SBS Transit, SMRT ask to raise bus and train fares

[Reno]

I oso heard rumours too concerning HDB flat application. I am sure this is all groundless rumour circluated for fun. Its always quoted from colleague frd's relative or so and so's friend and relative

皮蛋 kor kor relax

Let's not digress into politics

Hiaz... got a feeling Mr datan is gona have the final laugh :bsmilie:

皮蛋 kor kor relax ?? :think:

Ya... agree with you... Mr Datan is going have the final laugh.... :bsmilie:

 

[Static]

皮蛋 kor kor relax ?? :think:

Ya... agree with you... Mr Datan is going have the final laugh.... :bsmilie:

I too lazy to quote his post. Ok will edit

Humph.. Akan Datang happy liao

 

[reachme2003]

could you pls direct us to the source of the 'quote' by mm? thanks.

From what I know some of the 66.6 percent who voted are civil servants who dont dare to vote for the opposition as there is a rumour that their votes are tracked and their careers will be finished if they are found to vote against the ruling party. There is also this rumour that our votes are not secret as they all have serial numbers that correspond with our IC numbers hence many people dont dare to vote against the ruling party as they fear reprisals.

Also our MM Lee recently said this..."if the opposition wins, the army will have to move in!" This statement cause some alarm to mean that the ruling party has control of the military and that it will move it in to crush the opposition even if they have been elected. Some also said it could mean Singapore will decline to the point the army will move in. No explaination was given by MM Lee of his statments, it was a case of let you guess for yourself and see if you dare to risk it.

As for voting.. honestly how many of us actually get to vote? Each election, the country is craved up into GRCs that ensure the ruling party's seats are secured. We have strange allocations like Toa Payoh being part of Marine Parade GRC..... it explains alot....

 

[CYRN]

are you referring to the privately owned lines like "Metrobus, Triton, Len Seng, Selangor Ombnibus (sic) and SJ Bus"? These seem to be similar to our own private buses which ply limited roues. Maybe we need a Malaysian to clarify?

The thing is, are you aware of the restriction those private bus companies have in Sg. Else, do you think SBS would even ask for a fare rise. Why can't we have private bus providing express services in and out of City areas?

And this time, dun ask mi to point the link to you.. search yourself from gov website.

 

[Reno]

I too lazy to quote his post. Ok will edit

Humph.. Akan Datang happy liao

Ooooh... okay... got what you mean... :sweatsm:

 

[Reno]

The thing is are you aware of the restriction those private bus companies have in Sg. Else, do you think SBS would even ask for a fare rise. Why can't we have private bus providing express services in and out of City areas?

Ya... heard of those restriction. The private bus company are interviewed before, that was regarding about closure of certain route by the public transport due to not profitable or something, the private bus company mention that the route is not consider non-profitable and they are willing to do the service for that routine, however the government or LTA do not allow this. Sigh.....

Cyrn, they do have private bus providing such express services, those green colour one.. but they are only allow to operate at a particular timing.... usually for those pple working in CBD area.

 

[centuryegg]

Apologies for digressing... paiseh paiseh... back to transport

 

[CYRN]

Ya... heard of those restriction. The private bus company are interviewed before, that was regarding about closure of certain route by the public transport due to not profitable or something, the private bus company mention that the route is not consider profitable and they are willing to do the service for that routine, however the government or LTA do not allow this. Sigh.....

Cyrn, they do have private bus providing such express services, those green colour one.. but they are only allow to operate at a particular timing.... usually for those pple working in CBD area.

What I remembered was due to duplicate route by the rails, the bus companies did a re-routing exercise to "optimise" routes. As such, there were quite a few point-to-point trips are now 2 bus trips. Private bus companies saw opportunities to fill in those gaps but however, the "service quality" enforced by LTA such as frequency, timetable and EZ link facility... the last is very heavy investment for private companies.

tink those green "vans" are subsidery of one of the transport company.. can't remember if it's SMRT or Comfort... :dunno: But they are not what I meant, they cater to a premium market. I'm refering to those 40 seaters buses.

 

[Reno]

What I remembered was due to duplicate route by the rails, the bus companies did a re-routing exercise to "optimise" routes. As such, there were quite a few point-to-point trips are now 2 bus trips. Private bus companies saw opportunities to fill in those gaps but however, the "service quality" enforced by LTA such as frequency, timetable and EZ link facility... the last is very heavy investment for private companies.

tink those green "vans" are subsidery of one of the transport company.. can't remember if it's SMRT or Comfort... :dunno: But they are not what I meant, they cater to a premium market. I'm refering to those 40 seaters buses.

Bro... i make a mistake in my sentence.... Already done my correction.. they are in red :sweatsm:

"The private bus company are interviewed before, that was regarding about closure of certain route by the public transport due to not profitable or something, the private bus company mention that the route is not consider non-profitable and they are willing to do the service for that routine, however the government or LTA do not allow this. Sigh....."

