The 2023 adjustment was spurred largely by a 62.3 per cent rise in energy prices in 2022, as well as growth in core inflation and wages, said the council.
The Ministry of Transport said operators will “have to manage their costs tightly, do more with less, and continue to pay fair wages to their workers”. Meanwhile, the Government will introduce a monthly hybrid – or bus and train – concession travel pass for low-wage workers costing $96 from Dec 23. This is $32 off the price of adult monthly travel passes, which will stay unchanged at $128.
To help Singaporeans cope with the fare increase, the Government will provide public transport vouchers worth $50 each to resident households with a monthly income of up to $1,600 per person.it made available 600,000 public transport vouchers worth $30 each.
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