Public Transport Council (PTC)

SINGAPORE (Oct 14): “We have certainly received a lot of questions regarding the freedom to move money.” — Clifford Ng, managing partner at Zhong Lun Law Firm in Hong Kong, whose clients are keen to shift assets to Singapore.

SINGAPORE (Oct 9): Public transport operators could see an annual revenue increase of $132.5 million, after the Public Transport Council (PTC) on Tuesday granted the full 7% increase in in fares.

SINGAPORE (Sept 19): ComfortDelGro Corporation (CDG) could see headwinds ahead for its public transport business, despite a fare hike of up to 7% that is expected to be announced later this year.

SINGAPORE (Aug 12): A new licensing regime for private-hire platform operators that will kick into effect next June could level the playing field between taxi operators and ride-hailing platform providers, as well as protect drivers and consumers alike. H

SINGAPORE (Aug 7): Singapore will tighten regulations on ride-hailing operators such as Grab and Gojek, bringing safety-related rules for the services in line with taxi operators to better protect commuters and drivers.

SINGAPORE (Sept 4): DBS Group Research is maintaining its forecasts and “buy” recommendation for ComfortDelGro.

SINGAPORE (April 6): RHB is not ruling out the possibility of a fare hike next year, given the Public Transport Council has started its review of the formula through which bus and train fares are adjusted yearly.

SINGAPORE (April 5): The Public Transport Council (PTC) has started the review of the public transport fare adjustment formula and mechanism.

SINGAPORE (Oct 27): Public transport operators SBS Transit, SMRT, and the Land Transport Authority (LTA) will see a total decrease in fare revenue of about $79 million a year, after the Public Transport Council (PTC) on Thursday announced a 4.2% decrease