The ongoing war in 2026 has had significant global ripple effects, with fuel prices in Singapore rising as supply chains tighten and market uncertainty grows. As fuel remains one of the biggest operating costs for taxi and private hire drivers, these increases placed added pressure on our driver‑partners’ livelihoods.
At STRIDES Premier, we recognise these challenges and remain committed to supporting our drivers through practical, timely measures. Here’s how we’re helping our driver‑partners offset rising fuel costs during this period.
1. Temporary Fare Adjustment to Support Drivers
To help drivers cope with higher fuel expenses, STRIDES Premier will implement a temporary fare adjustment.
From 30 March 2026, a $0.01 increase to the distance‑time rate will apply to all metered trips. Importantly, 100% of the amount collected from this adjustment will be passed directly to our taxi driver‑partners to help offset rising fuel costs. STRIDES Premier will not retain any portion of this increase.
These temporary measures will remain in place until 31 May 2026, as we continue to closely monitor fuel price movements and the broader situation. We remain committed to carefully balancing the needs of both our driver‑partners and commuters as circumstances evolve.
2. Fuel Credits for Drivers
To support our driver‑partners in managing rising fuel costs, STRIDES Premier is rolling out fuel credit initiatives for both existing and new drivers.
Existing driver-partners
In close consultation with the National Taxi Association (NTA), a one-time $50 fuel credit that can be used at STRIDES Premier’s in-house fuel station at Changi South. This credit will be provided to all Strides Premier’s taxi and PHV driver-partners. You can find our official press release here.
New driver-partners
For all new Taxi and PHV driver‑partners who sign up with STRIDES Premier before 1 May 2026, you can enjoy up to $500 in fuel credits to help reduce operating costs. To qualify, drivers must sign up by 30 April 2026 and collect their vehicle by 15 May 2026. You can sign up to join us a STRIDES Premier driver-partner here.
Together, these fuel credit initiatives are designed to help both existing and new drivers better navigate the impact of rising fuel prices while making their journey with STRIDES Premier smoother and more rewarding.
3. Consider going green!
As fuel prices remain volatile and energy costs may face further pressure in the near term, drivers may wish to explore electric vehicles as an alternate solution. With lower energy costs compared to petrol vehicles, the MG5 EV delivers a more cost efficient and environmentally friendly driving option. Read our comprehensive EV charger guide here if you are new to the EV space and are keen to find out more!
Standing Together Through Rising Fuel Costs
At STRIDES Premier, our driver‑partners are at the heart of everything we do. While global developments maybe beyond our control, we remain focused on helping our drivers manage rising fuel costs with confidence.
Through a combination of temporary fare adjustments, fuel credit initiatives for both existing and new drivers, and alternative vehicle options such as the MG5 EV, we are committed to easing cost pressures while continuing to deliver safe, reliable transport for commuters.
To learn more why we are top choice of taxi drivers in Singapore, you should totally give a read on our article about why we are a top choice of taxi drivers in Singapore here.
*STRIDES Premier reserves the sole discretion to make any price adjustment without prior notice. While we strive to keep our pricing and content as accurate and up-to-date as possible, adjustments may still occur.