SINGAPORE — Continuing to keep public transport fares at the same level will mean that taxpayers will have to keep paying more and more to help subsidise these fares, Acting Transport Minister Chee Hong Tat said on Tuesday (Oct 3).
In Parliament on Tuesday , questions were filed by Members of Parliament about potentially freezing or expunging the hike
Without fare increments, public transport operators would have to absorb rising operational costs, or else taxpayers would have to bear a larger cost burden to provide higher government subsidies on a permanent basis. “However, we also need to look at other components that affect the costs of the operators,” said Mr Chee, adding that these include wages and energy costs, which are significant contributors to the costs of public transport operations.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chee Hong Tat on keeping public transport fares affordableFares for public transport are based on factors such as core inflation, national wage growth and energy prices. In setting fares, the Public Transport Council (PTC) looks at changes in these cost drivers. It does not focus on the actual salaries paid by public transport operators but looks at the National Wage Index wh
Read more »
Seoul’s subsidy programme for egg-freezing gets ‘overwhelming’ response from unmarried womenKorean women aged between 20 and 49 are eligible to apply for the subsidies. Read more at straitstimes.com.
Read more »
Commentary: Hong Kong’s shoebox housing is a disgrace that must endTo restore confidence and enhance Hong Kong’s global appeal, Chief Executive John Lee must fix the city’s housing problem, says Wang Xiangwei for South China Morning Post.
Read more »
Hong Kong actor Adam Cheng’s eldest daughter said to have died of suicide at 55Cheng has four daughters from a previous relationship and two marriages. Read more at straitstimes.com.
Read more »
Hong Kong actor Adam Cheng’s eldest daughter said to have died of suicide at 55HONG KONG – Hong Kong singer-actor Adam Cheng’s eldest daughter Angelina Cheng has died at the age of 55 in the United States. Entertainment gossip channel Smart Travel broke the news on Sunday, reporting that the cause of her death was believed to be...
Read more »
China's Evergrande applies to resume Hong Kong trading TuesdayHONG KONG: Heavily indebted Chinese property giant Evergrande said Monday (Oct 2) it had applied to the Hong Kong Stock Exchange to resume trading its shares in the city the following morning. Evergrande has become a symbol of China's ballooning property-sector crisis that has seen several high-profile fir
Read more »