Pan Malaysia Bus Operators Association (PMBOA) said it welcomed the removal of diesel subsidy for express buses if the government deregulates bus fares.
PMBOA president Datuk Asfar Ali said allowing market forces to determine prices would allow operators cope with higher fuel and operating costs following the removal of subsidies.
“Express bus operators are facing increase in the costs of operation due to higher wages, fuel cost and spare parts.”
“We don’t need the subsidy (depending on government's decision to deregulate bus fares) and allow the market mechanisms determine the prices of express bus fares,” he told Astro Awani, in response to the removal of fuel subsidies for RON95 and diesel beginning December 1.
Express buses have a quota of 2,880 litres of subsidised diesel, per month.
Deregulating the fares, he said, would also enable passengers enjoy better services from bus operators.
“Because the fares are controlled by the government, we can’t afford to buy more sophisticated buses with better safety features. We are unable to provide more innovative services like multi-channel music and movies, better seats and even blankets.”
Asfar added that local bus operators are at risk of losing businesses when the Asean Free Trade Area (AFTA) agreement comes into effect next year.
“Once the borders open via the AFTA scheme, bus operators from Singapore, Thailand and Indonesia will operate here. We won’t be able to compete with them if the government still regulate the fares," he said.
While the association welcomes the removal of diesel subsidy for express buses, Asfar said stage buses operators need the subsidy to stay afloat.
“The operating costs are too high for stage buses. Most of the riders come from the lower income sector who can’t afford higher bus fares. Maintaining the prices without any diesel subsidy will force companies to go out of business.”
At present, stage buses have a quota of 1,440 litres of subsidised diesel, per month.
The government, through the Land Public Transport Commission (SPAD) had also allocated RM400 Million under the Interim Stage Bus Support Fund to help stage bus operators who are experiencing losses.
The initiative, which started on January 3, 2012, acts as interim measure to cover the shortfalls in daily operations of the affected stage bus operators, especially on social routes.
Cynthia Ng
Mon Nov 24 2014
Bus association welcomes subsidy removal provided government deregulate fares
Japanese manicurist takes on plastic pollution, one nail at a time
Before global leaders address plastic pollution, a Japanese manicurist highlights the issue by incorporating it into her nail designs.
What to watch for ahead of US presidential inauguration
Here's a timeline of events between now and inauguration day.
The battle to reduce road deaths
In Malaysia, over half a million road accidents have been recorded so far this year.
Pro-Palestinian NGOs seek court order to stop Dutch arms exports to Israel
The Dutch state, as a signatory to the 1948 Genocide Convention, has a duty to take all reasonable measures at its disposal to prevent genocide.
How quickly can Trump's Musk-led efficiency panel slash US regulations?
Moves by Trump and his appointees to eliminate existing rules will be met with legal challenges, as many progressive groups and Democratic officials have made clear.
2TM: Consultations on PTPTN loans, admission to IPTA at MOHE booth
Consultations on PTPTN loans and admission to IPTA are among services provided at the Higher Education Ministry booth.
Kampung Tanjung Kala residents affected by flooded bridge every time it rains heavily
Almost 200 residents from 60 homes in Kampung Tanjung Kala have ended up stuck when their 200-metre (m) long concrete bridge flooded.
COP29 climate summit draft proposes rich countries pay $250 billion per year
The draft finance deal criticised by both developed and developing nations.
Bomb squad sent to London's Gatwick Airport after terminal evacuation
This was following the discovery of a suspected prohibited item in luggage.
Kelantan urges caution amidst northeast monsoon rains
Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Former New Zealand PM Jacinda Ardern receives UN leadership award
Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM
The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
KTMB provides two additional ETS trains for Christmas, school holidays
KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024
Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Findings by dark energy researchers back Einstein's conception of gravity
The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
NRES responds to Rimbawatch press release on COP29
The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections
The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Malaysia's inflation at 1.9 pct in Oct 2024 - DOSM
Malaysia's inflation rate for October 2024 has increased to 1.9 per cent, up from 1.8 per cent in September this year.
Saudi Arabia showcases Vision 2030 goals at Airshow China 2024
For the first time, Saudi Arabia is participating in the China International Aviation & Aerospace Exhibition held recently in Zhuhai.
King Charles' coronation cost GBP 71mil, govt accounts show
The coronation of Britain's King Charles cost taxpayers GBP72 million (US$90 million), official accounts have revealed.