BTS fare hikes on Thursday
Fares of the Skytrain will be raised by Bt5 starting from March 1, said its operator Bangkok Mass Transit System (BTS).
The fares will then start at Bt15 to Bt45. BTS initially planned to raise the minimum fare from Bt10 to Bt15 from on December 1. However, Bangkok Metropolitan Administration which granted the concession to operate the Skytrain system to BTS set up a committee to review the fareadjustment plan and resolved to have the hike postponed. BTS has said it needs to raise fares to cope with a 30percent increase in operating costs. With Bt7.7 billion in debt, BTS has to shoulder daily expenses of Bt10.5 million, while its daily income ranges from Bt8 million to Bt9 million. The fare increase would have boosted BTS's income by 10 per cent, and without affecting long haul passengers. The Nation
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