8th December 2012
You decide whether to believe and trust what Transport Minister Lui Tuck Yew said. Why?
“If the government did not inject more funds, the operators will have to increase bus fares by as much as fifteen cents to cover the operating costs.”
Mr Lui explained that the $1.1 billion dollars will be used to subsidize the commuters’ bus fares and not to ‘compensate’ the bus operators, adding that they will be forced to fold up and stop operations if the government did not do so. ~ April 16th 2012
Speaking at the launch of a new bus service today, Mr Lui noted that while fares have increased by 0.3 per cent, costs in fuel and wages for instance have gone up by 30 per cent, and that the fare review committee recognised this "significant mismatch".
Mr Lui said "Any fare adjustment will allow the two operators to have more resources, in time to come, to make further salary adjustments to their drivers. We recognise that the drivers need to be paid more." ~ December 6th 2012