School bus fares to rise in 2023; operators say hike needed to cover higher costs

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MOE said in August that operators with existing contracts can make a one-time fare increase of up to 7 per cent from January. Read more at straitstimes.com.

SINGAPORE – Architect Tan Tze Wei, 37, will be paying $15 more a month for her daughter’s school-bus ride from January – 10 per cent more than the current fare.

The Singapore School & Private Hire Bus Owners’ Association said it does not track the rates negotiated by its members with schools, noting that there is a competitive tender system. However, it expects the newer contracts to be priced higher to account for growing operating costs.

Besides coping with higher fuel and manpower expenses, Mr Peh said bus operators are likely to have to bear the 1 percentage point increase in the goods and services tax from January 2023, since the industry practice is to absorb the tax in school bus fares. Longlim, which has more than 60 buses and contracts with seven schools, requested to raise fares by “around 7 per cent” for existing contracts.

 

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Oil price are back down a lot since the highs in April So what’s this bullshit about? Reckless crap

Rise and include the additional 1% GST?

WEF’s global vision for the peasants: “You’ll own nothing and you’ll be happy” AKA: Everything will be too expensive for you so you can only rent from the stakeholder elites.

If tt is how our GDP is said to be 'growing' every yr, then we are doomed. Our cars n housings are getting unownable. Soon it wld be new normal to rent your car and house. Our founder's era of home ownership to 'root' our people to this 'island in the sun' is a forgotten promise.

school bus operators should consider to go 'zero emission' ; switching to e-school buses. how about that;

Everything go up and up and up and up. Life is a rat race man

Hahaha... it is 'more responsible' to raise GST... here's the strong mandate you guys voted for 🎁

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School bus fares to rise in 2023 - operators say hike needed to cover higher costsArchitect Tan Tze Wei, 37, will be paying $15 more a month from January for her daughter’s school-bus ride – an increase of 10 per cent over the current rate. She said the hike from $150 to $165 for a one-way 2km trip is probably inevitable, given the trend of higher... To be clear - driver salaries are not increasing - operators hoping nobody will notice and simply state ‘higher costs’ without any genuine justification.
Source: thenewpaper - 🏆 7. / 63 Read more »