12 Jul '11, 12pm

Public transport fares could be going up soon. IM$avvy Headlines: Transport operators seek fare increase #Singapore #news

COMMUTERS should brace themselves for a probable hike in bus and train fares. Public transport operators SBS Transit and SMRT Corp have both applied to the Public Transport Council (PTC) for a fare increase that will work out to a 2.8 per cent rise in total fares collected. If the government-appointed watchdog tasked with regulating public transport fares approves their request, it will be the single biggest fare increase to hit commuters in recent years. Observers say it is difficult to quantify how much more a typical bus or train ride will cost, as the 2.8 per cent refers to the quantum rise in total fares collected. A 0.7 per cent rise in 2008 raised ez-link fares by four cents on average and cash fares by 10 cents; the year before, a 1.8 per cent rise raised bus fares by one to two cents, and cash fares held steady. The transport operators arrived at the 2.8 per cent ...

Full article: http://www.cpf.gov.sg/imsavvy/infohub_article.asp?readid=...

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