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flag Singapore implements a three-year lock-in for ride-hailing cars to stabilize vehicle supply.

flag The Land Transport Authority in Singapore has imposed a three-year lock-in period for private-hire cars used in ride-hailing services, effective February 19. flag This rule aims to stabilize the supply of vehicles for ride-hailing services by preventing businesses from quickly converting cars out of the chauffeured private-hire car scheme. flag It does not affect privately-owned PHCs or those used for self-driving services.

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