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Monday, January 31, 2011

Singapore to defer bus, train fare review till Q4

Reuters, 31 Jan 2011Feb 1 (Reuters) - Singapore will defer its mid-year review of bus and subway train fares till the fourth quarter of the year, delaying what will likely have resulted in higher cost of public transport, ....... Singapore's public transport fare review mechanism takes into account inflation and average wage changes in the preceding year, meaning operators SMRT and ComfortDelgro