New approaches to funding public transport system might be needed

Since 1998, fare adjustments have been formula-driven exercises that try to strike a balance between ensuring public transport is affordable and operators remain viable.

This year is no exception. But as it has done in recent years, the Public Transport Council (PTC) has tried harder to shield more vulnerable commuters from the latest fare increase - a record 7 per cent - which will take effect from Dec 28.

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A version of this article appeared in the print edition of The Straits Times on October 10, 2019, with the headline 'New approaches to funding public transport system might be needed'. Print Edition | Subscribe