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Old 21-12-2013, 04:00 PM
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Thumbs up Fare hike proposals submitted: PTC. 60%, You Fxxkin Did It AGAIN!

An honorable member of the Coffee Shop Has Just Posted the Following:

http://sg.news.yahoo.com/fare-hike-p...105820955.html

Fare hike proposals submitted: PTC

By Yahoo! Singapore | Yahoo Newsroom – 1 hour 5 minutes ago



  • AFP News/Roslan Rahman - Commuters ride on the Singapore Mass Rapid transit (SMRT) train in Singapore on January 12, 2010



Singapore's two local operators of bus and train services have applied to raise fares next year.

The Public Transport Council (PTC) confirmed today that SBS Transit and SMRT have submitted applications to do so – the council will announce a decision in the first quarter of next year.

In a statement, SBS transit said, "SBS Transit continues to face significant cost pressures despite increased efforts to lower costs and increase productivity."

The fare revision exercise was announced last month and operators have until today to submit their applications for fare hikes.


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