The fare adjustment is 'necessary' due to the continued rising cost pressures experienced by school bus operators, says the Education Ministry.
SINGAPORE: From January 2024, school bus operators will be allowed to increase the pricing cap of bus fares under existing contracts by up to 13 per cent, said the Ministry of Education on Thursday .for school bus fares last rose by 7 per cent"With the continued rising cost pressures experienced by school bus operators, further adjustment to the school bus fares in 2024 would be necessary," said MOE.
MOE added that the pricing cap increase of up to 13 per cent will give current school bus operators the"flexibility" to raise their fares up to the revised cap if needed to"support their provision of school bus services to students who need them". "This will significantly minimise the risk of disruptions and inconvenience to families should these incumbent operators be unable to sustain their operations," it said.
Parents and guardians will be informed of any fare revisions by the school bus operators from September this year. Primary school students under the Financial Assistance Scheme will receive school bus subsidies that will cover 65 per cent of their monthly school bus fares. The subsidy level was raised from 60 per cent in January this year.The ministry added it will continue to monitor the situation, and work closely with schools and bus operators to ensure a sustainable school bus service model.
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.
Singaporean TVB actress Eileen Yeow's son just started Sec 1 at the Singapore International School in HKSchool fees for the secondary school program costs HK$193K (S$33K) annually.
Read more »
Deadly Russian strike on Ukraine school, Moscow hit by more dronesKYIV: A Russian strike on a school in northeast Ukraine killed four people on Wednesday (Aug 23), razing the building to the ground in the Sumy region that borders Russia in an attack that came as the war in Ukraine enters its 19th month. Three civilians were also killed in Russia's Belgorod region wh
Read more »
Absent Trump steals show at raucous Republican debateEight presidential candidates faced off for their first primary debate of the 2024 election cycle. Read more at straitstimes.com.
Read more »
‘Heart-stopping’ win as ACS (I) beat St Andrew’s 36-34 in C Division rugby finalWhen the ball left Wesley Choo’s boot near the end of the National School Games C Division rugby boys’ final on Tuesday, the 1,000-strong crowd held their collective breath. With St Andrew’s Secondary School having scored a crucial try against Anglo-Chinese School...
Read more »
Soya sauce chicken rice eatery Lee Fun Nam Kee in Toa Payoh to close on Sept 13It was first established in 1967 as a hawker stall, also in Toa Payoh. Read more at straitstimes.com.
Read more »
Soya sauce chicken rice eatery Lee Fun Nam Kee in Toa Payoh to close on Sept 13Famed soya sauce chicken institution Lee Fun Nam Kee in Toa Payoh will be shutting on Sept 13. First established in 1967 as a hawker stall, also in Toa Payoh, it moved to its current premises in 1968. Over the decades, its popular soya sauce chicken...
Read more »