*Official* MasterLeong Thread - Part 2

[MasterLeong]

SINGAPORE - SMRT unveiled a new taxi sharing scheme on Thursday (Jan 26), which will allow cabbies to rent taxis on an hourly basis.

This departs from the usual industry practice, in which cab operators rent out taxis to hirers at a daily rate.

SMRT said the Taxi Share scheme, which will kick off on Feb 1, will boost the firm's competitiveness, by offering taxi drivers more flexibility, in terms of when and how many hours they drive.

Mr Tony Heng, managing director for SMRT Taxis and Private Hire Services, said: "The scheme allows us to tap on a large number of inactive Taxi Driver Vocational Licence (TDVL) holders and have taxis ply the road according to commuter demand."

Mr Heng added that there are about 100,000 TDVL holders but about 50 per cent of them are inactive.

The rates under the new taxi sharing scheme will range between $5.80 and $12.80 an hour, and cabbies on the scheme have to rent the cars for a minimum of three hours.

SMRT currently has about 5 per cent, or 175 cabs, out of its total fleet of 3,500 cabs which are not hired out.

It plans to use these taxis for the Taxi Share scheme first, but may scale up the numbers depending on demand.

 

[Layers]

http://www.straitstimes.com/singapo...utm_medium=social-media&utm_campaign=addtoany

M1 customers who are still holding on to their old 3G plans with the generous 12GB mobile data allowance are in for a treat.

The telco has upgraded them to its 4G network at no extra charge.

These customers have resisted signing up for the faster 4G plans as they cost more for a similar-sized data allowance.

M1 chief marketing officer P. Subramaniam told The Straits Times: "We had a small number of customers still on legacy 3G smartphone plans. 4G was recently activated for these customers, to enable them to enjoy the best experience on our 4G network."

4G mobile networks are said to offer about four times faster surfing than 3G ones. 4G networks can also pack up to five times more data, allowing more people to connect without slowing down surfing speeds.

M1 would not say how many of its 1.2 million post-paid customers are still on 3G plans with the 12GB data allowance. But The Straits Times understands that "thousands" of them have already been notified about the automatic upgrade.

Public relations consultant Khairul Sufiyan, 30, said he received the SMS notification earlier this week.

He has resisted renewing his telco contract, even with the promise of mobile phone subsidies, because he wants to keep his current 3G plan that comes with 12GB of mobile data.

The plan costs about $50 a month, compared with a similar 4G plan without contract from M1 that costs at least $70 a month.

"I'm glad my years of waiting have paid off," said Mr Sufiyan, adding that surfing on his phone is noticeably faster after the upgrade.

However, if customers sign a 12-month contract with M1, they pay $51 a month for a plan that comes with 14GB of mobile data allowance.

Mr Ramakrishna Maruvada, a telecoms researcher at Daiwa Capital Markets, said M1's move is an attempt to improve customer loyalty.

"This is a vulnerable group; their refusal to upgrade indicates they are value seekers and are likely to switch operators when a value deal shows up," he added.

He expects Singtel and StarHub to do the same.

The latest figures from regulator Infocomm Media Development Authority show there are four million post-paid 4G users across the three telcos - Singtel, StarHub and M1 - compared with just 890,800 post-paid 3G users.

Mr Clement Teo, principal analyst at market research firm Ovum, said moving subscribers to just one network would help telcos focus their resources on their 4G networks.

When contacted, StarHub's head of product Justin Ang said it will monitor the situation and "evaluate the best upgrade options" for its 3G customers.

Singtel said 3G customers need to sign new contracts for 4G plans to get 4G speeds.

A version of this article appeared in the print edition of The Straits Times on January 26, 2017, with the headline 'M1 gives 3G users with big data plans free upgrade to 4G'. Print Edition | Subscribe

Haha don't think Singtel will follow. No incentive for them to do so.

12GB user here

Sent from Sony E6853 using GAGT

 

[MasterLeong]

tiagong $50 can rent a car for full day riao

but also not cheap 1 month 30 days is 1.5k already

 

[Maeda_Toshiie]

Yup. Noble has fallen from blue chip to blue-black chip

Blue cheat become blue sheet?

 

[Maeda_Toshiie]

The most atas is Asahi from Jippun.....but I dun like the taste or only tried once

Asahi is for those who like "dry" stuff. It's not necessarily bitter, but not sweet. I like a dry beer from time to time, but SG alcohol prices...

 

[Genosis]

Make M1 Great Again!!!

http://www.straitstimes.com/singapo...utm_medium=social-media&utm_campaign=addtoany

M1 customers who are still holding on to their old 3G plans with the generous 12GB mobile data allowance are in for a treat.

The telco has upgraded them to its 4G network at no extra charge.

