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City says bus system loses $100K a month


geovalin

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The public bus service run by City Hall has been hemorrhaging about $100,000 a month, according to the local authorities.

Long Dimanche, spokesman for the Phnom Penh municipality, confirmed the figure yesterday, after it was first revealed by local media following a meeting last week between the Phnom Penh governor and private transport companies.

The spokesman chalked up the losses to the low-cost of bus tickets, currently 1,500 riel [or $0.37], as well as a free pass given to students, disabled travellers, the elderly and monks.

read more: http://www.phnompenhpost.com/business/city-says-bus-system-loses-100k-month

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