Cheap Bus Fares For Londoners
Here, we have rising bus fares while Londoners get to ride cheaper. This discount came about due to the oil deal. This is to help the poor be able to ride.
The reason given to the raise in our bus fares was, quoted below.
SBS Transit said manpower costs – its single largest cost component – have also increased by about S$12 million during the year, while SMRT said it would lose about S$11 million due to increases in GST and employer’s CPF contributions.
Aye, so the CPF’s and GST’s increase impact are quite huge. I shall continue my reading on Rich Dad’s Retire Young, Retire Rich by Robert T. Kiyosaki, Sharon L. Lechter.
