Public Transport Council approves fare increases for trains

thinker SG

SINGAPORE : The Public Transport Council has approved fare increases for trains and buses from July.

Bus and train fares can go up by 10 cents across the board. This is if commuters pay cash.

However, if they use ez-link link cards, fares will increase by one to two cents for buses and one to three cents for trains.

Student fares and prices of student and NS men concession passes will not be increased.

Senior citizens will, however, be affected by this increase.

cimorene SG

Omg…

the Bear SG

when was the last time the PTC rejected a request for an increase?

thing is... how come 42% increase in profits resulted in an increase in fares?

sbst275 SG

Originally posted by thinker:
SINGAPORE : The Public Transport Council has approved fare increases for trains and buses from [b]July.

Bus and train fares can go up by 10 cents across the board. This is if commuters pay cash.

However, if they use ez-link link cards, fares will increase by one to two cents for buses and one to three cents for trains.

Student fares and prices of student and NS men concession passes will not be increased.

Senior citizens will, however, be affected by this increase.

[/b]

Yes... FOR CASH

Please DO NOT mislead ppl.. (I mean for the Bear)

Bus fares for card up 1-2 cents for buses, 1-3 cents for MRT

iveco SG

Up by 1c is still an increase.

sbst275 SG

Yes.. But calculation is wrong...

10 cent even for $0.80 is not even 42%

the Bear SG

where have i misled anyone?

pray tell?

if you have to be an apologist for them, give us some facts.. try not to say that an increase is not one by mumbo-jumbo..

sbst275 SG

Can you make your calculations right?

Since when there is a 42% increase??? Rolling Eyes

leeJZ SG

He said 42% in profits, not fares. Rolling Eyes

sbst275 SG

Oh... OK..

42% is SMRT...

If nor for the tax write-back, profit fell 24%

the Bear SG

sorry.. wrong number.. mea culpa

it was SBST recording a $49 million profit last year..

hmm.. that actually sounds even worse Razz

the Bear SG

with all the figures, i think it's actually sounding worse and worse Laughing

sbst275 SG

Well... Actually, if not for the govt grant for start-up of NEL... SBS was bleeding in 2003... So, the % should be higher

margarita SG

i wonder other than SG what other country's public transport service earn profit .. Question

sbst275 SG

Practically most places

London
China cities
Hong Kong
Taiwan

the Bear SG

are you saying that we should pay for the mismanagement of the NEL?

it was a fiasco from the start... and you KNOW what i meant by fiasco Laughing

but.. back to this: how come an obscene profit and we get hit with higher fares?

pray tell... how do you rationalise this away?

sbst275 SG

There is no mismanagenent for the NEL... At this are the start up cost, just like for any starting biz

Obscence profits? If so ar, all bus rts would have been profitable already, we wun need to have NAC buses used till today Laughing ... And tell you, when aircon buses are needed, have very few.. No ppl take, they then deploy.

shinta SG

they wanna maintain their margins?

they wanna encourage cycling?

iveco SG

SBS was never suited to run a subway line in the same way that SMRT is unsuitable to operate a bus fleet. Had SMRT been in charge of the NEL, Tibs would be left very much alone. Its standards today would still be at 1999 levels.

the Bear SG

mismanagement.. as in the choice of "trains" and the fanfare, bells and whistles which added to the cost of the construction...

and all the other things...

besides, the stupid line took away a lot of routes which people took.. forcing them to take the NEL..

is that a "public transport" company?

or is it a corporation gouging people for $$?

it must NOT be forgotten that this is NOT a private company which does it's damnest to maximise profit.. this is a PUBLIC SERVICE...

the fact that they companies are in the same bed with the PTC should have set off alarm bells an ice age ago... i guess we, Joe Average, will not be heard... we're just proles to be taken advantage of, cogs in the wheel..

nevermind..