Review of transport fare formula needed to reflect rising cost of operating MRT system: Khaw Boon Wan | Video

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Review of transport fare formula needed to reflect rising cost of operating MRT system: Khaw Boon Wan | Video

(Updated: )

There will be a need in future to review the formula by which transport fares are determined, in order to reflect the increasing costs of operating Singapore's MRT system, said Transport Minister Khaw Boon Wan in Parliament on Monday (Jul 8). Rail companies are operating at a loss, he said, as fares paid by commuters do not cover operating costs. 

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