In a dialogue session with MacPherson residents last Sunday reported by CNA, Transport Minister Mr Raymond Lim was asked why bus fares have not come down in tandem with dropping oil prices.
His reply was:
“This is because the public transport fare is not directly linked to the oil prices. We link it to national factors, like the inflation level in Singapore, and the wage level in the whole of Singapore.”
Mr Lim’s explanation doesn’t make any sense at all given the fact that transport operators have cited rising oil prices as a key reason for raising their fares in the past:
“In a statement on Friday, SBS Transit said it is applying to raise bus and train fares because of fuel and energy costs have ‘increased significantly in the last year”.
- Straits Times,1 August 2008
Read full article here:
http://wayangparty.com/2008/12/24/r...ting-high-public-transport-costs-is-baffling/
His reply was:
“This is because the public transport fare is not directly linked to the oil prices. We link it to national factors, like the inflation level in Singapore, and the wage level in the whole of Singapore.”
Mr Lim’s explanation doesn’t make any sense at all given the fact that transport operators have cited rising oil prices as a key reason for raising their fares in the past:
“In a statement on Friday, SBS Transit said it is applying to raise bus and train fares because of fuel and energy costs have ‘increased significantly in the last year”.
- Straits Times,1 August 2008
Read full article here:
http://wayangparty.com/2008/12/24/r...ting-high-public-transport-costs-is-baffling/