Bus, train fares to rise by up to 13 cents for adults from Dec 26 due to higher energy prices
[SINGAPORE] Adult commuters will pay 12 or 13 cents more for bus and train rides from Dec 26, as public transport fares climb by 7 per cent on...
Adult commuters in Singapore will see a 13 cent increase in bus and train fares starting December 26, as a result of rising energy costs driven by the Middle East crisis. The fare hike is 7 percent overall, which is less than half of the maximum allowable increase of 14.7 percent. Seniors, students, and disabled commuters will pay 5 cents more per journey, while cash payments will cost them 20 cents more.
There will be no change in fares for low-income workers with concession fares under the Workfare Transport Concession scheme. The monthly travel pass price will remain unchanged at S$122 for adults and S$55 for seniors and people with disabilities. The fare hike includes a 5.3 percent quantum determined by the fare adjustment formula and an additional 1.7 percent quantum granted by the Public Transport Council (PTC).
The main factor contributing to the fare increase is a substantial rise in energy prices due to the Middle East conflict, which has caused global energy prices to surge. To help low-income families, Public Transport Vouchers will increase in value from $60 to $80, and eligibility criteria have been expanded to include an additional 60,000 households.
The 7 percent fare increase consists of the 5.3 percent quantum determined by the fare adjustment formula and 1.7 percent quantum granted by the PTC. Engineers and commuters have expressed concerns about the immediate impact of the fare hike amidst higher cost-of-living pressures.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
