School bus fares to rise by up to 13% in 2024 following January's hike of up to 7%

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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...

SINGAPORE — School bus services are 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.

MOE noted that the pricing cap was last adjusted in January 2023 by up to seven per cent on existing contracts, but the latest hike was necessary due to rising cost pressures on the operators.

Source: Education Headlines (educationheadlines.net)

 

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