Bus Operator Profit: $40.6mil, Fine for poor service: $4,500

[cooleo]

Earlier this week, bus operator SMRT Buses was fined $100 by the Public Transport Council (PTC) for overcrowding on service 925.

The other operator SBS Transit was fined $4,500 because some of its buses were overcrowded while others did not arrive frequently enough.

This was the third time both operators had been fined by the PTC for not meeting service standards.

On paper, the fines seem insignificant when one takes into account the profitability of the these two public-listed companies.

SBS Transit's net profit was $40.6 million for the financial year ending 2008. For SMRT Buses, it was $1.5 million for the same period.

 

[cooleo]

A mere slap on the wrist.

That's what Mr Colin Lim, 39, thinks of the fines meted out to the bus operators.

The cafe owner told the New Paper: " If a commuter does not pay the bus fare, he would be fine $20. "But one of the operators is fined only $100 for overcrowding on buses. It doesn't seem fair."

 

[makapaaa]

Not happy ah? Walk loh! Still not happy? Emigrate loh! *hee*hee*​

 

[singveld]

this is a joke, the fine is a joke. i cost more to throw a cigarette butt.