The Business Times

Decision on public transport fare adjustments on Thurs

Published Mon, Jan 13, 2014 · 10:00 PM
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[SINGAPORE] The Public Transport Council (PTC) will release its decision on fare adjustments for public transport this Thursday, said Minister for Transport Lui Tuck Yew in a Facebook post yesterday.

"I told (PTC chairman Gerard Ee) that the government was ready with our package for the low-income workers and persons with disabilities and that we would like to announce this together on Thursday. These two concession schemes will be fully funded by the government," wrote Mr Lui, stressing that the schemes would make transport fares much more affordable for both groups.

In December, transport operators SBS Transit (SBST) and SMRT applied to the PTC to raise bus and rail fares this year, with SBST - Singapore's biggest bus operator - citing cost pressures.

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