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Port Moresby
May 27, 2022
Business News

Lae City PMV Bus owners have called on an increase in bus fares

By Bethanie Harriman – EMTV News, Lae

The Independent Consumer and Competition Commission Boss, Paulus Ain, says fuel prices have increased and there is some level of uncertainty in the next several months.

Lae City PMV Bus owners have called on an increase in bus fare and a change of routes, because they say spare parts imported have become expensive and the ICCC is the only body that can allow an increase.

While the imported spare parts have remained quite expensive, the ICCC commissioner says fuel prices will remain low because of an oversupply in world markets.

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