Nawawi: KTMB needs to increase fare to break even


KUALA LUMPUR: Keretapi Tanah Melayu Bhd (KTMB) can only break even if it is allowed to increase the KTM Komuter fare by 2 sen per km, its chairman said.

Datuk Nawawi Ahmad said the country’s main rail operator suffered RM50mil losses every year not because of low ridership but due to cheap ticket prices set by the Land Public Transport Commission.

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