Targeted diesel subsidy: express, school bus operators should not raise fares, says Loke

Minister says these bus operators still receive subsidies via diesel fleet cards under SKDS 2.0

5:55 PM MYT

 

GEORGE TOWN – Express bus and school bus operators should not raise fares following the implementation of targeted diesel subsidy in peninsular Malaysia, said Transport Minister Anthony Loke.

He said this is because the diesel subsidy continues to be given to these bus operators through subsidised diesel fleet cards under the Subsidised Diesel Control System (SKDS 2.0).

“They should not raise their bus fares.

“They are not affected by the increase in the diesel price because school bus and express bus operators are still receiving subsidies. So what reason do they have to raise the fares?” he told a press conference after officiating the 57th Asean Senior Transport Officials Meeting (Stom), here today.

Loke said this in response to rumours about the possible increase in the fares of school, express and tour buses following the implementation of targeted diesel subsidy, which saw a diesel price increase of more than 50%, starting yesterday (Monday).

Loke said for express buses, the fares cannot be increased arbitrarily because they are under the purview of the Land Public Transport Agency (Apad).

“As for school buses, we don’t control the price, we just encourage discussions between school bus operators and parent-teacher associations,” he said.

On the possible increase in the fares for tour buses, Loke said there is no subsidy for the tourism sector, as the buses are for tourism purposes and not for daily use.

“Maybe there will be a little increase in the cost for the tourists, but I think it is acceptable for them,” he said.

Meanwhile, Loke said he was ready to give a specific briefing to Tun Dr Mahathir Mohamad after the latter questioned the Johor Bahru-Singapore Rapid Transit System Link (RTS Link) project and claimed that there was not much being revealed about it despite “concrete pylons rising across the Straits of Johor”.

Loke said that he respects Dr Mahathir as the country’s statesman but “to say that there was no revelation about RTS is wrong.

“If Tun wants complete information, I am ready to give him a special briefing,” he added. – June 11, 2024

Topics

 

Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

FashionValet a loss-making entity before and after Khazanah, PNB’s RM47 mil investment

GLICs bought stakes in 2018, company records show total RM103.3 million losses after tax from 2017 to 2022

[UPDATED] Petronas confirms ongoing productivity reviews to ‘eliminate inefficiencies’

Responding to Scoop, industry giant said it aims to become ‘operationally focused, commercially agile and cost-efficient’, but did not clarify if it is linked to Petros deal

Related