Publıc Transport, Buses, Mrt

Publıc Transport, Buses

Bus, train fares to rise by 7% from Dec 28; hike capped at 4 cents per trip for 1 in 2 Singaporeans

Bus, train fares to rise by 7% from Dec 28; hike capped at 4 cents per trip for 1 in 2 Singaporeans

8.10.2019

Bus, train fares to rise by 7% from Dec 28; hike capped at 4 cents per trip for 1 in 2 Singaporeans

The hike is the maximum allowed in this year's formula, and the biggest percentage jump since 1998 - driven largely by a spike in fuel and energy costs.. Read more at straitstimes.com.

The majority who use adult ez-link cards - accounting for nearly two-thirds of all trips - will see each ride costing nine cents more. Those who buy monthly concession passes will fork out $1 to $5.50 more, while frequent users who buy adult monthly passes will incur $8 more per month.

He said this was 35.4 per cent more than in 2013, when the Fare Review Mechanism Committee undertook a comprehensive review of the concession schemes.

The remaining $73.5 million in fare increase will go to the Land Transport Authority, which administers bus contracts. These contracts are up for periodic competitive tenders, and the winning operator is paid a fixed amount for a parcel of routes. All fare revenue then goes to the LTA.

He noted that this was not unique to Singapore. Citing research by the International Association of Public Transport, he said there was a widening gap between revenue and cost for providing public transport services in other cities, mainly because of higher costs of labour and energy.

Read more: The Straits Times

🤡 LTAsg SMRT_Singapore Ridiculous, oil price going down Ridiculous greedy sinful How much money you want to collect? Not enough GREED? Fare increase but salary still the same? How much wider do you want the rich and the poor to be? markgoldbridge BBC CNN CNA

Bus, train fares to go up by 9 cents from Dec 28 for adult card users: Public Transport CouncilSINGAPORE: Bus and train fares will go up by 7 per cent from Dec 28, the Public Transport Council (PTC) announced on Tuesday (Oct 8), the maximum ... Confused by the upcoming fare changes for buses and trains? We have you covered so people with disabilities you nvr decrease their fare? wake up sg before this whole place burn down

Bus, train fares to go up by 9 cents from Dec 28 for adult card users: Public Transport CouncilSINGAPORE: Bus and train fares will go up by 7 per cent from Dec 28, the Public Transport Council (PTC) announced on Tuesday (Oct 8), the maximum ... Confused by the upcoming fare changes for buses and trains? We have you covered so people with disabilities you nvr decrease their fare? wake up sg before this whole place burn down

Samsung Electronics flags 56% fall in Q3 operating profitSEOUL: Samsung Electronics said on Tuesday (Oct 8) that it expected operating profits to drop more than 50 per cent in the third quarter amid a ...

Samsung Electronics says third quarter profit seen down 56%, beats expectationsSEOUL: South Korean tech giant Samsung Electronics on Tuesday (Oct 8) reported its third-quarter operating profit likely tumbled 56 per cent, hurt ...

Driven to help: Singaporean who left ‘privileged’ life to help refugees in GreeceSINGAPORE — From initially spending three days giving out supplies to refugees in Hungary, Singaporean Gabrielle Tay found herself starting an NGO for refugee women in Greece.

How to live like a Parisian but eat like a Singaporean in the French capitalIn partnering homegrown restaurant group Imperial Treasure for its newest luxury serviced apartment in Paris, Ascott CEO Kevin Goh says he hopes to offer a homely touch – in more ways than one.

Write Comment

Thank you for your comment.
Please try again later.

Latest News

News

08 October 2019, Tuesday News

Previous news

China signals it will hit back over US tech blacklist, says will protect its sovereign security

Next news

StanChart in Singapore offering 'sustainable deposit' with 1.9% interest rate to retail customers
Previous news Next news