Govt to pay SBS Transit, SMRT S$5.3b and $1.9b respectively to run bus routes

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SINGAPORE – The Government will pay SBS Transit about S$5.3 billion, and SMRT Buses about S$1.9 million to operate the remaining bus routes that have yet to be put up for competitive tendering, said the Land Transport Authority (LTA) on Thursday (Aug 11), in…

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