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8/02/2008

School bus fares won't go up

Thanks to the Competition Commission of Singapore, school bus fares that were supposed to go up by $10 to $15 form Aug 1 will not take effect. The Commission has 'advised them (Singapore School Transport Association) to take remedial action.' The Commission is not against price hike but must be done by individual bus operators independently. That may be the reason why fare hikes for MRT and public buses can continue to go up simply because they act individually. But it would be good if the Commission can also advised them a little after all these companies are making huge profits without competition. And they have just submitted for more hikes for approval by the Public Transport Council. Oh, the petrol companies should also be advised on the way they hike or reduce their prices, all in tandem and in the same amount.

1 comment:

Mockingbird said...

Better to send one's child to a nearby neighborhood school within walking distance rather than be subject to all these crazy school bus fee hikes.