http://www.straitstimes.com/singapore/bus-fares-will-be-affordable-if-raised
Bus contracting model:
Improvements cannot be sustained without raising fares, said
Transport Minister Khaw Boon Wan.
The Government bus contracting model will raise service
standards but these improvements cannot be sustained without
raising fares, said Transport Minister Khaw Boon Wan.
But if fares were to rise, the Public Transport Council (PTC)
will ensure that the fares remain affordable, he said.
His comments, given to Chinese daily Lianhe Zaobao in an e-mail
interview, were reported yesterday. The bus contracting model takes
effect on Thursday.
Under the model, the Government will own all operating assets,
which are leased out to bus operators. Operators will be paid by
the Land Transport Authority for providing bus services and fare
revenue will be collected by the Government.