|
18-12-2014, 10:46 AM | #61 |
Hi there !!! 123
Join Date: Dec 2010
Posts: 3,895
|
diew gau hui
|
18-12-2014, 12:02 PM | #62 |
Dragon
Join Date: Nov 2007
Posts: 1,446
|
Perhaps they think we are stupid. Perhaps we are a communist country but democratic in disguise, by having elections. Perhaps perhaps....
From my tiny pea brain.... Cost of Buses Just like taxis and just like equipments in our respective trades. All these are costed into selling price. When it is time to change the tools of trade, it will still come from consumers, as it's costed in. But Singapore's system is indeed unique. Cost of buses are paid using TAX PAYERS monies. Profits goes to shareholders, and who are the largest shareholders? Operating Cost Yes, it's more than just fuel cost. Manpower, facilities, assets, all these are part of the operating cost. If in the past, where fares were at a maximum of $0.80 and that fare was held constant for YEARSSSSS, why is there a need to increase fare almost as a yearly fashion? Has cost went up so drastically yearly? Oh sure, they will say salary increase by X% yearly, thus fare increase X% too. But other operating cost, being costed into the fares too, does it go up so much too? Profit & Loss Yearly, the P&L is promising. How much is enough? Every year increase profit, and yet want to keep increasing fares? If in Taiwan, public transport companies only adjusted fares 3 times in 10 years (as telecast on CNA early this year), and the adjustments were shouldered by their gov, and if there are about 10 transport companies, why is it that there are almost an annual fare adjustment here in Singapore? Something is not right! There is no efficiency in operations? There is no competency in management? There is no financial prudence? There is no trimming of cost to keep the business lean? WHAT? -------------------- Don't need to be very knowledagable or highly educated to understand these. Don't need to be financially literate either. Just some basic logics. Yet I seems to feel we are hood·winked! |
18-12-2014, 02:57 PM | #63 |
Endangered Dragon
Join Date: Dec 2001
Posts: 8,874
|
Cost of Buses
Just like taxis and just like equipments in our respective trades. All these are costed into selling price. When it is time to change the tools of trade, it will still come from consumers, as it's costed in. But Singapore's system is indeed unique. Cost of buses are paid using TAX PAYERS monies. Profits goes to shareholders, and who are the largest shareholders? Totally agreed with u! |
18-12-2014, 05:48 PM | #64 |
Dragon
Join Date: Sep 2011
Posts: 877
|
I think now every year they want bus fare to increase
|
18-12-2014, 06:02 PM | #65 |
Arofanatic
Join Date: Mar 2003
Posts: 195
|
How come Lui never include the Indice for Margin?, so the question I would like to post to him is 2.8% increase is equivalent to how much profit for SMRT?
|
18-12-2014, 06:05 PM | #66 |
Arofanatic
Join Date: Dec 2013
Posts: 50
|
The only positive thing I can say about our transport system is that the fare is charge by distance and cap to a certain fee for a trip.
Don't think Hong Kong has it. Eventhough I appreciate that, to keep hearing transport cost keep going up after the election is damn dulan. |
18-12-2014, 07:43 PM | #67 |
Endangered Dragon
Join Date: Aug 2006
Posts: 22,004
|
Not surprised to hear fare going to increase again lah... pay n pay mah.... very predictable 1...
. |
18-12-2014, 10:25 PM | #68 |
Arofanatic
Join Date: Jun 2003
Posts: 113
|
Does he check if our pay increment can hit 2.8% or more next year ?? Else he is just making our lives more difficult while the Public Transport Operators keep making record profits.......
|
18-12-2014, 10:27 PM | #69 |
Arofanatic
Join Date: Jun 2003
Posts: 113
|
|
19-12-2014, 09:44 AM | #70 | |
Dragon
Join Date: Nov 2007
Posts: 1,446
|
Quote:
Even if pay increment is below 2.8%, they may tell u, add up this year and next year increment, fare increase for both years also below that. |
|
|
Currently Active Users Viewing This Thread: 2 (0 members and 2 guests) | |
|
|