MOE raises school bus operator support to 20% of fare revenue amid continued high fuel prices

AI Summary

The Ministry of Education (MOE) in Singapore has increased its support for school bus operators to 20% of fare revenue to mitigate the impact of consistently high fuel prices. This initiative aims to alleviate financial burdens and ensure continued transportation services for students.

Should fuel prices remain elevated, MOE said transport operators will, from July, be allowed to offset higher operating costs through a "time-bound" fuel surcharge.