Private bus operator KTB says no to fare discounts


KONSORTIUM Transnasional Bhd (KTB), Malaysia’s largest bus operator, believes that its earnings will be affected if there are discounts offered for selected routes.

Commenting on the Prime Minister Datuk Seri Najib Tun Razak’s speech during Budget 2015 when the Government announced plans to offer discounts on monthly bus fares for city workers residing outside Kuala Lumpur, KTB managing director Datuk Seri Nadzmi Salleh says he is still “not completely clear” on who will be providing the discounts.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , KTB , public transport , buses

Next In Business News

FBM KLCI climbs amid firmer regional markets, stronger ringgit
Gold steadies as Fed independence concerns offset easing geopolitical woes
Oil slips as investors assess supply outlook, US stock build
AirAsia X targets up to US$600mil debt restructuring after combining airlines
Telenor sells its stake in Thailand's True Corporation for US$3.9bil
Societe Generale to cut 1,800 jobs in France
Bank Negara’s international reserves climb slightly to US$125.6bil
Bank Negara leaves OPR steady at 2.75%, as widely expected
Ringgit trading signals growing global confidence in Malaysia
Chipmakers driving AI boom

Others Also Read