Another price hike - Taxi Fare


Zenten said:
"[FONT=q_serif]Some causes for inflation:[/FONT]

  1. Bad governance: A government that thinks they can spend infinitely.
  2. Supply bottlenecks: Excessive rules or other impediments that prevent entrepreneurs from quickly increasing production.
  3. Global market trouble and supply shock: Such as middle east clashes.
  4. Rent seeking: Setting production quotas and other stupid stuff.

[FONT=q_serif]You can have high growth without inflation. To do that you need to change the road. If the road is not slippery, you might be able to drive really fast without skidding a lot. In the same way, if you can improve infrastructure and work to remove the bottlenecks in production you might be able to manage high growth without inflation."[/FONT]
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Why don't you swap place with LHL and govern Singapore for a month and see whether this country has gone forward, backward or disappeared under your care. :bsmilie:

If you have succeeded then we will proclaim you as our Emperor for Life.:bsmilie:

But if you fail we will turn you into an eunuch serving your new life in Istana. :bsmilie:
 

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Octarine said:
Exactly, it only needs one player in the market that doesn't follow and targets those who want the cheaper ride home. The airlines invented 'Premium Economy', let's see how premium a taxi ride can become [emoji1]
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Make your choice:

Taxi front seat: 1st class.
Back seat: Economy class.
Sitting on top of taxi: Premium economy.
In car booth: Business class.

:)
 

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During peak hours, one can also book a cab that charges by the meter. Yet Uber and Grab is able to charge more with surge pricing, and have lots of business. Why? Because you can't get a regular but cheaper cab.

So one can either wait to get the cheaper metered cab, pay more for Uber or Grab, or take the train or bus. All options have their pros and cons.

And in the first place, why take cabs when trains and buses are much cheaper and adequate if trains don't break down too often?
 

Sion said:
Why don't you swap place with LHL and govern Singapore for a month and see whether this country has gone forward, backward or disappeared under your care. :bsmilie:

If you have succeeded then we will proclaim you as our Emperor for Life.:bsmilie:

But if you fail we will turn you into an eunuch serving your new life in Istana. :bsmilie:
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You tell me why anyone declared Emperor would want to made a eunuch, swap places with LHL and work at the Istana? :)
 

You really have a peg leg Zenten? They should give you handicap discount.
 

Well..well, I’ll be a monkey's uncle! ......... :)
 

The way things are headed, no amount of discount can make up for the way they are screwing us .................... :)
 

Octarine said:
Exactly, it only needs one player in the market that doesn't follow and targets those who want the cheaper ride home. The airlines invented 'Premium Economy', let's see how premium a taxi ride can become [emoji1]
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It takes only one Taxi company to be different.

He must be creative and must be dare not to follow the norm.

If everybody does likewise, there will be no competition. We are back to square one.

Taxi will start to hide until the time is up... then they strike back.. hee hee strike at your pocket!
 

Jedi said:
While some of the members are still kpkb about 30% water price hike, both PTC and LTA jointly announced on the taxi fare hike.

http://www.channelnewsasia.com/news...light-to-introduce-surge-pricing/3603036.html

MAS was very concerned for deflationary in Singapore for the last 2 years. Finally, it will head north with all these hikes.
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lol.. I don't get why they are very concerned about deflationary spiral. must everything go up ? :dunno:
 

Zenten said:
"[FONT=q_serif]Some causes for inflation:[/FONT]

  1. Bad governance: A government that thinks they can spend infinitely.
  2. Supply bottlenecks: Excessive rules or other impediments that prevent entrepreneurs from quickly increasing production.
  3. Global market trouble and supply shock: Such as middle east clashes.
  4. Rent seeking: Setting production quotas and other stupid stuff.

[FONT=q_serif]You can have high growth without inflation. To do that you need to change the road. If the road is not slippery, you might be able to drive really fast without skidding a lot. In the same way, if you can improve infrastructure and work to remove the bottlenecks in production you might be able to manage high growth without inflation."[/FONT]
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Why blame the government.

Blame the society. Society is very fluid and it follows the trend.

If everybody pay, it becomes norm.

Time will tell.
 

Yappy said:
Why blame the government.

Blame the society. Society is very fluid and it follows the trend.

If everybody pay, it becomes norm.

Time will tell.
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...........Stop asking why they keep doing it but ask why you keep allowing it . :)
 

Zenten said:
The 30 vs 70 rule still applies....... 70℅ deserve what they asked for.......LL .......Majullah!!!!
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Maybe the 70 percent shld subsidies the 30 percent that didn't ask for this...
 

Not sure if that one day where everyone say it is enough ..and stand up to these overpaid disconnected underperforming junks ... will come anytime soon
 

She said it ......... too bad she ain't around to see it happen ........ :cry:

[video=youtube;CxYRbzGi8Rg]https://www.youtube.com/watch?v=CxYRbzGi8Rg[/video]
 

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I am really surprised SG has taxis at all. Cars are so freaking expensive how do they make any money let alone profit? Are taxis govt owned?
 

The cab drivers rent them from the Taxi companies ..... some of them are Govt owned.
 

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