New public transport fare review committee

[Wt_know]

fine fine fine !!!!

oopps .... please don't don't don't

wait PTC make fare review again ...

.

.

.

after fine ... who's gonna foot the bill?

 

This morning north south line got problem

 

Edited January 23, 2015 by Wt_know

[Ktglfc]

This morning north south line got problem

 

As usual, this is nothing surprising

No surprise that fares gone up, and also no surprise that services are always disrupted

 

We grumbled more, fares still go up, and services still disrupted ...

[Mustank]

 

http://newnation.sg/2015/01/sporeans-apologise-to-transport-minister-lui-tuck-yew-for-causing-public-transport-fares-to-increase-again/

S’poreans apologise to Transport Minister Lui Tuck Yew for causing public transport fares to increase again

 

They say they are very sorry.

 

 

 

Singaporeans from all walks of life, who enjoy taking public transport because cars are for rich people, have come out to publicly apologise to Transport Minister Lui Tuck Yew.

 

This after it was announced by the Public Transport Council (PTC) that bus and train fares will increase by 2 to 5 cents from April 2015 to provide more crowded bus and train services for the masses.

 

Singaporeans who heard the news expressed their sincerest apologies for pushing prices upwards again for the umpteenth year running, and accepting responsibility for their careless usage of buses and trains all the time.

 

One Singaporean, Didi Heng Lui, said she is feeling guilty for not being rich enough to afford to buy a car to drive: “I am so sorry. If only I can make more money and buy my own car, I would not be so reliant on public transport all the time and cause it’s operation costs to increase because of my constant usage.”

 

Other locals said they feel it is all their fault as they could have done more to coordinate with fellow public transport-commuting Singaporeans before leaving the house each day to avoid congestion.

 

Jin Juey Lang, said: “I am sorry for causing overcrowding on train platforms by not coordinating with other commuters on the appropriate time to go out so as not to clash with them.”

 

However, other Singaporeans said they can totally understand the logic of the fare hike.

 

Tan Dua Lui, another local, said: “They always say 2 to 5 cents is a minimal increase and Singaporeans won’t feel the pinch.”

 

“Then why not don’t increase at all? The public transport companies will also not feel the benefits since it is such a small increase.”

 

“And why is it that the guy who doesn’t take public transport dictate how much the rest of us who take public transport have to pay?”

 

All the times Singaporeans are very, very solly:

 

S’poreans apologise to SMRT CEO for causing his trains to frequently break down

 

S’poreans apologise to SMRT for dry humping one another at Lakeside MRT station

[Strat]

This morning north south line got problem

 

Every time there are delays caused by breakdown, LTA should not fine the operators.

 

They should impose mandatory rebates for those passengers affected,

Imposing fines the operators is basically left pocket to right pocket and most of the time, the fines are too minimum to impact the big pockets of the operators.

[Kamani]

 

Every time there are delays caused by breakdown, LTA should not fine the operators.

 

They should impose mandatory rebates for those passengers affected,

Imposing fines the operators is basically left pocket to right pocket and most of the time, the fines are too minimum to impact the big pockets of the operators.

Like that means all MRT stations must keep goody bag - containing vouchers/refreshments/tissues/loss of income claim form/missing date claims on standby as when one train breaks down almost all the stations along the route too will be affected too for a while

[Jeffc]

fine fine fine !!!!

oopps .... please don't don't don't

wait PTC make fare review again ...

.

.

.

after fine ... who's gonna foot the bill?

Should just cut a certain % of the ceo or management pay to foot the fine.

[Wt_know]

after the rebate ... operator "profit" is affected.

then ... no need genius to figure out ... what's next

 

 

Every time there are delays caused by breakdown, LTA should not fine the operators.

 

They should impose mandatory rebates for those passengers affected,

Imposing fines the operators is basically left pocket to right pocket and most of the time, the fines are too minimum to impact the big pockets of the operators.

 

[Super7]

fine fine fine !!!!

oopps .... please don't don't don't

wait PTC make fare review again ...

.

.

.

after fine ... who's gonna foot the bill?

 

 

 

PASSENGERS!!!!!

[Super7]

Should just cut a certain % of the ceo or management pay to foot the fine.

 

Train delays / breakdowns are all isolated cases.... why cut pay of CEO / management? it's train-drivers and maintenance workers' faults hor!!! [sweatdrop]

[Porker]

In the meantime across the Pacific:

 

Gas prices appear headed below a nationwide average of $2 a gallon (that's 53 cents a liter if you don't know the conversion rate) in coming days, one of the swiftest declines on record and one that is beginning to ripple through the U.S. economy in ways both familiar and unpredictable.

Restaurants and bars are seeing their best sales growth in years. Americans are driving more—and buying bigger cars and trucks. Consumer confidence is sitting at an 11-year high, with lower-income households showing the biggest improvement. And some households are using the savings at the pump to get caught up on debts.

