- Joined
- Dec 30, 2010
- Messages
- 12,730
- Points
- 113
On 15 December 2011, SMRT failed us. Train disruptions across the North-South line left 127,000 MRT commuters stranded, and 4,000 trapped in trains. Services were disrupted again on 16 December 2011. These are not isolated incidents; they are merely the most visible. In 2010, there were 28 disruptions of MRT services, and up until October this year there have been 17. SMRT’s stewardship of the Bukit Panjang Light Rail Transit (“LRT”) has been similarly woeful: 32 delays between 2008 – November 2010, 8 of which lasted longer than 30 minutes.
Despite the above SMRT’s net profits have grown from $56.8 million in 2002 to $161.1 million in 2011. Despite this, SMRT applied to the PTC for a 2.8% increase in fares in the latest round of fare increase in 2011 on the premise of “rising fuel prices and manpower costs”.
As the profit margins of SMRT increased, so too did the wages of senior management in SMRT. CEO of SMRT Ms Saw Phaik Hwa was paid $1.85 million in cash and shares last year, an increase of 11% from the year before.
In light of the aforementioned, we, petition the Government and the Board of Directors of SMRT to restore the public’s trust in SMRT by doing the following:
- http://theonlinecitizen.com/2011/12/restore-the-publics-trust-in-smrt/
Despite the above SMRT’s net profits have grown from $56.8 million in 2002 to $161.1 million in 2011. Despite this, SMRT applied to the PTC for a 2.8% increase in fares in the latest round of fare increase in 2011 on the premise of “rising fuel prices and manpower costs”.
As the profit margins of SMRT increased, so too did the wages of senior management in SMRT. CEO of SMRT Ms Saw Phaik Hwa was paid $1.85 million in cash and shares last year, an increase of 11% from the year before.
In light of the aforementioned, we, petition the Government and the Board of Directors of SMRT to restore the public’s trust in SMRT by doing the following:
- http://theonlinecitizen.com/2011/12/restore-the-publics-trust-in-smrt/