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Thread: SBS Transit, SMRT ask to raise bus and train fares

  1. #21
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    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    Quote Originally Posted by datan View Post
    what safety concerns?
    stations that are without doors..

  2. #22

    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    Quote Originally Posted by alternatve View Post
    I wonder why a public service, which is supposed to serve the public, is instead only interested in maintaining the bottom line?
    this is as the same as why does our ministers need big pocket when they are serving in
    public service? the answer is simple, they need to be profitable so that they can attract
    talented to the job. these talented one dont come from local, some come from across the causeway.
    Taoism 你知[道]吗?http://yeobt.multiply.com
    Read With An Open Mind And Surely You Will Be Benefited.

  3. #23

    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    Quote Originally Posted by raincool2005 View Post
    stations that are without doors..
    how is that a safety issue?

    I've been to subways in London, Paris, New York, Philadelphia and NONE of these
    subways have doors ...

  4. #24

    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    Quote Originally Posted by nottipiglet View Post
    I don't mind being charged more... but they must decrease the waiting time and over-crowding.
    me too, i was not bother becos its would only make taking taxi is more affordable now. hehe
    Taoism 你知[道]吗?http://yeobt.multiply.com
    Read With An Open Mind And Surely You Will Be Benefited.

  5. #25

    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    Quote Originally Posted by Virgo View Post
    Complain loh...still increase what!

    The thing here is open market. If the government opens up this sector, these companies can go fly kite liao...
    Well, it is good the govt always allow us to air our views so long as we do not abuse the avenues.

    Remember the frog story that was often quoted in public speeches? Heat it up slowly, let it struggle, by the time it got used to it, its already cooked.

    We are but some sumptous frog legs to be served on a dinner platter.

    Bon Appétit
    Last edited by contaxable; 2nd August 2007 at 12:01 PM.

  6. #26
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    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    post here is of little use

    stomp it!

  7. #27
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    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    soon.. we will be like Japan where a train trip can cost as much as ten of dollars.

    that train can go heaven loh...
    Last edited by raincool2005; 2nd August 2007 at 12:05 PM.

  8. #28
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    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    Quote Originally Posted by raincool2005 View Post
    honestly speaking, do these companies deserve a fare hike ? has the issues in service level and safety concerns raised by the commuters being addressed ?
    Well, honestly.. NO.

    But then think from another perspective, say our transport companies changed from privatized to government owned. No profits involved. We should have cheaper fares right? Wrong, mainly because government owned enterprises have no incentive to cut cost or improve service. They would probably just do the minimum to get their funding and we, as commuters would probably pay more for less.

    The profit debate has been ongoing for public services over many countries for ages. Ultimately, while it sucks that our transport system is not perfect and all, it may be worst. Allowing it to be privately owned gives the owners incentive to maximize profit and cut cost, hence lowering fares in the long run. Now, being a duopoly, the government has to stop rampant fare increases and profit taking by imposing price ceilings and service levels to adhere to.

    IMHO, the lessor of 2 evils. Of course, the big gainer is the body that collects the tax go figure..

  9. #29

    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    anyway to keep things in perspective...

    if you look at SBS Transit's income statement for 2006...
    their turnover was about $612m. Increasing fares by 1.5% means their revenue increases by
    maybe $10m.

    they expect their staff costs to increase by about $10m, fuel costs to increase by 20% - 25% which is about $24m to $30 m (and considering that oil futures just hit a record high this week). so they expect their costs this year to increase by at least $35m.

    So revenue increase by at most $10m while costs increase by at least $35m

  10. #30
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    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    time to cycle to school liao. next time go shoot also ride bicycle.

    healthy n cheap.
    Don't cry because its over,:)Smile because it happened.
    items for sale

  11. #31
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    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    Quote Originally Posted by datan View Post
    anyway to keep things in perspective...

    if you look at SBS Transit's income statement for 2006...
    their turnover was about $612m. Increasing fares by 1.5% means their revenue increases by
    maybe $10m.

    they expect their staff costs to increase by about $10m, fuel costs to increase by 20% - 25% which is about $24m to $30 m (and considering that oil futures just hit a record high this week). so they expect their costs this year to increase by at least $35m.

    So revenue increase by at most $10m while costs increase by at least $35m
    why staff cost increase by $10m ? what is the justification for the increase in staff cost ?

  12. #32

    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    LPPL!!

    remember the money u got from #$%^&...credited to your bank......time to recoup them back from the common folks

  13. #33

    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    Quote Originally Posted by sigg View Post
    LPPL!!

    remember the money u got from #$%^&...credited to your bank......time to recoup them back from the common folks
    lolx... yeah man... sob...

  14. #34
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    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    Confirm increase lor

    Wait 3 yrs later ... GST turn to 9% .. Thank to those who believe them ...

    Anyway.. complain also no use liao ..confirm want to makan yr money only ..
    Canon User Since SLR 888
    Owner of 5D mark III

  15. #35

    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    Quote Originally Posted by raincool2005 View Post
    why staff cost increase by $10m ? what is the justification for the increase in staff cost ?
    CPF contribution increase for one.
    or maybe COLA for their drivers?

    10 / 273 is about 3-4%.

  16. #36

    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    how come everyone only complain about the costs, never complain about the fruits of the economy ie. property yield, stock markets, highest starting pay for fresh grads in so many years...

  17. #37

    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    Quote Originally Posted by datan View Post
    how come everyone only complain about the costs, never complain about the fruits of the economy ie. property yield, stock markets, highest starting pay for fresh grads in so many years...
    you work for the Pay and Pay Co.?....
    How many citizens benefited from the property yield, stock market, start pays???? I know i didnt .... and yet I have to pay more for most of other items....
    always the Light, .... always.

  18. #38

    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    Quote Originally Posted by datan View Post
    how come everyone only complain about the costs, never complain about the fruits of the economy ie. property yield, stock markets, highest starting pay for fresh grads in so many years...
    Hmmmm maybe it is because many of us are not

    1) being enbloced and becoming instant millionaires
    2) Are not actively involved in playing the stock markets
    3) Are not fresh grads and hence highest starting pay doesnt affect us
    Hence the reasons you gave for celebrating dont affect us in anyway

    However we are

    1) Not getting pay increases despite what the papers say
    2) Having to cope with constant increases in prices of everything despite our pay remaining the same
    3) Having to cope with increases of daily necessities related to GST of 7 percent
    4) Having no money to buy car, no money to take taxi and yet every year have to content with increase in Public Transport fees when they are making high profits each year.
    Maybe that is why we complain.....

  19. #39

    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    Quote Originally Posted by datan View Post
    how come everyone only complain about the costs, never complain about the fruits of the economy ie. property yield, stock markets, highest starting pay for fresh grads in so many years...
    You are just waiting for people to whack your sweet A**.

  20. #40

    Default Re: SBS Transit, SMRT ask to raise bus and train fares

    Quote Originally Posted by centuryegg View Post
    Hmmmm maybe it is because many of us are not

    1) being enbloced and becoming instant millionaires
    2) Are not actively involved in playing the stock markets
    3) Are not fresh grads and hence highest starting pay doesnt affect us
    Hence the reasons you gave for celebrating dont affect us in anyway

    However we are

    1) Not getting pay increases despite what the papers say
    2) Having to cope with constant increases in prices of everything despite our pay remaining the same
    3) Having to cope with increases of daily necessities related to GST of 7 percent
    4) Having no money to buy car, no money to take taxi and yet every year have to content with increase in Public Transport fees when they are making high profits each year.
    Maybe that is why we complain.....
    Agree with you that man......

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