The Big Story: Is Singapore’s 13% fare subsidy enough to stabilize school and care transport services?

Singapore is introducing a three-month, 13% fare revenue support scheme to stabilise school bus and care transport operators amid rising fuel costs driven by geopolitical tensions. While the move is expected to keep fares stable in the near term, questions remain over whether such short-term subsidies address underlying cost pressures or merely delay inevitable adjustments. On The Big Story, Debbie Yong speaks to Terence Fan, Assistant Professor of Strategic Management and Entrepreneurship at the Singapore Management University, to examine whether this policy offers meaningful relief or simply defers deeper structural challenges within the sector.See omnystudio.com/listener for privacy information.