Toh Ting Wei, The Straits Times

Toh Ting Wei, The Straits Times

1 August 2019
SMRT Trains' Losses Soar to $155m. Is A Fare Hike Inevitable?
On Thursdays, we put our Focus on transport issues in a segment called Move. This week, we’re speaking with Toh Ting Wei from The Straits Times. SMRT Trains has revealed spiraling losses on the back of high operating costs. Spending on repairs and maintenance accounted for about 71 per cent of rail-fare revenue, up from just 45 per cent three years ago. and so the question is, is a fare hike inevitable?

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