SMRT

[yeokiwi]

SBS transit 3rd quarter result,

9mth results
Staff cost - $251 million
Operating profit - $20 million

So, at the most, SBS transit can only offer 5-10% salary increase for bus driver while maintaining same bus fares.
If we want our bus drivers to have higher pay, we need to accept higher bus fare.

Anyway, if we look at current bus operation results, SBS transit is making a loss. If we combine both advertisement and bus together, they only make S$8 million.

So for our bus drivers to have a decent salary, we probably will need a 20% increase in bus fares.