Private buses : green light for fares increases from + 10 to + 23 %

Back to business ! While the people get entertained with temporary tax cuts on diesel, fakes goodies, and other prices controls policy Zimbabwe style… the inflation tsunami is building up. Quietly.

Private bus services in metropolitan Bangkok are now allowed to raise their fares immediately after having been denied the opportunity to participate in fare hikes suspended for several months.

The Supreme Administrative Court on Friday lifted an injunction by the Central Administrative Court which had suspended fare hikes by private bus operators.

With the issuance of the order, Private Bus Development Association president Chatchai Chaiviset said bus operators are allowed to instantly raise the bus fares as proposed in May.

Effective on September 1, fares charged by private air-conditioned buses will rise by one baht in the set trip distance rate.

The fares collected by buses, minibuses, and passenger pickup trucks will rise to 10, 8, and 7.50 baht from the 8.50, 7, and 6.50 baht charged earlier. (TNA)

Voila. The court put on hold the prices increases end of may (read here)…

Three months after, back to square one… They saved 3 months. Great. 😉

2 Responses to “Private buses : green light for fares increases from + 10 to + 23 %”

  1. 1 tom_bkk 31 August 2008 at 2:27 am

    Well, the TIME is a potential KILLER 😉

    … some famous people used to say

  2. 2 fall 31 August 2008 at 3:07 am

    Could someone from any side call for an over-haul of private bus contract? PPP government and Dem should share the blame for this.

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Thailand Crisis

Coup, Economic slowdown, Terror In the South... The situation is worsening in Thailand. Bumpy road like often before.

But this time, it's different.

The key to understand the present turmoil is the inevitable... succession of King Bhumibol.

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