header logo
Asia asset finance
Mogo Academy
Latest
NTC approves 2.5% reduction in bus fares
Jun 25, 202504:51 PM
NTC approves 2.5% reduction in bus fares

The National Transport Commission (NTC) has approved a 2.5% reduction in bus fares from 01 July 2025.

 

Earlier, it was reported that the government had informed bus associations that steps will be taken to reduce bus fares by 2 percent, following a discussion held today (June 25) between the Ministry of Transport and representatives of various bus associations.

 

The meeting was convened to discuss the annual bus fare revision, which is scheduled to take effect on July 1. During the meeting, transport authorities announced the proposed fare reduction.

 

However, bus associations had expressed their strong disapproval of the proposal.

 

According to the proposed revision, the first and second stage fares will remain unchanged, and the fare reduction will apply only to the existing fare structure beyond those initial stages.

 

Commenting further on the matter, Chairman of the Lanka Private Bus Owners’ Association, Gemunu Wijeratne, stated that the benefit of this move will not be passed on to passengers or bus associations.

 

He also added that, in percentage terms, the bus fares would be reduced by one or two rupees.

 

 

 

 

MostRead
Mobitel 5g
VideoStories
Sugeeshwara Bandara arrested over allegations of misappropriating state funds

Sugeeshwara Bandara arrested over allegations of misappropriating state funds

'No one can influence public appointments'  Govt denies officials appointed at Cardinal’s request

'No one can influence public appointments' Govt denies officials appointed at Cardinal’s request

Crucial data on Suresh Sallay’s devices may prove innocence, claims Udaya Gammanpila

Crucial data on Suresh Sallay’s devices may prove innocence, claims Udaya Gammanpila

Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Yoshitha Rajapaksa released on bail following arrest by the Bribery Commission

Political debate intensifies over Suresh Sallay detention and CID conduct

Political debate intensifies over Suresh Sallay detention and CID conduct

Court of Appeal to consider Former President Gotabaya Rajapaksa’s petition tomorrow

Court of Appeal to consider Former President Gotabaya Rajapaksa’s petition tomorrow

 Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

Cabinet gives nod to secure US$ 200 million in ABD funding for infrastructure and housing projects

 “Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

“Gotabaya’s arrest will be determined by evidence” CID responsible for Easter attacks probe: Govt.

 Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

Dengue infections surpass 42,000; Special dengue control program to be held in schools this week

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

“Sallay not in critical condition” CID declines request to grant daily legal access to Suresh Sallay

CID informs court of probe into contempt allegations against six persons including ex-Ministers

CID informs court of probe into contempt allegations against six persons including ex-Ministers

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

Govt. has obtained US$ 1.85 bln in foreign loans since assuming power, Finance Ministry data shows

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Govt. has no development plans" Dilith Jayaweera says common man is being burdened on a daily basis

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

"Different virus spreading rapidly at the moment" Officials raise alarm over surge in dengue cases

El Niño expected to gradually impact Sri Lanka, experts warn

El Niño expected to gradually impact Sri Lanka, experts warn

Lassana Flora