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Re-Introduce Competition And Do Away With Transport Monopoly.

Kohliantye

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Let me take you back to the good old Singapore of the 60's. Back then, we had a very good bus system.
We had the Keppel Bus Co, Easy Bus Co, Hock Lee Bus Co operating in the Pasir Panjang areas. The Green Bus Co operating from Rochore to faraway Jurong kampongs, Tay Koh Yat Co operating from Bartley Road to Gu Chia Chwee (Chinatown), Paya Lebar Bus Co operating from the then famed "Hippie" Garden Geylang to Jalan Kayu and Yio Chu Kang Road ends, Ponggol Bus Co from Upper Sgoon to Ponggol End, Katong Bedok Bus Co from Joo Chiat to Telok Paku, Changi and the Singapore Traction Company on routes within the heart of Singapore to Finlayson Green and Tg Pagar.
It was all doing so well and served their traditional routes and areas of operations very effectively, for the original operators of routes did not want to slacken as "others would come into their turf".
Going to various places within Singapore was then a pleasant experience with opportunities to take multi-coloured buses and collecting different types of tickets. Prices were also low and easily affordable. School children were given preferential treatment. Poor kids were commuted free as the conductor made the decision and no one, not even the Ticket Inspectors, dared challenge his decision. Off course some of the conductors were foul-mouthed but at the end of the day they did a good job. In case of breakdowns, the conductors will wait for another of their company bus to come and usher all the stranded passengers inside. Just look at the contingency plans of those days. The conductors then used their initiative and were "operationally-attuned" and "empowered"
Sometime in 1973, the then humble Registry of Vehicles (a government body later to become a filthy rich and fierce LTA) decided to merge these colourful bus companies into 3 entities known as the Amalgamated Bus Company Limited (ABC), the Associated Bus Services (Private) Limited (ABS)and the United Bus Limited (UBS). The government-sanctioned merger was undertaken to improve service standards of the bus transport system, which formed the backbone of public transport then.
The new-born "baby" was listed on the Stock Exchange of Singapore in 1978 and "christened" as Singapore Bus Service (1978) Limited (SBS).
In December 1997 it became part of NTUC and was called Delgro Corporation Limited and in 2001 it became Singapore Transit Limited.
I remember a "National Service" provided by these private bus operators. It occured during the 1964 and 1969 riots, when curfews were declared in all areas of Singapore as a result of communal problems. School children found themselves in a dilemma as they were unable to go home. Along came these buses all over Singapore and managed to bring the stranded kids and passengers to their various depots from where Police Black Marias (police buses) took them home. Did the SBS and Tibs provided such a service during the recent MRT breakdowns? There seems to be no contingency planning and alternative course of action plans. Everything was a total choas. Mind you this is 2011 way ahead of the humble 60's.
I feel that we should allow such players into the markets once again. It will lift a huge burden off the shoulders of the operators and government as when problems like the recent SMRT fiasco rears its ugly head once again, the government will not have to answer to the people. On the contrary, they will hold the operators responsible just like they do to the taxi-opeartors today.
This will introduce fair competition and also encourage the setting up of more SMCs here. Certainly monopolies like the present system has failed miserably in Singapore.
Finally, it would be wise for the government of the day to "listen" to the people on the ground as they are the travelling public and not always "swagger" around as if they (the government) knows best what medicine to give. What happened today is indeed bitter medicine.
 

Scrooball (clone)

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Why u using old bus system to compare against the MRT? Apples and oranges. Very different. The initial outlay for a second rail operator will be enormous. We are talking about laying the same rails, buying the same trains etc. With a population of 6 million and a strong competitor with first mover advantage, when will the second operator breakeven?
 

Devil Within

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This will introduce fair competition and also encourage the setting up of more SMCs here. Certainly monopolies like the present system has failed miserably in Singapore.

Good post. Fair competition will encourage better service and standard and keep price affordable. If any competitors slacken, they will loss their business and the good one will take over. However, our current greedy government will not allow this cos they know that their fat pay useless PAP-related-CEO will go jobless if they allow such competition.
 
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johnny333

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Our neighbours all have independant transport operators: Malaysia, LOS, Indonesia,..... Only Spore has a monopolistic structure, & also million dollar salarie$$ for those working in these monopolies:rolleyes:
 

Agoraphobic

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Our neighbours all have independant transport operators: Malaysia, LOS, Indonesia,..... Only Spore has a monopolistic structure, & also million dollar salarie$$ for those working in these monopolies:rolleyes:

Agreed. Starting with the newspaper.

Gov't by the people, but not for the people?

Cheers!
 

Nice-Gook

Alfrescian
Loyal
Privatization is the answer for our economy.We don't need millions more foreigners.Just by privatizing we create jobs and GDP takes care of itself.But PAP had created another monster by pseudo privatization.Herewith I reproduce what I wrote in another thread:--

What is worse is that oligopoly as Temasek Holdings is unaccountable to none.Contrast with any commercial company whose accounts are open to scrutiny.Even in privatization PAP can set boundaries unreachable by our commercial community,Like the requirement for our presidential candidates.It is so tuned that only PAP ex-ministers becomes qualified.Hence,PAP can do the same in the name of privatization where only their cronies can compete for state assets.

