How to save $$ when transportation prices is always increasing??

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SMRT Corporation is planning to raise fares for its bus, MRT and LRT services.

It will apply for a fare adjustment by the August 1 deadline set by the Public Transport Council.

The SMRT Corporation says its total operating costs have ballooned by 20% this year because of the increase in diesel prices.

The fare hike will follow the PTC’s formula of a maximum increase of 1.7%, which translates to a rise of one or two cents, if approved.

SMRT President and CEO Saw Phaik Hwa says that its proposed fare hike will not be sufficient to mitigate rising diesel costs.

It however supports the government’s call for smaller and regular fare increases.

source fom Channel Newsasia

2 Comments »

  1. money money money money…. IRRITATING…. they rise n rise n rise… ask so much money from us fo them to keep…. never spare a tot for us at all!!!!

    Comment by seb — July 25, 2006 @ 1:46 pm

  2. wat is new man…haiz

    Comment by Ahly — July 25, 2006 @ 2:36 pm

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