Ktglfc Hypersonic November 21, 2014 Share November 21, 2014 If fare decreases it will most likely be called "fare adjustment". If they announce fare review it means they want to review how many % to increase. Anyone can recall when was the last time the fare decreases? Like never lor. Fare, like age, can only go UP, and no downnn ↡ Advertisement Link to post Share on other sites More sharing options...
Carnoob Supercharged November 21, 2014 Share November 21, 2014 Still another example of trying to achieve GDP... keep increasing fares so transport company can stay profitable... Anyone on their board of directors? More fares = more dividends = more money... eventually citizens just pay and pay to keep the vicious GDP cycle running... For the GOOD of Singapore... MORE MONEY MORE MONEY... 1 Link to post Share on other sites More sharing options...
Kangadrool Supersonic November 21, 2014 Share November 21, 2014 Never talk about upping service quality, frequency, reliability. Keep harping on upping fare increase. 1 Link to post Share on other sites More sharing options...
Jeffc 5th Gear December 15, 2014 Share December 15, 2014 If oil is staying low for this period of time, we are going to see what those jokers from ptc are going to justify for the coming fare increase. Link to post Share on other sites More sharing options...
Jp66 5th Gear December 15, 2014 Share December 15, 2014 this will give us a guide whether GE is going to happen in May 2015 If oil is staying low for this period of time, we are going to see what those jokers from ptc are going to justify for the coming fare increase. Link to post Share on other sites More sharing options...
Watwheels Supersonic December 15, 2014 Share December 15, 2014 Tell ppl to swallow bitter pill now. So ppl LL have to do it. How liberal our society is after almost 50years of independence and democracy. "I say. You do it. No questions asked." Link to post Share on other sites More sharing options...
Vid Hypersonic December 15, 2014 Share December 15, 2014 Tell ppl to swallow bitter pill now. So ppl LL have to do it. How liberal our society is after almost 50years of independence and democracy. "I say. You do it. No questions asked." So GST increase to 10%? Link to post Share on other sites More sharing options...
Kb27 Supersonic December 15, 2014 Share December 15, 2014 Public transport fare will never decrease. It's only one-way street to increase. We all know it's a monopoly and that's what we get. Private bus companies are more or less locked out. If they are allowed to operate, they will undercut price. Then SMRT, SBS will complain. They will complain about everything, about maintenance, cost, salaries, etc... maybe they need to maintain bus stops (who knows?) Or do we need fancy bus stops or just a simple pole will do ? Link to post Share on other sites More sharing options...
Watwheels Supersonic December 15, 2014 Share December 15, 2014 So GST increase to 10%? It kinds of applies to all, not just GST. Link to post Share on other sites More sharing options...
Stepspro 3rd Gear December 18, 2014 Share December 18, 2014 Public transport fare hike capped at 2.8% for 2015: Lui Tuck Yew http://transport.asiaone.com/news/transport/story/public-transport-fare-hike-capped-28-2015-lui-tuck-yew#sthash.coprS81e.dpuf "This is lower than the original roll-over figure of 3.4 per cent from the last fare review in January, and is largely due to a fall in energy costs. " "We know that energy costs have come down, as compared to 2012 ... The maximum that is allowed for this particular fare increase will be 2.8 per cent," said Mr Lui said in an interview with Channel NewsAsia (CNA). Link to post Share on other sites More sharing options...
Goldbug 6th Gear December 18, 2014 Share December 18, 2014 Public transport fare hike capped at 2.8% for 2015: Lui Tuck Yew http://transport.asiaone.com/news/transport/story/public-transport-fare-hike-capped-28-2015-lui-tuck-yew#sthash.coprS81e.dpuf "This is lower than the original roll-over figure of 3.4 per cent from the last fare review in January, and is largely due to a fall in energy costs. " "We know that energy costs have come down, as compared to 2012 ... The maximum that is allowed for this particular fare increase will be 2.8 per cent," said Mr Lui said in an interview with Channel NewsAsia (CNA). Our buses use special diesel Link to post Share on other sites More sharing options...
Kyrios Turbocharged December 18, 2014 Share December 18, 2014 Kelong to Lui.. Sometimes when I dun drive and depend on the feeder bus service to take me out to the main road from my ulu office, the buses take as long as 35-40mins to arrive using the SBS transit online bus arrival information..pui.. 1 Link to post Share on other sites More sharing options...
Evillusion Supersonic December 18, 2014 Share December 18, 2014 cb lar......buy for them new buses using our money.....then allow them to increase fare.....nb....jin ho chiak! 3 Link to post Share on other sites More sharing options...
Solar Turbocharged December 18, 2014 Share December 18, 2014 Public transport fare hike capped at 2.8% for 2015: Lui Tuck Yew http://transport.asiaone.com/news/transport/story/public-transport-fare-hike-capped-28-2015-lui-tuck-yew#sthash.coprS81e.dpuf "This is lower than the original roll-over figure of 3.4 per cent from the last fare review in January, and is largely due to a fall in energy costs. " "We know that energy costs have come down, as compared to 2012 ... The maximum that is allowed for this particular fare increase will be 2.8 per cent," said Mr Lui said in an interview with Channel NewsAsia (CNA). Useless bum. Why not change his statement to Minimum allowed for fare decrease will be 2.8%, for a change! 1 Link to post Share on other sites More sharing options...
Aventador 6th Gear December 18, 2014 Share December 18, 2014 All Govt Agencies will finish all price increases in 2014 2015 will be a beautiful year to prepare for the year end elections 2 Link to post Share on other sites More sharing options...
Scion Turbocharged December 18, 2014 Share December 18, 2014 The fare formula is based on four components - core CPI (consumer price index) inflation, average wage increase, energy index, and productivity index. dunno how they calculate... CPI - surely increase cos inflation Wage increase - maybe stagnant for most or probably a few % Energy index - already dropping like grapes but how much is its weightage? Productivity index - will increase by pumping in more foreigners overall, the fare will increase... rubbish 2 Link to post Share on other sites More sharing options...
Stepspro 3rd Gear December 18, 2014 Share December 18, 2014 dunno how they calculate... CPI - surely increase cos inflation Wage increase - maybe stagnant for most or probably a few % Energy index - already dropping like grapes but how much is its weightage? Productivity index - will increase by pumping in more foreigners overall, the fare will increase... rubbish 1 component inside CPI is transportation cost. Inside transportation cost has bus fare, train fare + private car. Private car cost increase insanely. Poor people taking public transport must also pay more to be fair. We are one people. One nation. bus fare increase wil cause CPI to incease. So, this will ensure the bus fare will forever increasing. 2 Link to post Share on other sites More sharing options...
Mustank Hypersonic December 18, 2014 Share December 18, 2014 How I wish my boss will gimme a raise of 2.8% Wouldn't say no to more though ↡ Advertisement 3 Link to post Share on other sites More sharing options...
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