Transport Fares

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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