Uncategorized Netizens lash out against possible transport fare hike

Netizens lash out against possible transport fare hike

A major reason for netizens being up in arms about the hike was that these were in tandem with announcements that record amounts of tax have been collected in 2017 and 2018




- Advertisement -

Following the announcement of the possibility of bus and train fares increasing by up to 7 per cent next year, many Singaporeans have lashed out.

Another reason for their gripe is that the two fare hikes come in tandem with announcements that record amounts of tax have been collected in 2017 and 2018.

According to a report on the Singapore Business Review, tax revenue collected in FY 2018/19 climbed 4.4% to $52.4b from $50.2b in the previous fiscal year, according to the Inland Revenue Authority of Singapore (IRAS).

This represents 71.1% of the Singapore Government’s Operating Revenue and 10.6% of Gross Domestic Product (GDP).

- Advertisement -

The PTC is expected to “approve” the maximum allowable fare hike of 7% this year again, following a similar move last…

Posted by The Alternative View on Tuesday, 3 September 2019

The fares could go up by 10 cents, the maximum increase that can be allowed under the current fare formula, a measure implemented from 2018 to the year 2022.

As the Public Transport Council (PTC) begins its annual fare review exercise, if the fare increases are approved, this would be the highest fare increase in recent years.

As per a Straits Times report, the PTC said that the largest contributing factor to the potential fare hike was the double-digit increase in energy prices, which rebounded 26.2 per cent in 2017, and 32.3 per cent in 2018.

Read related:Bus and train fares could possibly see 7 per cent increase next year

Send in your scoop to news@theindependent.sg 

- Advertisement -

2 teens arrested in connection with jewellery theft

A pair of teenagers were arrested on Monday (22 Feb), in connection with a jewellery theft from a store in Woodlands. Both the teenagers are 17 years old. The Singapore Police Force (SPF) confirmed that they received a report around 5.45pm on...

Woman says her housekeeper mum encounters “thoughtless” guests who trash hotel rooms

The daughter of a hotel housekeeper took to social media to urge people to be more considerate when they check into a hotel. She shared some of her mother's bad experiences with "thoughtless" and inconsiderate hotel guests. In a Facebook post on...

Almost 8 out of 10 vote PN can’t survive GE 15 without UMNO

Almost eight out of 10 respondents on a Twitter survey voted that Bersatu will not survive GE-15 without UMNO, according to BFM radio survey held this morning (22/2/2021) during its Morning Run programme. Of the 206 voters (respondents) in the final countdown,...

Send in your scoop to news@theindependent.sg