Wake Up Singapore, just because the Straits Times put up a chart showing we have one of the lowest transport fares in Asia, it means the Govt is making excuses to increase our transport fares?
Stupidity knows no bounds isn’t it. Don’t these admins behind Wake Up Singapore knows our transport fares will see a 4.2% reduction from 30 Dec onwards? What increase?
Public transport fares will be reduced by 4.2 per cent from Dec 30, the Public Transport Council (PTC) announced on Thursday (27 Oct). This means commuters will see a fare reduction of up to 27 cents per trip.
A further 1.5 per cent reduction will be carried forward to the next fare review exercise.
A total reduction of 5.7 per cent is the maximum quantum allowed in the fare adjustment formula, which takes into account wages, core inflation and energy costs. Last year, transport fares were cut by up to 1.9 per cent.
About 2.2 million commuters are expected to benefit from the fare revision.