05 Aug '11, 9pm

Transport fares to go up 1%

SINGAPORE - In a nod to Singaporeans' anxiety over rising costs of living, the Public Transport Council (PTC) said yesterday it would be "hard-pressed" to grant SBS Transit and SMRT the maximum 2.8 per cent fare hike sought by the two public transport operators. Instead, the PTC granted a "significantly less" overall net fare adjustment of 1 per cent, or about an additional S$15 million for the two operators combined. The Government and the two public transport operators also announced yesterday that they would help low-income families cope with the fare increases by providing S$4 million worth of transport vouchers. From Oct 8, adult card fares will increase by 2 cents per journey on buses and trains. There will be no change to child/ student concessionary card fares. Adults who pay cash on public transport will pay 10 cents more per trip. Only 2 per cent of total daily b...

Full article: http://www.todayonline.com/Singapore/EDC110806-0000176/Tr...

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Thank you

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