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First Taiwan Railway Ticket Price Hike in 30 Years Hits Commuters Hard
TaiwanPlus News
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7 months ago
Many Taiwan Railway passengers were caught off guard by higher ticket prices on Monday. Taiwan Railway Corporation's price hike was the first in 30 years.
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00:00
Here at Taiping Main Station, commuters and travelers from all over the country rely on Taiwan Railway,
00:05
the country's oldest public transportation system, to get to where they need to be every day.
00:10
But starting on June 23rd, passengers will need deeper pockets to catch a train.
00:15
Please proceed to counter number 3.
00:18
For the first time in 30 years, Taiwan's state-owned rail corporation is raising ticket prices.
00:24
Commuters will have to pay an average of 26.8 percent more.
00:28
Fares for shorter routes will rise more steeply, while longer-distance trips will see smaller hikes.
00:35
The decision has to support of the central government.
00:50
Taiwan Railway maintained the same fare for decades,
00:53
through inflation, fatal accidents and natural disasters, and rising maintenance costs.
00:58
But after losing more than 460 million U.S. dollars in 2024 alone,
01:04
Taiwan Rail says the fare hike is part of broader reforms launched since its commercialization last year.
01:10
The company expects Monday's price hike to increase annual revenue by at least 130 million U.S. dollars.
01:17
And while the rail system remains one of the cheapest ways to travel the country,
01:20
those who rely on the system are fueling the impact.
01:23
I want to go from Taipei to Newstos,
01:26
that's the first time when I come to Pennsylvania.
01:26
That's the first time when I go toå°å,
01:27
that's true.
01:27
That's the first time when I come toinsu.
01:28
That's the first time when I come toĐŋĐĩŅ
01:47
Taiwan Rail has also launched a membership program for passengers in eastern Taiwan,
02:03
an area where weather and earthquakes lead to frequent delays and cancellations.
02:08
These passengers will receive a 5-8% discount,
02:11
part of an effort to support travelers in a region with few other affordable transport options.
02:17
Because I was in Hualien, I was in school, so when I went to Taipei, it was a price.
02:23
So when I came back, it was pretty expensive, it was a lot of influence.
02:30
But the hikes are not a cure-all for Taiwan Railway's financial woes.
02:34
They would not affect the hundreds of thousands of commuters
02:36
that purchase monthly all-in-one tickets known as TPAS.
02:40
That means the government will still need to provide subsidies to cover the difference.
02:44
And while paying more for train tickets may put a dent in someone's savings,
02:48
it can now be their only option to travel safely and on time.
02:51
Howard, Dan Nying Lin, in Taipei, for Taiwan Plus.
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