SINGAPORE : Singapore's second-largest taxi operator SMRT will be raising its fares from next Friday, December 21.

The changes are in line with the adjustments made by market leader ComfortDelGro which will be increasing fares from December 17.

Flag-down rates for standard SMRT cabs will cost 30 cents more while meter rates will also go up.

Flag-down rates for Limousine cabs will go up by 40 cents to S$3.20.

City area, peak hour and late night surcharges have also been adjusted.

Peak hour booking fees will drop from S$4 to S$3.50.

SMRT says the changes are to help its drivers cope with higher operating costs.

SMRT has a fleet of 3,000 cabs, including Space MPVs, Prestige and London Cabs. - CNA/ch