SBS TRANSIT and SMRT said on Friday it will bear two-thirds of the 15-cents increase in transfer rebates for commuters.

The announcement comes after the Public Transport Council said train and bus fares would go up by 0.7 per cent from October 1.

RELATED LINKS  Transfer Rebate  Fare Adjustment

Children and student fares, as well as prices for student and NS concession passes, will not be increased.

SBS Transit Chief Operating Officer, Mr Gan Juay Kiat, said: 'The bulk of the fare adjustment this year goes towards transfer rebates which will benefit commuters who make transfers as part of their journey.'

To mitigate the impact of the fare changes, SBS Transit will also extend $3.6 million worth of assistance schemes, such as giving out transport vouchers to the needy and extended concession hours for the elderly.

SMRT also said it would help needy passengers by contributing $100,000 worth of vouchers to the Public Transport Fund.

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0.7% change in fares