The operators of the BTS Skytrain said Wednesday they may have to increase fares within two months to cover the expected hike in electricity costs because of the scheduled cuts in gas feeds from Myanmar.
Surapong Laoha-Unya, director and chief operating officer of the Bangkok Mass Transit System Plc (BTSC), told reporters that 70% to 80% of the costs of the Skytrain are wages, electricity, and maintenance. The 300-baht minimum wage and the 10% hike in electricity costs have created a burden for the company.
The fare hike is necessary even though revenues during the BTSC's fiscal year which ends March 31 look likely to rise by 12-13%, on the back of 196 million passengers.
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