School bus fares set to rise again in 2024; MOE allows increase to cover higher costs

  • 📰 straits_times
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 69%

Singapore Headlines News

Singapore Latest News,Singapore Headlines

MOE is allowing operators to increase the pricing cap of school bus fares under existing contracts by up to 13 per cent. Read more at straitstimes.com.

SINGAPORE - The cost of school bus services is expected to rise in 2024, after the Ministry of Education announced on Thursday that it is allowing operators to increase the pricing cap of school bus fares under existing contracts by up to 13 per cent.

“This will significantly minimise the risk of disruptions and inconvenience to families should these incumbent operators be unable to sustain their operations,” it said.Primary school pupils under MOE’s Financial Assistance Scheme will continue to receive school bus subsidies that cover 65 per cent of their monthly school bus fares. The subsidy level was raised from 60 per cent in January.The Straits Times reported in May.school bus operators to hire more foreign workers.

Bedok Transport owner Lionel Lim said: “This increase is just a drop in the ocean of rising fuel and labour costs. It only helps us to keep up with the costs to stay above water. It doesn’t help to increase salaries so that we can attract more people to the industry.”

Source: Education Headlines (educationheadlines.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in SG

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

School bus fares set to rise again in 2024; increase needed to cover rising costs: MOEThe cost of school bus services is expected to rise in 2024, after the Ministry of Education (MOE) announced on Thursday that it is allowing operators to increase the pricing cap of school bus fares under existing contracts by up to 13 per cent. This adjustment will help...
Source: thenewpaper - 🏆 7. / 63 Read more »

School bus fares set to rise by up to 13% in 2024: MOEThe fare adjustment is 'necessary' due to the continued rising cost pressures experienced by school bus operators, says the Education Ministry.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

School bus fares to rise by up to 13% in 2024 following January's hike of up to 7%SINGAPORE — School bus services are expected to rise in 2024, after the Ministry of Education (MOE) announced on Thursday (Aug 24) that it is allowing operators to increase the pricing cap of school bus fares under existing contracts by up to 13 per cent. This adjustment will help the sustainability of school bus services amid rising operating costs, the...
Source: asiaonecom - 🏆 10. / 59 Read more »

Brics to admit six new countries to bloc in 2024 in bid to expand influenceArgentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates were unanimously allowed to join the group. Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »

Singaporean TVB actress Eileen Yeow's son just started Sec 1 at the Singapore International School in HKSchool fees for the secondary school program costs HK$193K (S$33K) annually.
Source: TODAYonline - 🏆 1. / 99 Read more »

Absent Trump steals show at raucous Republican debateEight presidential candidates faced off for their first primary debate of the 2024 election cycle. Read more at straitstimes.com.
Source: straits_times - 🏆 5. / 69 Read more »