SBS Transit and SMRT apply for bus, train fare hikes

Both SBS Transit and SMRT have applied to the Public Transport Council to increase their bus and train fares. The proposals for the fare hikes, if accepted by the PTC, will be announced next month and will kick in by October. SBS Transit says that most adults travelling on its buses and trains would see a one-cent to two-cent increase in fares. Student fares and concession passes will be unaffected.

Fuel costs have been rising for the two big bus companies, by as much as over 40% just in the last year. SBS Transit says that diesel is its second biggest cost item after manpower. The government said small and regular increases were preferred to big jumps every few years. So, fare adjustments will probably be annual affairs now.

Post a Comment:

Comments are closed for this entry.

« AOL to chop quarter... | Main | SIA raises fuel... »

Most popular blog postings on lowem.log :

1. Singapore MRT rail network length to double by 2020
2. 2010 Nissan Leaf electric car specifications : 107hp, 24KWh lithium-ion batteries, 100-mile range
3. Live spot gold price quotes chart on COMEX
4. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option
5. AVG Anti-Virus Free Edition 2011 direct download link
6. Real-time live gold and silver price quotes chart on COMEX
7. Singapore electric vehicles : Government agencies EMA and LTA to study EV introduction
8. Book review : Shut Down by William Flynn

Featured articles on lowem.log :

1. Book review : Shut Down by William Flynn
2. Singapore electric cars testing starts with 9 electric vehicles
3. Honda, GS Yuasa JV to make lithium-ion batteries for 2010/2011 Honda Civic Hybrid
4. 2010 Honda Civic Hybrid preliminary specifications released
5. 2010 Honda CR-Z hybrid, 2010 Honda Fit/Jazz hybrid models confirmed
6. 2010 Toyota Prius specifications released : 50 mpg, 1.8L, 134hp, Ni-MH, solar roof option
7. NYMEX crude oil recovers from $32.40 low after 2.2 mbpd OPEC production cut announced
8. Singapore : Nuclear power not ruled out