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The 1996 Rail Financing Framework was a scheme that set out the financing framework of the rail transport system. In the white paper, it was phrased that the financing framework of the rail transport system would eventually be run on the basis of partnership, which the government and its regulatory authority would provide the assets and infrastructure (which remain fully owned by the ...
Currently, the ministry commissions and regulates four individual government statutory boards: the Civil Aviation Authority of Singapore (CAAS), the Land Transport Authority (LTA), the Maritime and Port Authority of Singapore (MPA) and the Public Transport Council (PTC), which implement the ministry’s policies and tactical directions.
SMRT Corporation is a multi-modal public transport operator in Singapore operating bus and rail services. A subsidiary of the Government of Singapore's Temasek Holdings, it was established on 6 August 1987 and listed on the Singapore Exchange from 26 July 2000 until 31 October 2016.
Workforce Singapore (WSG) is a statutory board under the Ministry of Manpower of the Government of Singapore.. During the worldwide COVID-19 pandemic in 2020, when many Singapore citizens and Permanent Residents lost their jobs due to the closure of businesses, Workforce Singapore played a vital part in career-coaching the people of Singapore into transitioning into essential industries.
The Public Transport Council (PTC) is an independent regulatory statutory board under the Ministry of Transport of the Government of Singapore established on 14 August 1987 by the Public Transport Council Act of 1987. PTC regulates the public bus and rapid transit network in areas such as fares and service standards.
Started the upgrade of CEPAS to 3.0 and SeP to "System for e-Payment 2.0" to allow the use of credit/debit card in public transport, trials began. [23] 4 April 2019 Allows the use of credit/debit card in public transport. [48] 30 January 2020 - 14 November 2023 Replacement of all transit ticketing machines into Top Up Kiosks for public transport.
Rail transport in Singapore mainly consists of a passenger urban rail transit system spanning the entire city-state: a rapid transit system collectively known as the Mass Rapid Transit (MRT) system operated by the two biggest public transport operators SMRT Trains (SMRT Corporation) and SBS Transit, as well as several Light Rail Transit (LRT) rubber-tyred automated guideway transit lines also ...
With the Bus Service Operating Licenses (BSOL) of SBS Transit and SMRT Buses expiring on 31 August 2016, the Land Transport Authority (LTA) decided to revamp the country's bus operations into a competitive tendering process. Under the contracting model, bus operators bid for the right to operate services while with the LTA as central planner ...