Will we see a fare increase? Will ComfortDelgro & SMRT move up because of this? Akan Datang
A Straits Times Article (14 Jan 2013)
Going up? In December, transport operators SBS Transit and SMRT applied to the Public Transport Council to raise bus and rail fares this year. - FILE PHOTO
[SINGAPORE] The Public Transport Council (PTC) will release its decision on fare adjustments for public transport this Thursday, said Minister for Transport Lui Tuck Yew in a Facebook post yesterday.
"I told (PTC chairman Gerard Ee) that the government was ready with our package for the low-income workers and persons with disabilities and that we would like to announce this together on Thursday. These two concession schemes will be fully funded by the government," wrote Mr Lui, stressing that the schemes would make transport fares much more affordable for both groups.
In December, transport operators SBS Transit (SBST) and SMRT applied to the PTC to raise bus and rail fares this year, with SBST - Singapore's biggest bus operator - citing cost pressures.
In his Facebook post, Mr Lui also said that the discount under the scheme for low-income workers would lower their fares to around the same levels as 10-15 years ago, depending on the journey. Meanwhile, the discount for those with disabilities will be "even more significant".
Mr Lui also highlighted that public transport vouchers would be made available throughout the year to help other groups who may also require assistance.
In November last year, the PTC said that it would continue to work towards striking a balance between keeping fares affordable and ensuring that the public transport system remains financially sustainable.
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