Cephas 3rd Gear June 8, 2012 Share June 8, 2012 (edited) I think their new pattern is every time there is fare adjustment, there will be a new committee formed but with the SAME EXCUSE for the increase. Correction, they can have as many committees as they want, but it will always be the SAME RESULT with different EXCUSES... Edited June 8, 2012 by Cephas ↡ Advertisement Link to post Share on other sites More sharing options...
I-LOVE-CARS 1st Gear June 8, 2012 Share June 8, 2012 I think their new pattern is every time there is fare adjustment, there will be a new committee formed but with the SAME EXCUSE for the increase. Yes, that is why i seldom travel by BMW Link to post Share on other sites More sharing options...
Maz0608 3rd Gear June 8, 2012 Share June 8, 2012 Correction, they can have as many committees as they want, but it will always be the SAME RESULT with different EXCUSES... Because the present comittee has run out of ideas for EXCUSES to raise the fare, they need a new comittee to come out with more innovative EXCUSES. 1 Link to post Share on other sites More sharing options...
Seaweed 1st Gear June 8, 2012 Share June 8, 2012 cut pay not cut fare... [laugh] 1 Link to post Share on other sites More sharing options...
KARTer 2nd Gear June 8, 2012 Share June 8, 2012 u need a committee to make another committee....and the committee have to answer to the top committee...and the top committee will need to make another committee to committee the said committee. Get it! wonder what these committees actual commit themselves to? maybe should change the name to confusedee...... Link to post Share on other sites More sharing options...
KARTer 2nd Gear June 8, 2012 Share June 8, 2012 Because the present comittee has run out of ideas for EXCUSES to raise the fare, they need a new comittee to come out with more innovative EXCUSES. the govt / ministry will appoint a "like-minded" committee chairman to appoint "like-minded" committee members.... these pple like to play it safe in order not to rock the boat, else they will be blacklisted, no more future appointments... end of the day:- same old fried rice, refried many times, but its still the same old plate of fried rice... Link to post Share on other sites More sharing options...
KARTer 2nd Gear June 8, 2012 Share June 8, 2012 Correction, they can have as many committees as they want, but it will always be the SAME RESULT with different EXCUSES... how many of them are regular users of trains / buses? how many of them experience the packed trains/buses regularly? Link to post Share on other sites More sharing options...
Gee 1st Gear June 8, 2012 Share June 8, 2012 I can never understand why our LTA is unable to craft out policies and Public transport fee guidelines on its own with inputs from the public and professionals. Why must a committee be doing this job? err.. They need 'feedback' that fits into their masterplan rather than those that don't. Another formality to justify things out.. Wayang as some call it. Link to post Share on other sites More sharing options...
Enye Hypersonic January 20, 2015 Share January 20, 2015 must be election coming... but car owners see a bigger drop in petrol costs than peasants paying fares for public transport rich still win TITLE: Drop in energy prices could see public transport fares reduced: LuiBy Olivia Siong, Channel NewsAsia POSTED: 19 Jan 2015 16:03URL: http://www.channelnewsasia.com/news/singapore/drop-in-energy-prices/1599950.htmlThe next fare review exercise, to take place at the end of 2015, could yield a negative public transport fare adjustment due to the drop in energy prices in 2014, the Transport Minister says. SINGAPORE: The drop in energy prices seen in 2014 could translate to a reduction in public transport fares in the next fare review exercise at the end of the year. Based on available data for 2014, the fare adjustment could be "in the region of negative one per cent", said Transport Minister Lui Tuck Yew in Parliament on Monday (Jan 19), in response to a question on the fall in oil prices. MP Gan Thiam Poh had asked, with regard to the ongoing 2014 fare review exercise, whether the Public Transport Council would consider a reduction of transport fares, as a result of the fall in oil prices since June 2014. However, Mr Lui noted that the ongoing fare review exercise, which started in November 2014, looks at changes in indices for 2013. "We will have to leave it to the Public Transport Council to assess the public transport operators' applications for fare increase, the fare adjustment quantum as given by the formula and the affordability of public transport for Singaporeans, amongst other things, and decide on the fare adjustment," the minister said. The fare formula is pegged to changes in the core consumer price index, wage index and energy index over the preceding year. This reflects the operating cost structure of public transport operators, said Mr Lui. The core consumer price index and wage index account for 40 per cent of the formula each. The energy index component, which accounts for energy and fuel costs, makes up 20 per cent. In the ongoing 2014 exercise, the value of the energy index component was negative 12.6 per cent - due to lower energy prices in 2013 - but the core consumer price index went up by 1.7 per cent, while the wage index saw an increase of 4.3 per cent. The fare adjustment quantum yielded by the formula would have been negative 0.6 per cent for the 2014 fare review exercise. However, the previous fare review exercise had announced a fare increase of 6.6 per cent in two steps. A 3.2 per cent hike was introduced in April last year, with the 3.4 per cent increase to be carried over to the ongoing review. Mr Lui explained that is why there is a 2.8 per cent fare adjustment quantum for the ongoing fare review exercise. The next fare review exercise is set to take place towards the end of 2015 and is based on data for the full year of 2014. - CNA/ek 1 Link to post Share on other sites More sharing options...
