Just a few weeks ago, the taxi companies in Singapore raised their fares. Depending on where and when you take it, you might be paying up to 49% more. Whatever 'justification' the taxi operators are giving, many people don't buy it. I think the passengers are retaliating by taking less trips.
This photo is taken a few days ago. Many people have realized that it is now much easier to hail cabs. Taxi are lining up and there does not seem to be people taking it. Previously, it was the opposite. Long queues of people waiting, but no cabs.

What's your wish for the new year? Cheaper public transport fares? ;-)