These customers have resisted signing up for the faster 4G plans as they cost more for a similar-sized data allowance.

M1 chief marketing officer P. Subramaniam told The Straits Times: "We had a small number of customers still on legacy 3G smartphone plans. 4G was recently activated for these customers, to enable them to enjoy the best experience on our 4G network."

4G mobile networks are said to offer about four times faster surfing than 3G ones. 4G networks can also pack up to five times more data, allowing more people to connect without slowing down surfing speeds.

 

[goh6570]

Make M1 Great Again!!!

are u m1 user?

 

[lewissac]

Haha don't think Singtel will follow. No incentive for them to do so.

12GB user here

Sent from Sony E6853 using GAGT

No worry de. Even ST die die no upgrade, you also wun Run away to other telco rght?

 

[Genosis]

are u m1 user?

My entire household on Singtel corporate plans......

 

[onlybuyneversell]

Not bad. FCT xd liao still can maintain at $2. Huat!!!

 

[Layers]

My entire household on Singtel corporate plans......

cant beat 12GB!

Sent from Sony E6853 using GAGT

 

[onlybuyneversell]

My main criteria for reits (kope from ak71):

However, remember that REITs are not bonds. REITs could improve the amount of income available for distribution by getting cheaper loans which are less likely in future but they also have the ability to improve income by raising asking rents.

 

[onlybuyneversell]

and JNJ ish at red; somemore at uptrending line support.

Somehow suspect if dow didn't break 20k last night, JNJ will have broken the support.

 

[goh6570]

My entire household on Singtel corporate plans......

wa singtel huat ah!!!!
i vested in ST

 

[shared]

i also...
sti etf, st, dbs and cmt take up about 85% liao
rest is small small holding
got 1 reit only feel out of place u all so many reit siol

power student investor spotted!

girls got go gaga over your portfolio?

 

[Lovecross]

OUE Hospitality Trust’s (OUEHT) FY16 DPU fell 29.6% YoY to 4.61 S cents


like I said before... avoid hospitality and industrial assets... both these 2 segments are in a pretty bad down cycle


retail and commercial also quite weak but good management can maintain dpu for the reit

I feel the 2016 Q4 DPU for OUEHT quite okay, considering the recent rights issued to purchase Crowne Plaza Extension? At least the dividend has increased from Q2/Q3.

 

[MasterLeong]

never knew got this rule sia

http://www.tnp.sg/news/singapore/no-grab-or-uber-those-young-kids

 

[goh6570]

never knew got this rule sia

http://www.tnp.sg/news/singapore/no-grab-or-uber-those-young-kids

just implemented ba..

 

[Darrel Mok]

SINGAPORE - Office and shop rents fell by more than 8 per cent in 2016, as their vacancy rates continued to rise, figures from the Urban Redevelopment Authority on Thursday (Jan 26) showed.

The decline in office rents accelerated in the October-December quarter, declining 1.8 per cent and making up an 8.2 per cent drop for the whole year.

Prices of office space dipped 0.6 per cent in the three months to December, more than the 0.4 per cent decline in the previous quarter. For the whole of 2016, prices of office space fell by 2.8 per cent.

Advertisement
The amount of occupied office space increased by a nett 1,000 sq m in the fourth quarter, reversing a decrease of 5,000 sq m in the previous quarter. But the stock of office space increased by 66,000 sq m (nett) in the fourth quarter, after an an increase of 101,000 sq m (nett) in the previous quarter.

As a result, the island-wide vacancy rate of office space at the end of the fourth quarter rose to 11.1 per cent, from 10.4 per cent at the end of the previous quarter.


Office rents might get some relief in time to come, going by supply figures.


There is about 786,000 sq m in gross floor area (GFA) of office space in the pipeline as of end-2016, down from 879,000 sq m GFA three months earlier.

The bulk of this will be completed over the next two years - 367,000 sq m in 2017 and 185,000 sq m in 2018. Supply drops sharply to 20,000 sq m in 2019, up to 138,000 sq m in 2020, before falling sharply again the next two years.

Shops saw rents decline by 1.2 per cent in the fourth quarter, less than the decrease of 1.5 per cent in the previous quarter. For the whole of 2016, shop rents fell 8.3 per cent, roughly double the 4.1 per cent decline in 2015.

But the island-wide vacancy rate of retail space improved a little, dropping to 7.5 per cent at end-2016 from 8.4 per cent at the end of the third quarter.


Prices of retail space inched up 0.2 per cent in fourth quarter, reversing a 0.6 per cent dip in the previous qu

 

[Takodoro]

never knew got this rule sia

http://www.tnp.sg/news/singapore/no-grab-or-uber-those-young-kids

When all is well and rosy, nobody would care about this.

Only when **** happen then people starts to dig out all sorts of things and come out with all sorts of patterns.