The Ministry of Education (MOE) provides additional support to school bus operators in May and June and announces further measures for July, amid continued high fuel prices. According to MOE, operators receive extra funding support during the two-month period as fuel costs stay elevated. Separately, Channel NewsAsia reports that MOE raises the level of government support for school bus operators to 20% of fare revenue. The ministry also says that if fuel prices remain high in July, operators can recover higher operating costs through a “time-bound” fuel surcharge, which MOE sets and limits in duration. The Straits Times adds that operators are allowed to increase fares up to a MOE-set level if fuel prices remain high in July. Both accounts frame the measures as temporary adjustments tied to fuel price conditions, with MOE retaining control over the applicable surcharge or fare increase level. Overall, the announcements aim to help operators manage cost pressures while keeping fare changes within government-set limits.
MOE increases school bus operator support and allows time-bound fuel surcharge
The Ministry of Education (MOE) provides additional support to school bus operators in May and June and announces further measures for July, amid continued high fuel prices. According to MOE, operator...
- MOE provides additional funding support to school bus operators in May and June.
- MOE increases government support for school bus operators to 20% of fare revenue.
- If fuel prices remain high in July, MOE allows operators to recover higher costs through a time-bound fuel surcharge.
- MOE sets and limits the surcharge and/or fare increase level.
- The support measures are temporary and linked to continued fuel-price conditions.
Operators can increase fares to a MOE-set level if fuel prices remain high in July.
3 months agoShould fuel prices remain elevated, MOE said transport operators will, from July, be allowed to offset higher operating costs through a "time-bound" fuel surcharge.
3 months ago
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