Will public transport fees go up again?
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by John Po and Sadat Osman
inSing.com - 4 June 2012 7:24 PM | Updated 8:07 PMSingaporeans may have to pay more for public transport in 2013.
A lot will depend on a 13-member committee that will review the fare adjustment formula and framework.
The Fare Review Mechanism Committee (FRMC) will be headed by Richard Magnus, a former Senior District Judge for the Subordinate Courts who stepped down in 2008. He also serves as the chairman on the Casino Regulatory Authority and is part of the Public Transport Committee (PTC) as well.
In March, Transport Minister Lui Tuck Yew said that there would not be a fare adjustment this year because a review of the formula and framework would have to be done first.
This means, the revisions in 2013 may mean higher fees (for commutors) because fare adjustments are being skipped this year.
“Together with my committee, our job as the FRMC is to review the effectiveness of the current fare adjustment formula and to propose improvements. We will be working towards a revised fare review framework that will balance keeping public transport fares affordable, especially for those from low-income households, while ensuring that our Public Transport Operators (PTOs) remain viable as commercial entities,” Mr Magnus said in the committee’s blog.
Transport economist Michael Li from the Nanyang Business School said he believes “fees will go up because the operators are struggling.”
“To ease off the cost pressure, I suggest that the government should create a dedicated fund that is used to neutralize the external cost pressures and issues that are beyond the operators’ control. This kind of subsidy should be acceptable to the general public because its intention is to maintain fare stability, which is definitely less radical than the full nationalisation,” he told inSing News.
He is also hoping the new revised formula will reflect the service quality of each operator.
The committee’s website says it is seeking public feedback before coming up with its recommendations.
Mr Magnus said: “On behalf of the Committee, I would like to invite you to contribute to our review process by sending us your suggestions on what would be key considerations as well as any specific suggestions on how the fare formula and its implementation can be improved.”
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whats new?
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Originally posted by FireIce:
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Thumbs up.
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Sure the increase in 2013 will be much more than other years coz this year the PaPigs are deprived of increase in their transport revenue wat!!!
Lui Tuck Yew is not a great person who seriously care la!
Huat ah forever the Papigs~! To those who gave them your mandate good for you, you support forever increasing living costs, so you people should smile and celebrate.
hahahahahahah! -
no money for repair fee?
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Originally posted by lce:
no money for repair fee?
kay kay la. The increase in transport will be sufficient for the repair, commuters pay for it.
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Next one up is GST!!!
To help the poor take transport. Once GST goes up, free transport!
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Originally posted by Nelstar:
Next one up is GST!!!
To help the poor take transport. Once GST goes up, free transport!
Sure, GST increase is to help the poor, I mean help the "poor" - those wearing white uniform on NDP.
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Originally posted by winsomeea:
Sure, GST increase is to help the poor, I mean help the "poor" - those wearing white uniform on NDP.
People Are Poor lah.
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Every time they set up a wayang committee, it is obvious that they are tasked to provide some figures and statistics to justify the price increase.
At the end of the day, they dun even take the public transport in the first place.
Peasant Are Paying; Puppets Are Partying !!!
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Will public transport fees go up again?
Of course! You just born is it?
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I thought oil at it's lowest level.
How come transport cost still go up?
Who needs sex?
We are being fucked by the government everyday.
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You damn crude.
No pun intended.
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That what he kena, and he assume everyone the same.
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Originally posted by mancha:
That what he kena, and he assume everyone the same.
Huh?
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Originally posted by Clivebenss:
People Are Poor lah.
Huh ?
Pigs And Pigs need money again ?
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Originally posted by Just_do_it_lah:
Huh ?
Pigs And Pigs need money again ?
not exactly; always hunger for more.
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Hike hike.
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Nabeh i see the name of the committees that this guy was in.
all zuo bo lan take tax payers money only
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Originally posted by charlize:
Hike hike.
take a hike.
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Originally posted by Clivebenss:
People Are Poor lah.
Pigs Are "Poor" ?
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Haizzzz! What to do, those giving them the mandate simply love the way they are that is why we are stuck with greedy pigs.
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i think we need to arrange a meeting to dicsuss on this topic
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alamak , dun noe how to do maintenance then wan to charge all the repair fees to the comsumers
WTF