 

[mohgui]

Cyrn, they do have private bus providing such express services, those green colour one.. but they are only allow to operate at a particular timing.... usually for those pple working in CBD area.

these are the Bus Plus right? are they really private? i think it's an extension of TIBS previously (and now SMRT). correct me if i'm wrong.

 

[CYRN]

Bro... i make a mistake in my sentence.... Already done my correction.. they are in red :sweatsm:

"The private bus company are interviewed before, that was regarding about closure of certain route by the public transport due to not profitable or something, the private bus company mention that the route is not consider non-profitable and they are willing to do the service for that routine, however the government or LTA do not allow this. Sigh....."

non-profitable, IIRC was because SBS was comparing the bus service cannabilising from NEL thus it's not profitable for SBS to maintain that route.

But that route (in itself) is profitable.

 

[datan]

regarding vote tracking, pls read this article...
http://www.wp.org.sg/news/hammer_online/05_vote_secret.htm

 

[centuryegg]

regarding vote tracking, pls read this article...
http://www.wp.org.sg/news/hammer_online/05_vote_secret.htm

yeah that's why I said it is rumour... anyway put it this way this rumour works very well in favour of the party... without needing to lift a finger, everyone who dont want to vote for them also votes for them due to fear...

 

[contaxable]

...and how many of the remaining 66% voted out of fear? how many of 66% voted the same way because that is all they now? how many of the 66% voted that way because of ricebowl tactics and politics?

don't be so closed minded because not everyone voted for pappies because they liked them, i bet you a lot of them voted that way out of fear...fear of government and fear of change and fear of all the rhetoric of how a new party will run the country into the ground.

I didnt say that the 66% are happy voters. Some are stirken with fear as they vote; some believe in what they believed 40yrs ago as they went thru the phases; some cant be bothered and go with the norm as they enjoy their comformt zones.

My mind is opened and I read from both ends. If we understand what politics really is during votes clamouring, it can be a good laugh actually. Politics comes as a package if you know what I mean.

The good thing is people are begining to think, react and question about policies. In the past, we were not even allowed to air much of a real opinion.

As for political leaders in alternative parties, I am aware there are good candidates with capable skills and a clean heart. Then vote for these individuals that one believes. My main point is we should not vote out of anger or revenge. It should be an informed decision if it matters more.

I hope I clarified my points and this is not an attack on any individual here.

 

[Hawaiisg]

I didnt say that the 66% are happy voters. Some are stirken with fear as they vote; some believe in what they believed 40yrs ago as they went thru the phases; some cant be bothered and go with the norm as they enjoy their comformt zones.

My mind is opened and I read from both ends. If we understand what politics really is during votes clamouring, it can be a good laugh actually. Politics comes as a package if you know what I mean.

The good thing is people are begining to think, react and question about policies. In the past, we were not even allowed to air much of a real opinion.

As for political leaders in alternative parties, I am aware there are good candidates with capable skills and a clean heart. Then vote for these individuals that one believes. My main point is we should not vote out of anger or revenge. It should be an informed decision if it matters more.

I hope I clarified my points and this is not an attack on any individual here.

no worries, your cool with me...good points too. only reason i jumped in on this thread is because there are a lot of good bright well educated people and eventhough i'm a foreigner, i'd just like to people to see through all the smoke and rhetoric. it's not for me, but it's for all of you. it's disturbing for me to see so many people so fearful of people and the establishments they put in power yet will not hesitate to jump all over each other for the smallest of things, and it's even gotten me to be that way...not fearful, but very arguementative and i hate being that way, it's not what i'm accustomed to.

but i think this fear or the frustration of not being heard or having a voice is what leads to a feeling of being unhappy or even being boxed in or frustrated for a lot people. i don't think money is really the issue, i think it's not having a voice about your money that is at the root of it all. to be frank, i think if you guys could speak out against your government freely and without fear, i think there would be less arguing amongst yourselves...because i've never been in a place where arguing and complaining seems second nature to breathing and i really think it's because you have to release your anger or frustrations somewhere and apparently it seems to be against one another.

i dunno, i could be wrong, but it's what i see and i just think you guys deserve better or at least a voice...we all do. i mean with quotes like one bro has shown about bringing in the army if the opposition wins, it's no wonder why there seems to be such an angry spirit that really shows i think more than people really understand. singapore is a shallow place, meaning once you scratch the happy surface, you see a lot of discontent among its people and despite what some might think i truly wish the best for all of you 10 cent bus fare raise or not.

you guys have a good day and i apologise if i brushed anyone the wrong way.

 

[centuryegg]

Hawaiisg,

I would say you hit the nail on the head... or simply put it, you got it right.

It is not about the few cents of increase that we are arguing about but rather the fact that we are never consulted and our government treats us like sheep that cannot think and hence they must think for us. To add insult to injury, we have supporters of the govt who blindly support them and diss all opposing views.

