Tag Archives: Public Transport Council

FARES CUT 1.9% DUE TO LOWER OIL PRICES, BUT INCREASED 2.8% IN APRIL ALSO DUE TO LOWER OIL PRICES?

According to the Straits Times news report “Bus, train fares to be cut by up to 1.9 per cent from December: Lui Tuck Yew” (Aug 3) – “Transport fares will be reduced by up to 1.9 per cent from December, said Transport Minister Lui Tuck Yew on Monday (Aug 3). He added that he would leave it to the Public Transport Council to work out the specific reductions, but expects “every commuter group” to pay lower fares.”

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LUI TUCK YEW: PUBLIC TRANSPORT FARES ARE MORE AFFORDABLE NOW

Public transport fares, particularly for those with lower income, have become more affordable over the years, said Transport Minister Lui Tuck Yew. Data collected by the Public Transport Council (PTC) show that among households in the 21st to 40th income bracket percentile, the proportion they spend on public transport has fallen from 3.2 to 2.2 per cent between 2003 and 2013, he said.

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[FARE HIKE] DO PTC COUNCIL MEMBERS EVEN TAKE PUBLIC TRANSPORT?

DO THESE PEOPLE EVEN TAKE PUBLIC TRANSPORT? These council members are the ELITES in the top 5% bracket. Do you think they take public transport to work and back home? Or do you think they drive their new spanking cars everywhere they go? Chances are, they drive and have not taken the public transport for years, many years ever since they became successful.

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WHY MUST THE PUBLIC TRANSPORT COUNCIL INSIST ON CONDUCTING FARE REVIEW EXERCISE EVERY YEAR?

The Public Transport Council has embarked on its annual fare review exercise, and public transport operators can submit their applications for a fare review (” ‘Keep public transport affordable’ “; Thursday). I would be surprised if they do not apply for an upward revision. What I find baffling is the need for this annual exercise. Surely, our public transport operators are not bleeding so much red ink as to require such regular adjustments.

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‘Financially ailing’ bus sector to benefit more from fare hikes

More revenue from the transport fare hike will be channelled towards public bus operations than those of MRT trains — a move in line with the Fare Review Mechanism Committee’s recommendation to allow more fare revenue to benefit the “financially ailing” bus sector, said the Public Transport Council (PTC) yesterday. Bus operations will receive a S$48 million boost from the hike, while S$5.5 million will be allocated to MRT operations, under a new weightage in revenue allocation applied by the PTC.

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