yeah.. the picture is getting clear.. the market is too
small..
SMRT spokeswoman Ms Saw, even said SMRT will only acquire NEL if
they were paid, but ComfortDelgro boss Mr Lim JP said they arent
talking about selling, maybe buying (SMRT).
still.. its just a game by the government..government has high
stakes in both companies.. so of cos, the profits still goes to
their pockets, tho a restructuring excercise means better
flexibility, better planning and more revenue to be earned.
Do note that ALL industries in SG is bound to have competitors.. so
if talking bout monopoly of rail and bus, it sounds ironic!!
and yes.. Gov. wants a share in all industries, even recycling
also, it does not seems that even with 2 operators, there is
competition as both operates diff areas and equities..
competition as in operating nearly parallel routes, with
differences in fares. this scene is similar to petrol comapnies..
no competition at all.. and m not laughing..
