You guys forgot the money spent on revamping the system which is supposed to cost 88 million a year.
kebinu said:A new fare which public transport lose 88m in revenue & consumers (claimed to be 33%) pay more.
I stand corrected on this thenI think you guys got it wrong. 88m is the extra sum that the transport COULD have earn if they kept to existing price structure. It is neither a cost nor a loss.
Would you be convinced if the Ministry did come up with the actual figures? How are you going to verify the statistics?In context of the 88million, there is no assumptions stated. e.g whether keeping to existing structure of fares include increment that has to pass PTC approval, OR just current fares x number of immigrants. For the latter, how to calculate? since immigrants could be FTs who do not use public transport or FWs that are ferried on backs of lorries.
p.s. the analogy is: pirates to immigrants, and pirates buying original copies to immigrants taking public transport
Basically, the 88 million is a super arbitrary number created out of thin air... and suck in by the minister wholesale.
Would you be convinced if the Ministry did come up with the actual figures? How are you going to verify the statistics?
A new fare which public transport lose 88m in revenue & consumers (claimed to be 33%) pay more.
Assuming everyone pays more, does this equate to high GDP?
sorry, not multiple trips
multiple transfer
such as feeder bus to mrt
once u reached the other mrt station
u need to take another feeder bus
yes... there are such places in singapore that need to be travelled with such tedious arrangement..
such as bukit merah
Now PTC has come out to say that the new distance base fare has another component behind its pricing mechanism: time
I feel so cheated
http://www.todayonline.com/Singapore/EDC100813-0000108/Circle-Line-fare-anomalies?
Seriously it's been a month and they report this only now?
I hope we get a shock the next election![]()