Privatization of state assets is the norm in the global village.The key requirement to take up such opportunities lies in the huge capital one can muster and most importantly the expertise in running such companies.Both are beyond for normal local citizens....Hence usually foreign MNC's compete for this piece of pies.But since most state controlled monopolies are usually strategic goods and services; foreigner's equity is usually limited to below 50%.....even than the expertise to run such monopolies is scarce among locals.For example say,our bus services.Previously there were many bus operators with know-how.Today we have only SBS and Transit with the know-how of operating bus routes.

Good examples are Russia and Indonesia.When the former USSR broke to pieces and communism gave in to capitalism.The opportunity to make a quick buck was abundant.In fact all Russian billionaires made their buck during this time....But the vast majority of Russians under communism could not understand how capitalistic economy worked.So 99.999% Russians could not benefit out of this liberalization.....only those Russians with foreign connection made billions.

Close at home when Indonesia was reeling under the Asian financial crisis during 1997.Their currency depreciate over 300%.The smarter ones moved their liquidity to Singapore and moved the monies back to Indonesia once their currency hit rock bottom.What it actually meant was that now they can buy Indonesian assets for one third of their previous value.Because Indonesian financial institutions were under tremendous stress;their state assets went on fire sales.Most of their banks,telecommunications and media industries became foreign owned.Singapore benefited out of this.

What I am simply saying is that privatization of state assets itself is no good to a nation.The capital and the expertise to run such companies must be available to the public.Under the PAP governance both the capital available and the expertise to run strategic portfolios had been kept within their crony circle.
 
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GOD IS MY DOG

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aiyah...........talk about this kind of thing waste time lah...........


wait till the Lee Clan and their PAP dogs kana kicked out 1st then talk lah..........
 

Nice-Gook

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aiyah...........talk about this kind of thing waste time lah...........


wait till the Lee Clan and their PAP dogs kana kicked out 1st then talk lah..........

Not really lah.Why?Because it create awareness.You may ask how does awareness helps since we are helpless.It does help because PAP unlike regular despots thinks a bit further and attempts obfuscation by duplicity....this is where our awareness outsmart them.

Take the privatization of our power stations.No government in the right mind will privatize such a strategic service.The difference is if in Malaysia an UMNO crony or in Indonesia the president's brother-in-law will own it.And when the regime gets kicked out;these are the first assets frozen and brought to court.

Our awareness will now scrutinize who these foreign buyers are and what is the basis for them to own our strategic state asset.
 
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Narong Wongwan

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I think 40% are already aware.
The other 60% are still living inside the matrix. Good luck trying to wake them up.

Not really lah.Why?Because it create awareness.You may ask how does awareness helps since we are helpless.It does help because PAP unlike regular despots thinks a bit further and attempts obfuscation by duplicity....this is where our awareness outsmart them.

Take the privatization of our power stations.No government in the right mind will privatize such a strategic service.The difference is if in Malaysia an UMNO crony or in Indonesia the president's brother-in-law will own it.And when the regime gets kicked out;these are the first assets frozen and brought to court.

Our awareness will now scrutinize who these foreign buyers are and what is the basis for them to own our strategic state asset.
 
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frenchbriefs

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Asset
i like the name of these bus companies,amalgamated bus company,united bus limited,very ang moh and british sounding.ccb now all the companies all start with Singapore,singapore this singapore that,singapore bus services,singapore telecoms,singapore technologies,singapore post,singapore airlines,i know they want to propagate national propaganda,like everything is under one domain,all is under one dynasty,singapore is a communist dictatorship.u know theres a problem when all ur companies starts with the name of ur country.when li ka shing created a company did he call it Hong Kong Pte Ltd?no he called it cheung keong hutchinson whampoa.when warren buffet started a company did he call it united states holdings?no it was called berkshire hathaway when he bought it.
 
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batman1

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Loyal
Nothing can be changed until the MIW is voted out.
Meantime,generals and admirals are being appointed to LTA as fat cats.
The ballsless and brainless sinkees have voted,they deserved it.
 

halsey02

Alfrescian (Inf)
Asset
i like the name of these bus companies,amalgamated bus company,united bus limited,very ang moh and british sounding.ccb now all the companies all start with Singapore,singapore this singapore that,singapore bus services,singapore telecoms,singapore technologies,singapore post,singapore airlines,i know they want to propagate national propaganda,like everything is under one domain,all is under one dynasty,singapore is a communist dictatorship.u know theres a problem when all ur companies starts with the name of ur country.when li ka shing created a company did he call it Hong Kong Pte Ltd?no he called it cheung keong hutchinson whampoa.when warren buffet started a company did he call it united states holdings?no it was called berkshire hathaway when he bought it.

You forgot ang moh bus company with singapore sounding name...Singapore Traction Company ( STC)..:rolleyes:
 

congo9

Alfrescian
Loyal
Good post. Fair competition will encourage better service and standard and keep price affordable. If any competitors slacken, they will loss their business and the good one will take over. However, our current greedy government will not allow this cos they know that their fat pay useless PAP-related-CEO will go jobless if they allow such competition.

CEO of NOL is the prime example of Meritocracy gone awry wrong. They didn't do anything wrong but they just can't catch the tide and move away and move fast.

They are clever people but they are not suited to run business which needed something beyond them.
 

halsey02

Alfrescian (Inf)
Asset
CEO of NOL is the prime example of Meritocracy gone awry wrong. They didn't do anything wrong but they just can't catch the tide and move away and move fast.

They are clever people but they are not suited to run business which needed something beyond them.

But they were supposedly the best in the land?
 
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