Fare increases in Singapore lower compared to other cities: Lui

[BuiKia]

For a transport system where the infrastructure and fixed assets paid by the public and the company is only paying the upkeeping and keep all the earnings, I think we are doing a very lousy job.

As someone is another forum said:

Minister can and should be making a comparison with other countries based on fare increase, great but you please also share with Singaporeans on the following

1) How many of the countries you indicated have their governments paying for the fixed assets of their subways (eg the tunnels and tracks) and the operators only pay for the upkeep.

2) How do the countries you pulled out fare in comparison against our MRT breakdowns in 2012??

3) How many of the countries which you referred to have formulas to set fares which ensures that the subway operators must make a decent level of profit each year??

4) How many of them can pass the penalties or fines due to their mistakes back to the consumers due to "3" ???

5) Last but not least how much blood, opps sorry I mean money does the operators in these countries make in comparison to what SMRT make???

You want to compare please compare everything please no cherry picking allowed ok.
__________________

Public transport fare increases in Singapore over the last few years have been lower than cities such as Hong Kong, London and New York, said Transport Minister Lui Tuck Yew.

Responding to questions from MPs on transport fare hikes over the past few years, Mr Lui told the House that fares here are generally comparable and typically lower than those cities mentioned.

He said: "The Government is fully committed to keeping public transport fares affordable. Indeed, we want to carefully study this issue in greater detail for different income levels and various special groups that may be more vulnerable and will need special help should fares have to be raised."

Mr Lui said public transport fares have been adjusted in small amounts seven times from 2003 to 2012 by the Public Transport Council (PTC).

From 2006 to 2011, fares increased cumulatively by 0.3 per cent, while diesel prices went up by about 55 per cent and national wages by more than 25 per cent over the same period.

This has caused a significant shortfall between fare increases and operating cost increases, and put downward pressure on wages for public transport employees, said Mr Lui. Given worsening bus industry financials, he expects it will be a challenge for the transport operators to "do more without fare increases or Government subsidy".

 

[blur sotong]

Why ddn't somebody ask him about some cities that did not have any fare increase? :*:

But then, nobody will ask him because all the media are only for wayang.