Mustank Hypersonic January 20, 2015 Share January 20, 2015 Good news! Link to post Share on other sites More sharing options...
Carnoob Supercharged January 20, 2015 Share January 20, 2015 If can't convinced, confused. 6.6% increased in fare price already set in place, 3.2% already increased, so they are just reviewing the 3.4%. Overall there will be no reduction unless they say, 3.4% scrapped plus a 1% decrease which is not what they had mentioned to papers. Well, some will still say beta than nothing. Link to post Share on other sites More sharing options...
Enye Hypersonic January 20, 2015 Share January 20, 2015 Good news! yes...i think i can drink an additional cup of kopi c per month with the savings Link to post Share on other sites More sharing options...
Mustank Hypersonic January 20, 2015 Share January 20, 2015 yes...i think i can drink an additional cup of kopi c per month with the savings That's good news Link to post Share on other sites More sharing options...
Picnic06-Biante15 Supersonic January 20, 2015 Share January 20, 2015 Good news! Hur .... Quote: "Based on available data for 2014, the fare adjustment could be "in the region of negative one per cent", said Transport Minister Lui Tuck Yew in Parliament on Monday (Jan 19), in response to a question on the fall in oil prices." 1% x $1.00 = 1 cents. Any one time when they increase its 5 to 6 cents .... 1 Link to post Share on other sites More sharing options...
Kangadrool Supersonic January 20, 2015 Share January 20, 2015 when it comes to price increases, always defy gravity one. Go up easy, come down difficult. Hur .... Quote: "Based on available data for 2014, the fare adjustment could be "in the region of negative one per cent", said Transport Minister Lui Tuck Yew in Parliament on Monday (Jan 19), in response to a question on the fall in oil prices." 1% x $1.00 = 1 cents. Any one time when they increase its 5 to 6 cents .... Link to post Share on other sites More sharing options...
Mustank Hypersonic January 20, 2015 Share January 20, 2015 Hur .... Quote: "Based on available data for 2014, the fare adjustment could be "in the region of negative one per cent", said Transport Minister Lui Tuck Yew in Parliament on Monday (Jan 19), in response to a question on the fall in oil prices." 1% x $1.00 = 1 cents. Any one time when they increase its 5 to 6 cents .... If oil goes back to the same price, then you take out this one and say how come is not increSe 1%? But they will tell you got manpower, got rental cost Link to post Share on other sites More sharing options...
Tohto Hypersonic January 20, 2015 Share January 20, 2015 It is a carrot... End of 2015 swee swee for erection.... Link to post Share on other sites More sharing options...
F355 Turbocharged January 20, 2015 Share January 20, 2015 Oil price dropped 60% and transport fare reduce by 1% ??? They just made SP Services , which reduces electrical tariff by 8% , look like a charitable organization . ↡ Advertisement Link to post Share on other sites More sharing options...
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