As realities of high overheads hit home, Transport Minister says
SMRT can take over new train line or consider merger. (ST 29 Oct,
Wednesday)
According to ST, SMRT chief executive Saw Phaik Hwa wants SBST to
pay(offer in the terms of cash) SMRT to run the NEL.
To me, looks like NEL would be stuck with SBST... SBST will lose
money and we won't have new buses...
future looks gloom