The Public Transport Council raised fares by 7 per cent, compared to the maximum allowable adjustment of 22.6 per cent.
,” said the associate professor from the Singapore University of Social Sciences .PTC chair Janet Ang said the council wanted to keep fares affordable, while keeping the public transport system “financially sustainable”.
Associate Professor Raymond Ong from the National University of Singapore said that the deficit needs to be borne by someone, and it should not fall on consumers. The commuters will bear about a third of the increased costs, while the government covers the rest of it, he said.Analysts also pointed out that the prices of monthly travel and concession passes either held steady or decreased.
Assoc Prof Theseira said the PTC could continue to use wage increases when deciding how much to increase public transport fares.Assistant Prof Fan of SMU and Assoc Prof Ong of NUS are of the view that the PTC aims to distribute the price increases more evenly.
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