Singapore News

News from Singapore

Bus fares going up to $10

Posted by jtsmyth8 on December 11, 2007

School bus fares will go up by at least $5 to $10 in January, sparked by the increase in diesel prices in recent months. The Singapore School Transport Association chairman Wong Ann Lin said the last time fares were raised was in January last year.

The association is an industry body that represents 90 per cent of school bus operators here. It has about 1,000 members and a fleet of 2,000 buses.

Mr Wong said a survey commissioned by the association two years ago showed that the average annual gross income of the operators was $20,802 in 2005 – less than their average expenditure of $30,590.

He said the expected fare hike will still not be able to cover the rising costs faced by the operators. (story)

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