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Skyrocketing COE prices does not equate lower public transport fares

With COE prices skyrocketing, fewer people will be buying cars. And as more COEs expire and more people taking up public transport, quality of transport will definitely drop. Will public transport fares move southwards months or years to come? I do not think so.

Let's see what the Public Transport Council (PTC) has to say this coming June when the next reviewal of public transport fares arrives.
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