Myth 203 - Transport fare is linked to oil prices

This myth is destroyed for good. There is a link, but indirectly, to oil price. According to Transport Minister Raymond Lim,

"This is because the public transport fare is not directly linked to the oil prices. We link it to national factors, like the inflation level in Singapore, and the wage level in the whole of Singapore."

So be careful when your wage level goes up. It will only cause