Regular fare increases needed for new bus

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Regular fare increases needed for new bus

Postby raysusan » Thu Jul 10, 2014 12:17 pm

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Regular fare increases will be needed to ensure the new bus contracting model that the Government is adopting remains financially sustainable, said Transport Minister Lui Tuck Yew.

Answering questions on the new model in Parliament on Monday, Mr Lui said that under the current model, operating costs had well exceeded fare increases from the middle of the last decade.

From 2005 to 2012, the annual fare increase was 0.3 per cent on average, while wage increases and fuel costs were much higher, he said.

"There will be a need for us to make sure we have regular fare increases of the right quantum," he said. This will be determined by the new fare formula and the Public Transport Council, he said.

- See more at: http://www.straitstimes.com/news/singap ... tRD80.dpuf

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Re: Regular fare increases needed for new bus

Postby starlight1968sg » Thu Jul 10, 2014 12:18 pm

Feedback again ???

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Re: Regular fare increases needed for new bus

Postby raysusan » Fri Jul 11, 2014 8:45 pm

SBS Transit will be raising fares for its non-basic bus services starting from Aug 3.
https://sg.news.yahoo.com/sbs-to-raise- ... 34463.html

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Re: Regular fare increases needed for new bus

Postby Jennifer » Thu Jul 17, 2014 9:50 am

starlight1968sg wrote:Feedback again ???


If the issue affects you or you feel strongly about it, then provide feedback.

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