Fares cut 1.9%, Increase 2.8% in April
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FARES CUT 1.9% DUE TO LOWER OIL PRICES, BUT INCREASED 2.8% IN APRIL ALSO DUE TO LOWER OIL PRICES?
- See more at: http://www.allsingaporestuff.com/article/fares-cut-19-due-lower-oil-prices-increased-28-april-also-due-lower-oil-prices#sthash.nk8Qq9mM.dpu
FARES CUT 1.9% DUE TO LOWER OIL PRICES, BUT INCREASED 2.8% IN APRIL ALSO DUE TO L - See more at: http://www.allsingaporestuff.com/article/fares-cut-19-due-lower-oil-prices-increased-28-april-also-due-lower-oil-prices#sthash.nk8Qq9mM.dpufLOWER OIL PRICES?
Submitted by farhan on Mon, 03/08/2015 - 10:15pm
Transport fares cut by 1.9%
According to the Straits Times news report “Bus, train fares to be cut by up to 1.9 per cent from December: Lui Tuck Yew” (Aug 3) – “Transport fares will be reduced by up to 1.9 per cent from December, said Transport Minister Lui Tuck Yew on Monday (Aug 3).
He added that he would leave it to the Public Transport Council to work out the specific reductions, but expects “every commuter group” to pay lower fares.”
Reduction due to ”reduced fuel costs”, but April increase also ”reduced fuel costs”?
As to “Mr Lui, who spoke to the media at One-North MRT station, said fares were being lowered following reduced fuel costs” – don’t you find the reason of “reduced fuel costs” rather strange – when public transport fares were increased by 2.8 per cent from April 5 this year, when oil prices had dropped by almost 60 per cent?
Increase 2.8 decrease 1.9 = 0.9% increase?
So, does the 1.9 per cent reduction in December mean that the net increase for this year is in effect, still about 0.9 per cent (2.8 per cent increase in April minus the 1.9 per cent reduction in December)?
16 fare increases last 25 years?
According to the Public Transport Council’s (PTC) web site – there were 16 fare increases in the last 25 years.
Is there any country that increased public transport fares so frequently?
Unfair comparison of fares
When the April fare increase this year was announced – the fares comparison table with other cities was inappropriate because most residents in these cities (which also happen to be high-income cities, except Taipei) use monthly or annual travel passes, instead of the “per trip” comparison.
Thus, on the basis of the cost of travel passes relative to wages – we have one of the most expensive transport fares in the world.
What is even more strange is that the comparison table shows only trips above 10 km.
Also, why were we still using the existing fares (before the April increase) in the comparison? Shouldn’t we be comparing the increased fares announced instead?
Highest fare increase % is?
Also, I think there may be something wrong with the headlines that the fare increase was only 2.8 per cent, because this appears to be the overall fare increase for all commuters.
If you take the increase of five cents over the fare of $1.33 to $1.58 in the table – it was an increase of 3.2 and 3.8 per cent.
Why not also just tell us what was the highest percentage increase for commuters?
Win battles lose war
A.S.S. Contributor
- See more at: http://www.allsingaporestuff.com/article/fares-cut-19-due-lower-oil-prices-increased-28-april-also-due-lower-oil-prices#sthash.c6EPAqtb.dpuf
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selective understanding
Last year, the PTC recommended fares to be raised by 6.6 per cent. But as this was deemed too much to be implemented in one go, only 3.2 per cent of the increase was implemented.
The outstanding 3.4 per cent increase was rolled over to this year. However, this was adjusted down to 2.8 per cent, due in large to falling energy prices.
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Ya lor, pap always is right, sinkies always wrong.
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Elections coming, the need to "sweeten" the ground.
Just another day in Singapore politics...
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will this make us forget all the disruptions?
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increase by few times, increase few cents each; drop once and just that 1 or 2 cents.
#VTO2015
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Originally posted by SMB145B:
increase by few times, increase few cents each; drop once and just that 1 or 2 cents.
#VTO2015
If you are travelling by public transport, do look out for fares for trips. Seems tbeir whimps and fancies nowadays to not give notice for fare increase evefy time they adjust fares.
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they sure damn give notice before every increase
they damn make sure the whole SG knows it
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Hanor hanor