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SBS, SMRT apply for fare hikes - citing rising costs, lower profits

Lui Tuck Yew has said fares would not be raised by more than 2.8%

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ON THE WAY: The Public Transport Council started its annual fare review last month, and results are expected to be announced in the first quarter of next year.

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ON THE WAY: The Public Transport Council started its annual fare review last month, and results are expected to be announced in the first quarter of next year.

Singapore

BOTH SBS Transit and SMRT have submitted their application to the Public Transport Council (PTC) for fare adjustments, in the face of higher costs. In a press statement on Friday - the deadline for operators to submit their applications for fare reviews - SBS Transit said that

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