200Million Profit for SMRT & SBS still not enough!?

[peterlth]

Still want to increase bus/MRT fare?

-----

The profits of MRT and SBS over the years

SMRT + SBS Transit (Net Profit)
===============================
2010: S$ 217.163 million
2009: S$ 217.343 million
2008: S$ 190.519 million
2007: S$ 185.812 million
2006: S$ 159.757 million
2005: S$ 178.088 million
2004: S$ 138.537 million
2003: S$ 91.083 million
2002: S$ 91.351 million
2001: S$ 142.445 million

 

[Char_Azn]

Can U please quote source

 

[Sperminator]

CAN ANYONE TELL ME, if everyone is so unhappy with the transportation system of fare increase, can anyone here tell me that they will boycott the transportation system? I doubt so... no Singaporean have the balls to boycott.

 

[halsey02]

They will tell you, 2010 compare with 2009, -180 ; so you must raise the profit magin, the botttom line to an affirordable level, to attract talesnts to run the companies...AFFORDABLE!

 

[sense]

Still want to increase bus/MRT fare?

-----

The profits of MRT and SBS over the years

SMRT + SBS Transit (Net Profit)
===============================
2010: S$ 217.163 million
2009: S$ 217.343 million
2008: S$ 190.519 million
2007: S$ 185.812 million
2006: S$ 159.757 million
2005: S$ 178.088 million
2004: S$ 138.537 million
2003: S$ 91.083 million
2002: S$ 91.351 million
2001: S$ 142.445 million

Good research!

 

[Yip Hon]

bro. you forgot the "food chain"

.

Still want to increase bus/MRT fare?

-----

The profits of MRT and SBS over the years

SMRT + SBS Transit (Net Profit)
===============================
2010: S$ 217.163 million
2009: S$ 217.343 million
2008: S$ 190.519 million
2007: S$ 185.812 million
2006: S$ 159.757 million
2005: S$ 178.088 million
2004: S$ 138.537 million
2003: S$ 91.083 million
2002: S$ 91.351 million
2001: S$ 142.445 million

 

[halsey02]

bro. you forgot the "food chain"

.

The 'flown in chef from Japan' food chain, or the $2.80 zichar food chain?

 

[red amoeba]

CAN ANYONE TELL ME, if everyone is so unhappy with the transportation system of fare increase, can anyone here tell me that they will boycott the transportation system? I doubt so... no Singaporean have the balls to boycott.

==

how to boycott the public transport? What is the alternative? the biggest problem is when there is oligopoly or monopoly for such essential service. There is high entry barrier for someone keen to start a transport service - stacks of regulations and rules that generally discourage anyone who wants to run a one or two bus services that say, charge relatively lower fares on certain routes.

U wait, after bus & MRT fares increase, the next to come is taxi fares. I guarantee you they will be raised before 2012. U walk? Walk from East to West? Boycott is when you have an alternative.

the only viable option is to get a bicycle loh...but make sure you get those manual paddling one...motorised one also subject to regulations. And you cannot ride on expressways.

And unlike cable tv where you can simply say, fuck it, i won't watch it. Transport is one resource where you need. Its like saying, you find electricity and water too expensive, boycott PUB?

 

[streetsmart73]

CAN ANYONE TELL ME, if everyone is so unhappy with the transportation system of fare increase, can anyone here tell me that they will boycott the transportation system? I doubt so... no Singaporean have the balls to boycott.

hi there


1. aiyoh! arnie bro.
2. how to boycott as the damn public transportation network is a monopoly.

 

[saratogas]

Who will ever get enough of $$$... The rich will just get richer!

 

[streetsmart73]

bro. you forgot the "food chain"

.

hi there


1. bro, good one!
2. yes, exactly.
3. the top sheep get first mah.

 

[sense]

Good research!

SMRT: "One with you, ... only when you pay more."
SBSTransit: "Modelled for Growth,... price hikes help."

 

[Yip Hon]

The 'flown in chef from Japan' food chain, or the $2.80 zichar food chain?