But the drop in oil prices is also testing the nation’s booming energy sector, spurring layoffs and cutbacks. The speed of the decline, which partly reflects a deteriorating outlook for global demand, has unsettled Wall Street, putting stock and bond investors—already uneasy over sluggish global growth—on the lookout for clues that the U.S. might be hurt more than previously thought.

Still, for the nation as a whole, economists generally say the benefits of cheaper gas will outweigh those costs. “To the extent you’re seeing weakness, it’s very concentrated and somewhat dramatic,” said Tim Duy, an economics professor at the University of Oregon. “It’s more evident than the additional spending power that any one family is going to have, which will be spread fairly thinly,” even though in the aggregate, “it will end up being a significant positive.”

Average pump prices—$2.04 a gallon Thursday—are now down more than 40% since last June, when they stood near $3.68 a gallon, according to the auto club AAA. Gas prices are below $2 a gallon in 27 states. Since 1980, gas prices have only once seen a bigger six-month decline. That came during the 2008 financial crisis and was driven almost wholly by a collapse in demand, while the current slowdown has stemmed from both higher supply and weaker global demand.

The drop in gas prices comes amid an economic expansion that has shown signs of acceleration. Job growth last year ran at its best pace in 15 years, and the economy during the third quarter expanded at a 5% seasonally adjusted annual rate, its strongest pace in 11 years.

“Lower gasoline prices should provide some relief in the near term for many households who live paycheck to paycheck,” particularly against a backdrop of weak wage growth and rising housing and health insurance costs, Howard Levine , chief executive of Family Dollar Stores Inc., said recently.

Mr. Levine told analysts this month that while Family Dollar’s typical shopper is “still struggling,” customer traffic at the discount retailer notched its strongest growth in two years last month, punctuated by its highest ever sales for a single day on Christmas Eve.

Falling gas prices benefit lower- and middle-income households more than top earners because energy costs account for a higher share of their income. The bottom fifth of earners spent around 12% of their after-tax income on gas last year, compared with around 3% for the top fifth of earners, according to Wells Fargo. If prices remain at current levels, the lowest-income households will spend around 8.3% of their income on gas this year, compared with around 2% for the highest-income households.

“Most restaurants depend on what’s happening with the middle class, and with gas prices down so much, we are seeing across-the-board increases” in sales, said David Barr, chairman of Your Pie, a fast-casual pizza chain with stores in four southern states.

“Anything in quick-service dining is seeing quite a bit of the benefit,” said Mr. Barr, who also owns 23 KFC chicken franchises.

To be sure, lower oil prices have a thorny underside for Texas, North Dakota and other regions where higher energy prices unleashed a boom in drilling, thanks to advanced extraction techniques from shale-oil formations. Field-service companies are cutting jobs and drill-rig counts are falling.

“This is what I hate about this industry, frankly, is these brutal cycles we have to go through,” said Martin Craighead, chief executive of oil-field services company Baker Hughes Inc., in an earnings call on Tuesday. The company said it was cutting 7,000 jobs world-wide, or 12% of its workforce.

High-yield bond issuance from energy companies, meanwhile, has jumped to $189 billion outstanding, from $89 billion in 2010, according to Wells Fargo. The energy sector accounts for around 14% of outstanding corporate bonds, and rising defaults could lead to greater financial volatility and increased borrowing costs for some companies.

One question now is whether, following the deep recession of 2007-09, more Americans will use any windfall at the pump to reduce debt, shore up savings or spend more on discretionary items.

For Wendy Zona of Johnson City, Tenn., the lower prices have been “a great benefit for my family—one we definitely weren’t counting on.” Her husband, a restaurant manager, drives his Ford Escape an hour each way to work and spends around $75 on gas every week, down from around $140 last summer.

She isn’t making big plans, however, for the savings. Ms. Zona, 44 years old, who has an office job at a car dealership, says most of it will cover medical expenses from her gallbladder surgery that required a long hospital stay late last year. She also has a son in college. “We’ve got lots of other bills to dig out from under,” she said.

If crude-oil prices remain at $50 a barrel, it would result in per capita savings of roughly $575—or nearly $1,325 per U.S. household—on gas over the coming year relative to last year’s spending, according to an estimate prepared for The Wall Street Journal by ClearView Energy Partners.

That is up from its most recently published estimate of $380 made at the beginning of December, when oil prices stood near $75 a barrel. The larger figure doesn’t include an average $100 in savings relative to 2013 spending that consumers booked from cheaper gas last year.

Through last week, pump prices have declined for 16 straight weeks, breaking the record set in 2008, according to the Energy Information Administration, whose records date to 1990. The EIA said prices on Monday averaged $2.07 a gallon. Prices last fell below $2 in November 2008 and remained below that mark for around six months. Adjusted for inflation, gas prices fell below $2 a gallon in 1986 and remained below that level for the better part of the next 17 years.

If history is any guide, consumers will spend around 25% of any gas savings within six months, and around two-thirds within one year, said Mark Zandi, chief economist at Moody’s Analytics.

