you mean more good years to come. :thumbsup:zaxh81 said:After so many "hot" trip on bus still dare to increase.More complains to come.
Wolfgang said:Gentlemen,
May i please remind you that this is a photography forum and not the place to air your grouses. If you wish to discuss the fare hike constructively, then fine. however, if you wish to include elements of Government bashing, then the thread will be closed.
Thank you.
dkw said:First off, the PTC does not generate the request for fare hikes, the bus/taxi companies do.
Next, if you believe the bus/taxi companies are really making such a huge profit from the business, I have a very simple solution for you. Go and buy a few lots of ComfortDelgro or SMRT shares. Your return in dividends will far out-strip whatever small increase in fares you have to pay. The fact is that rising fuel prices have squeezed the profit margins of these transport companies, and have no attraction (for me at least) as an investment oppotunity.
As Gerard Ee of the PTC said, taxi drivers need to feed their families too. Since the last time there had been a fare hike, the price of oil has doubled.
Why blame the PTC? Did they cause the price of crude to rise to US$70+??
dkw said:First off, the PTC does not generate the request for fare hikes, the bus/taxi companies do.
Next, if you believe the bus/taxi companies are really making such a huge profit from the business, I have a very simple solution for you. Go and buy a few lots of ComfortDelgro or SMRT shares. Your return in dividends will far out-strip whatever small increase in fares you have to pay. The fact is that rising fuel prices have squeezed the profit margins of these transport companies, and have no attraction (for me at least) as an investment oppotunity.
As Gerard Ee of the PTC said, taxi drivers need to feed their families too. Since the last time there had been a fare hike, the price of oil has doubled.
Why blame the PTC? Did they cause the price of crude to rise to US$70+??
Ola said:I agreed with you on the taxi part.
But I think public bus fare should not raise.
That is the only mean of cheap transport for the poor.
The poor are already earning lesser?
Why put additional burden on them? :dunno:
jsbn said:There's another cheaper transport FYI....
Walk or ride a bicycle.
dkw said:First off, the PTC does not generate the request for fare hikes, the bus/taxi companies do.
Next, if you believe the bus/taxi companies are really making such a huge profit from the business, I have a very simple solution for you. Go and buy a few lots of ComfortDelgro or SMRT shares. Your return in dividends will far out-strip whatever small increase in fares you have to pay. The fact is that rising fuel prices have squeezed the profit margins of these transport companies, and have no attraction (for me at least) as an investment oppotunity.
As Gerard Ee of the PTC said, taxi drivers need to feed their families too. Since the last time there had been a fare hike, the price of oil has doubled.
Why blame the PTC? Did they cause the price of crude to rise to US$70+??