White Horse to Spend $16 Million, Focus on Regular Taxis

Bareksa.com - Publicly-listed transportation firm PT Panorama Transportasi (WEHA), better known as White Horse, has set aside Rp 194 billion (US$16.1 million) this year to expand its fleet, particularly regular taxis.

As quoted from The Jakarta Post, White Horse financial director Angreta Chandra said after a shareholders meeting on Friday that around 70 percent of the Rp 194 billion would be used to purchase 700 new regular taxis, while the remaining 30 percent would be used on other vehicles.

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