As I said before, loyalty to country doesnt mean loyalty to party and it most certaintely doesnt mean that if I dont agree with the govt's views, I am disloyal.

 

[dominator]

Raise or not raise........when will the safety level be raised?

Another died on the track yesterday at tampiness mrt station.

 

[contaxable]

No problem, sir; I am cool - as always. There is another facet of politics which not many people see. And that is external threats. In SEA, we are the only Chinese running government. If there is disharmony and overthrown of power with major coup, external threats will seep in and this is only a 40x60km island. This is real politics but it is not allowed to be talked about much. These threats are real; this is the bigger picture that my dad shared with me some years back. It had since opened up my understand how difficult and delicate the racial (harmony) fabric can be.

And to all, sorry for the OT.

no worries, your cool with me...good points too. only reason i jumped in on this thread is because there are a lot of good bright well educated people and eventhough i'm a foreigner, i'd just like to people to see through all the smoke and rhetoric. it's not for me, but it's for all of you. it's disturbing for me to see so many people so fearful of people and the establishments they put in power yet will not hesitate to jump all over each other for the smallest of things, and it's even gotten me to be that way...not fearful, but very arguementative and i hate being that way, it's not what i'm accustomed to.

but i think this fear or the frustration of not being heard or having a voice is what leads to a feeling of being unhappy or even being boxed in or frustrated for a lot people. i don't think money is really the issue, i think it's not having a voice about your money that is at the root of it all. to be frank, i think if you guys could speak out against your government freely and without fear, i think there would be less arguing amongst yourselves...because i've never been in a place where arguing and complaining seems second nature to breathing and i really think it's because you have to release your anger or frustrations somewhere and apparently it seems to be against one another.

i dunno, i could be wrong, but it's what i see and i just think you guys deserve better or at least a voice...we all do. i mean with quotes like one bro has shown about bringing in the army if the opposition wins, it's no wonder why there seems to be such an angry spirit that really shows i think more than people really understand. singapore is a shallow place, meaning once you scratch the happy surface, you see a lot of discontent among its people and despite what some might think i truly wish the best for all of you 10 cent bus fare raise or not.

you guys have a good day and i apologise if i brushed anyone the wrong way.

 

[zcf]

Increase in earning.... while still applying on price increase approval :sweat:

http://www.straitstimes.com/Money/Story/STIStory_148257.html

ComfortDelGro, SBS Transit post higher interim earnings
By Christopher Tan, Senior Correspondent


A TWO-POINT cut in the corporate tax rate to 18 per cent took $10.3 million off ComfortDelGro's taxation bill for the six months ended June 30.

That helped the transport giant post a 10.5 per cent or $10.8 million rise in net earnings to $113.9 million for the first half.
The interim profits came on the back of an 8.6 per cent rise in revenue to $1.46 billion, and came despite an 8.5 per cent rise in expenses to $1.3 billion and a plunge in investment income.
Bus leasing charges and insurance and accident compensation saw the biggest percentage rises in cost. They rose by 27.5 and 24.9 per cent to $39.4 million and $44.7 million respectively.
Metroline, its British subsidiary, leases some of its 1,100 buses because certain routes it plies are on short contracts.
Manpower, ComfortDelGro's biggest cost component, rose by 11.5 per cent to $463.9 million because of expanded operations in Australia, China and Britain.
At half-time, the overseas contribution to turnover stood at 47 per cent, up from 45 per cent previously. Much of the growth came from Australia, where the group has a 51 per cent-owned bus business.
'I believe that our portfolio will continue to build value for our shareholders,' said group managing director Kua Hong Pak. 'Certainly, much of the growth going forward will come from our overseas operations.'
Group earnings per share rose to 5.49 cents, from 4.98 cents. Net asset value per share stood at 72.48 cents, from 69.61 cents at Dec 31 last year.
Directors are recommending an interim dividend of 3.35 cents plus a special dividend of 4.15 cents. The payouts last year were 3.125 and 3.375 cents respectively.
Citigroup Singapore strategist Lim Jit Soon said the dividend rate was 'in line with expectations and described ComfortDelGro's performance as 'commendable'.
The transport group's Singapore subsidiary, SBS Transit, posted a 20.4 per cent rise in interim net earnings to $31.6 million on the back of an 8.4 per cent rise in turnover to $320.9 million.
Its earnings per share rose from 8.66 cents to 10.37 cents, while net asset value per share stood at 82 cents, from 90 cents previously.
SBS Transit, which operates most of the buses in Singapore as well as the North-East MRT Line, enjoyed higher ridership, higher fares and higher advertising revenue.
Fuelled by sharply higher ridership, its rail operations made $3.7 million, reversing a loss of $1.5 million.
SBS Transit is declaring an interim dividend of six cents, up from five cents previously. It has applied for a fare increase this year, which if approved, will take effect from October.

 

[compro_1975]

i wonder why they can not make used of their overseas investments to earn and earn out of their own ppl