FOOD CHAIN


A food chain is a linear sequence of links in a food web starting from a trophic species that eats no other species in the web and ends at a trophic species that is eaten by no other species in the web. A food chain differs from a food web, because the complex polyphagous network of feeding relations are aggregated into trophic species and the chain only follows linear monophagous pathways. A common metric used to quantify food web trophic structure is food chain length. In its simplest form, the length of a chain is the number of links between a trophic consumer and the base of the web and the mean chain length of an entire web is the arithmetic average of the lengths of all chains in a food web.[1][2][3] Food chain length is a continuous variable that provides a measure of the passage of energy and an index of ecological structure that increases in value counting progressively through the linkages in a linear fashion from the lowest to the highest trophic (feeding) levels.[4][5] Food chains are often used in ecological modeling (such as a three species food chain). They are simplified abstractions of real food webs, but complex in their dynamics and mathematical implications.[2] Ecologists have formulated and tested hypotheses regarding the nature of ecological patterns associated with food chain length, such as increasing length increasing with ecosystem size, reduction of energy at each successive level, or the proposition that long food chain lengths are unstable.[5] Food chain studies have had an important role in ecotoxicology studies tracing the pathways and biomagnification of environmental contaminants. [6]

 

[Yip Hon]

hi there


1. bro, good one!
2. yes, exactly.
3. the top sheep get first mah.

When there is Not enough Food to go around

you ask for more Food .

When you got the FOOD then you are CHAINED



FOOD CHAIN THEOREM WORKS

 

[Alamaking]

Who will complain when more money coming in? pengz...

 

[Yip Hon]

Who will complain when more money coming in? pengz...

bro, look around and you will find some who

complained . These are likely those who

felt that they are left out of the food chain.

thus they are not chained .

 

[halsey02]

FOOD CHAIN


A food chain is a linear sequence of links in a food web starting from a trophic species that eats no other species in the web and ends at a trophic species that is eaten by no other species in the web. .[5] Food chain studies have had an important role in ecotoxicology studies tracing the pathways and biomagnification of environmental contaminants. [6]

- abridged

Not this food chain, this I know, the FOOD CHAIN as in Kofu, Foodfare..whatever...you want 'char kway teow', 'ribeye steak' or 'salami'...remember one 'half ball' asked that question.

 

[Cestbon]

SMRT and SBS need to cut cost on fancy office building . Commuter dont care about operation building. It do not serve passenger. What commuter want is efficency( time schedule) and resonable price compare to other city example HK.
Transport fare for MRT/bus/taxi in Singapore are more expensive that HK.
Why Why Why??
Please dont compare Tokyo/New York.
Just compare with HK is good enough.

 

[Yip Hon]

.


http://sg.news.yahoo.com/blogs/sing...dresses-fare-increase-concerns-165055312.html




Transport Minister addresses fare increase concerns


By Fann Sim


PostsWebsite..By Fann Sim | SingaporeScene – 13 hours ago




Transport Minister Lui Tuck Yew has reassured commuters that the Public Transport Council (PTC) has been judicious in approving fare increases over the years

In a Facebook note posted on Tuesday, he acknowledged the feedback and comments he had received on the transport fares increase application by SMRT and SBS Transit.

The two public transport operators are seeking to increase the total bus and rail fares by 2.8 per cent. Their applications for fare adjustments were submitted to the PTC on 11 July.

Minister Lui wrote that the PTC has been judicious in its assessment of fare adjustments and added that the fare cap system itself ensures that SMRT and SBS cannot increase fares beyond the cap.

"If there is no inflation and no wage increase for the year, the formula allows the PTC to impose a fare reduction of 1.5 per cent on the operators. Hence, they know they have to improve productivity and innovate," he noted.

"Such measures have helped to increase their revenue (and hence profits) through non-fare sources," Lui added.

Besides the fare increases, the minister revealed that he was also paying close attention to the Quality of Service (QOS) delivered by the two operators.

"I have experienced the discomfort and frustrations that commuters faced because of the congestion and the sometimes unreliable service and I share your desire to see improvements to our public transport," he wrote.

"SMRT had added 590 weekly trips from Mar 2011. There will be further improvements later this year when more trains are added. Since LTA began the regular quarterly bus improvement process with the operators in June last year, 64 bus services were improved," he said.

"While we are already running trains at the limit our signalling equipment currently allow during peak hours, we are examining how much further to shorten the intervals between trains during off-peak period."

The minister also shared that the Bukit Panjang LRT system needed to be significantly improved and will soon share more details with commuters.

Describing the current QOS standards for buses as not sufficiently stringent, he revealed that the Ministry of Transport and the Land Transport Authority are in the midst of a study on how to tighten this.

"We will pay particular attention to feeder services. To bring about these improvements, we will need to increase the number of buses and the government will work with the operators to make sure this is done," he said.

 

[singveld]

for malaysian FT coming to singapore to earn money, it will never be enough. maybe they are aiming for 500 millions profit.