Tags: Bus Company.
SMRT Buses (originally Trans Island Bus Services (TIBS)) is a public bus transport operator in Singapore. Singapore has a duopoly transport system in which SMRT’s only competitor is SBS Transit which also operates bus services in Singapore. The company was incorporated as TIBS on 31 May 1982 in a heavily regulated market to be a competitor to Singapore Bus Service. In accordance with restructuring at parent company SMRT Corporation TIBS was renamed SMRT Buses on 10 May 2004.