Some of the increased savings are beginning to show up in gauges of economic performance and consumer sentiment.

Data from the Federal Reserve showed that credit-card balances declined in November at their fastest pace in a year. The nation’s personal saving rate fell for the fifth straight month to its lowest level all year, at 4.4%, according to separate data from the Commerce Department. When gas prices fell by a similar magnitude in 1986, the saving rate fell from 9.3% in March to 6.4% by year end.

Retail sales in December excluding gasoline rose 5.1% from a year earlier on a seasonally adjusted basis, compared to a 4.1% gain in 2013. Sales at restaurants and bars rose 8% from a year earlier, the best growth rate in seven years.

Vehicle miles driven in the year ended November rose to a six-year high, the Federal Highway Administration said Tuesday, though they are still 1.3% below their 2007 peak. And sales of trucks and sport utility vehicles, up 10% over the past year, are increasing faster than sales of passenger cars, which are up 2%, according to researcher Autodata Corp.

[Super7]

Like that means all MRT stations must keep goody bag - containing vouchers/refreshments/tissues/loss of income claim form/missing date claims on standby as when one train breaks down almost all the stations along the route too will be affected too for a while

 

maybe mrt can put xmm "PROs" at train platforms to help passengers stuck there to relax while waiting for the next trains their soft touches and soothing words can make these passengers calm down and relax.

Edited January 23, 2015 by Super7

[Mason016]

 

maybe mrt can put xmm "PROs" at train platforms to help passengers stuck there to relax while waiting for the next trains their soft touches and soothing words can make these passengers calm down and relax.

 

Won't help since the female passengers will be making big noise at the xmm.

[Super7]

[thumbsup]

 

I also apologise to minister for using public transport thereby causing congestions on trains and buses... [bigcry]

 

http://newnation.sg/2015/01/sporeans-apologise-to-transport-minister-lui-tuck-yew-for-causing-public-transport-fares-to-increase-again/
S’poreans apologise to Transport Minister Lui Tuck Yew for causing public transport fares to increase again

They say they are very sorry.



Singaporeans from all walks of life, who enjoy taking public transport because cars are for rich people, have come out to publicly apologise to Transport Minister Lui Tuck Yew.

This after it was announced by the Public Transport Council (PTC) that bus and train fares will increase by 2 to 5 cents from April 2015 to provide more crowded bus and train services for the masses.

Singaporeans who heard the news expressed their sincerest apologies for pushing prices upwards again for the umpteenth year running, and accepting responsibility for their careless usage of buses and trains all the time.

One Singaporean, Didi Heng Lui, said she is feeling guilty for not being rich enough to afford to buy a car to drive: “I am so sorry. If only I can make more money and buy my own car, I would not be so reliant on public transport all the time and cause it’s operation costs to increase because of my constant usage.”

Other locals said they feel it is all their fault as they could have done more to coordinate with fellow public transport-commuting Singaporeans before leaving the house each day to avoid congestion.

Jin Juey Lang, said: “I am sorry for causing overcrowding on train platforms by not coordinating with other commuters on the appropriate time to go out so as not to clash with them.”

However, other Singaporeans said they can totally understand the logic of the fare hike.

Tan Dua Lui, another local, said: “They always say 2 to 5 cents is a minimal increase and Singaporeans won’t feel the pinch.”

“Then why not don’t increase at all? The public transport companies will also not feel the benefits since it is such a small increase.”

“And why is it that the guy who doesn’t take public transport dictate how much the rest of us who take public transport have to pay?”

All the times Singaporeans are very, very solly:

S’poreans apologise to SMRT CEO for causing his trains to frequently break down

S’poreans apologise to SMRT for dry humping one another at Lakeside MRT station

 

[Wt_know]

what's wrong to collect more ...

 

stop whinning ... lol

not happy don't take public transport ... buy car la ...

oopss ... COE is no $100k no talk ...

Edited January 23, 2015 by Wt_know

[Super7]

 

As usual, this is nothing surprising

No surprise that fares gone up, and also no surprise that services are always disrupted

 

We grumbled more, fares still go up, and services still disrupted ...

 

Maybe soon it's not "Isolated Cases", but "Lessons Learnt" (but nothing will be changed coz repeat learning alone is not a bad thing:- the more we learn, the more knowledgeable we'll be [thumbsup] , this is confirmed after breakdowns / delays in past few years)

Edited January 23, 2015 by Super7

[Ktglfc]

[thumbsup]

 

I also apologise to minister for using public transport thereby causing congestions on trains and buses... [bigcry]

 

 

 

I won't apologise... for what ?!

He wouldn't heck care and he won't listen ....

[Super7]

 

Won't help since the female passengers will be making big noise at the xmm.

 

Dont worry Bro, MRT still can put Nail-Polish stations to give such noisy female passengers free service to calm them down !! [thumbsup]

[Kyrios]

This morning north south line got problem

Hmm..no mention of it in the news..maybe now they hush hush to keep bad incidents low profile..?