Due to rising fuel oil prices, some taxi drivers return their hired taxies to owners, according to drivers.
Ko Myo Aung, a taxi driver from Yangon Taxi Drivers Union said: “A driver from our union with about 20 years of job experience has turned in his hired taxi to the owner this morning. He is unable to support his family as he has to pay money to the owner, and the fuel oil price is high. Taxi drivers find it difficult to charge higher taxi fares even though fuel oil prices are increasing. Salaries of office staff remain unchanged. Rising fuel oil prices are coupled with higher foodstuff prices. People don’t want to take cabs as they have to spend too much money on food. Now taxi drivers are facing difficulties due to rising fuel oil prices and a decline in the number of passengers.”
Taxi drivers usually earns over Ks-10,000 a day after deducting costs for fuel oil and rental fee. But now taxi drivers reportedly only generate around Ks 6,000 a day due to rising fuel oil prices, said Ko Gyit, a taxi driver.
Ko Sithu Aung, a taxi driver said: “I want to charge higher taxi fare due to increasing fuel oil prices. I am unable to do it because taxi cabs running on natural gas are able to charge lower fares. No one will board my taxi when I raise taxi fares. People don’t want to ride taxies as their economy isn’t good. Some taxi drivers have returned hired vehicles and turned to other jobs.”
Prices of fuel oil have increased by over 12 per cent during three months. Price for diesel is Ks-1,010 per liter, premium diesel, Ks-990 per liter, Octane (92 Ron), Ks-990 per liter, Octane (95 Ron), Ks-1,030 per liter, according to fuel filling stations.
There are nearly 40,000 taxies with the number plates of AA, BB etc, around 30,000 taxies which changed from black number plates (private vehicle plate) to red ones (taxies plate) and about 20,000 taxies with licenses from other regions and states.