SINGAPORE (Oct 9): Public transport operators could see an annual revenue increase of $132.5 million, after the Public Transport Council (PTC) on Tuesday granted the full 7% increase in in fares.
The PTC says the fare hike is driven by a spike in fuel and energy costs.
From Dec 28, commuters using adult EZ-Link and other cards can expect to pay up to 9 cents more per journey. Senior citizens, low-income workers, persons with disabilities and students will see the smallest increase of 4 cents per trip.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
