Hi, I'm from SG buses
Recently, our leaders have warned of strong compeition especially
in the infastructure sector (I.e SIA, PSA). So far, they have
already crossed over this and are looking forward. In fact, their
worst time may have actually been over.
PSA - June may set the highest record, 1.8 million (From my
estimation as they are handling at least 60,000 TEU a day compared
to less than 50,000 TEU a day last mth and yr). This will happen to
be the highest ever volume. Shipping lines are increasing volumes
to Singapore, mth by mth. Now ships are delayed by 2 - 24 hrs even
though more crane op and lorry drivers are employed with longer
shift (12 hrs).
SIA - Compeition from budget airlines may make it harder to earn
from regional short haul rts, its long haul direct rts are
"exclusive" like going to New York or LA.
Are they ahead from compeitors now? Or was their warning a careful
caution to Singaporeans?