SBS Transit and SMRT Trains apply for fare increase

SINGAPORE - Public transport operators have formally submitted applications for a fare increase which could see bus and train rides costing up to 7 per cent more by year-end.

The PTC said the LTA will"submit information on the bus industry financials... to help in the fare review process". Both operators were coy when asked specifically if they had applied for the maximum 7 per cent allowable in this year's revision formula. "In financial year 2019, SMRT Trains' maintenance-related expenditure accounted for 71 per cent of rail fare revenue, up from 62 per cent in 2018. Because of intensified and comprehensive maintenance efforts, total operating cost has exceeded fare revenue and is not sustainable."

Meanwhile the fantastic service they provide every morning

😫 When you put a wrong person in a position, in a wrong place and at the wrong time, you'll become pooer... you only allowed to eat bread and water!😇

Approved for bus services rejected for train services this is the people’s verdict cannot appeal in any court

🙄

And here we go

Shock.

Didn't the fare just increase a few months ago?

$ h i t .....

it's only an additional 10 cents per ride though

Pay less bonus to top mgt and there will be plenty of profit.

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