SINGAPORE (Feb 8): Peak traffic congestion, unreliable bus timings and packed trains, and picky taxi drivers are the common bane of city dwellers.

So, when ride-sharing companies Uber and Grab launched services in Singapore, with rides that cost less than what taxis charged, commuters believed they were an answer to their transport woes.

But after five years of price warfare and regulatory adjustments, gone were the days of affordable rides. Commuters are now back to square one, with tricky to get rides, and expensive peak hour fares, as well as the occasional bad accidents.

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