Transport & Motoring

6 Ways To Cushion The Impact Of a Fare Hike

Public Transport Fare Hike

With effect from 5 April 2015, public transport fare in Singapore will increase by 2.8 per cent. This is due to a roll over balance of 3.4 per cent in the 2014’s fare hike and after discounting the effect of lower oil prices, there would still be a net increase of 2 to 5 cents for most commuters. About 1.1 million commuters will not be affected as the PTC has decided to keep the fare of senior citizens, lower-wage workers and

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Transport & Motoring

2.8 per cent hike in public transportation cost, a fare deal?

Earlier this month, Singaporeans were taken aback when we were told by the Public Transport Council (PTC) that there will be a fare hike of 2.8 per cent in April 2015. It was no surprise that it was met with public outcry when the fare adjustment did not tally with the price of crude oil which has plummeted from $110 a barrel to $45 a barrel. Gas price has in fact fallen for a record of 17 consecutive weeks as

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