery can be made smaller to cut this $100 rental fee. I suggest that taxi drivers be given the leeway to be their own bosses in their trade with a condition that their vehicles are taken for roadworthiness tests at regular intervals. Perhaps service will improve with this flexibility. Yik Ching Fong (Ms) The above extract is from Straits Times Interactive. It is very obvious why the cost of taxis is so expensive while the taxi drivers are not getting the income they deserved, thus affecting the quality of service. All the booking fees and surcharges should be removed. Better still, taxi drivers should be allowed to rent their taxis from whoever and not be held ransom by taxi companies. When one can get a car for $30-$50 a day, why should taxi drivers be compelled to rent from taxi companies at $100 a day? Allow more competition in the industry, allow private operators to enter the business and provide cheaper taxis and remove all the ridiculous cost. Taxi drivers will benefit from lower cost, more passengers and higher net take home income. Taxi companies that are uncompetitive shall be allowed to wind up. All these monopolies are bad.