Sunday, January 04, 2009

ERP and transport fares ...

Just in the year 2007 / 08 and those were when times were better, the government increased ERP fares as well as public transport fares and I repeat, it was when times were good.

Articles splashed all over the papers nowadays show slow or even negative growth and yet the government has not made any adjustments to bring such living costs down.

When the bus fare hike was announced, it was mostly on the basis that oil prices have risen so much that bus transport companies were losing bits of their profits and thus a rise in fares was required but today, the explanation was different. The prices have to stay where they are now and not come down because competition was stiff and bus companies needed to expand their business and maintain the fleets of buses.

I sort of found it silly but what to do? That's life isn't it? When such fares increase, our salaries hardly increase and I wonder employees in such public transport companies, are they also not getting an increase despite profits raked in? Is this fair? I dare not comment.

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