tag:blogger.com,1999:blog-17473688.post8731332120955907695..comments2024-03-29T22:11:27.145+08:00Comments on My Singapore News: SMRT profit soars to $150 milChua Chin Leng aka redbeanhttp://www.blogger.com/profile/11743716923635835397noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-17473688.post-89883850822039500592013-01-29T10:18:09.184+08:002013-01-29T10:18:09.184+08:00Having read this I thought it was rather enlighten...Having read this I thought it was rather enlightening.<br />I appreciate you spending some time and effort to put this <br />content together. I once again find myself spending a lot <br />of time both reading and posting comments. But so what, it was still <br />worthwhile!<br /><i>Also visit my homepage</i> ; <b><a href="http://3scorecomparison.com/profinity-credit-review/" rel="nofollow">Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-37243930846366186162008-05-04T08:50:00.000+08:002008-05-04T08:50:00.000+08:00Privatization means turning, making anything to be...Privatization means turning, making anything to be privately owned, managed and TO PROFIT THE SHAREHOLDERS AND SENIOR MANAGERS.<BR/><BR/>BUT NOT TO BENEFIT THE PUBLIC USER/BUYER AND OR EVEN BE ACCOUNTABLE TO THEM.<BR/><BR/>If these so-called 'PRIVATIZED' Entities have to account for anything(mistakes/poor services/high prices/accidents etc), they are answerable to THE GOVERNMENT AND NOT THE Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-16338464639599772582008-05-04T04:51:00.000+08:002008-05-04T04:51:00.000+08:00It is totally ridiculous that a public transport e...It is totally ridiculous that a public transport establishment makes such a lucrative profit at the expense of the public for providing essential services as part of the national efforts.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-17451745896241493672008-05-02T17:42:00.000+08:002008-05-02T17:42:00.000+08:00Privatization has its pluses only if competition e...Privatization has its pluses only if competition exists. This does not apply to public transport.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-61379784636602198072008-05-02T08:50:00.000+08:002008-05-02T08:50:00.000+08:00hi hongjun, welcome to the blog.many of you have e...hi hongjun, welcome to the blog.<BR/><BR/>many of you have expressed views on this, and all quite similar. smrt was a public company that has been privatised. it is now a private company performing a public service. yes, it is not public transport but private transport.<BR/><BR/>if any of you can remember, the initial $5b or $6b that were spent on the mrt infrastructure were public money. i stillChua Chin Leng aka redbeanhttps://www.blogger.com/profile/11743716923635835397noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-24216174890399594012008-05-02T01:06:00.000+08:002008-05-02T01:06:00.000+08:00Whatever goes up NEVER comes down! How often do yo...Whatever goes up NEVER comes down! How often do you see a proposal to a fare hike gets rejected?<BR/><BR/>SMRT is a listed company and they need to answer to their shareholders. It seems that profit is more important than taking care of customers. We are taking private transport instead of public transport. Guess we need to live with it isn't it? Even if they are going to increase by large hongjunhttps://www.blogger.com/profile/17931328655666566330noreply@blogger.comtag:blogger.com,1999:blog-17473688.post-82771504517839854282008-05-01T23:36:00.000+08:002008-05-01T23:36:00.000+08:00Hi Redbean;do allow me to digress from the topic. ...Hi Redbean;<BR/><BR/>do allow me to digress from the topic. I thank You as an apology. <BR/><BR/>In an article to the Forum Editor of the Straits Times on 1 May 2008, one Mdm Lily Cheong described her shopping experience in NTUC Fairprice(Fairprice??). She specifically mentioned rice and cooking oil prices. (Please read said Article in ST Forum Page dated 1 May 2008).<BR/><BR/>In the same Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-64236698318446251422008-05-01T22:25:00.000+08:002008-05-01T22:25:00.000+08:00sorry the link shud be:(they wear helmets to work)...sorry the link shud be:<BR/>(they wear helmets to work)<BR/><BR/>http://en.wikipedia.org/wiki/<BR/>Public_Transport_CouncilAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-58576910812148764642008-05-01T22:16:00.000+08:002008-05-01T22:16:00.000+08:00listed co.,is a private company.PTC regulates the ...listed co.,is a private company.<BR/><BR/>PTC regulates the fares etc..<BR/>(do read the link)<BR/>http://en.wikipedia.org/wiki/Public_Transport_CouncilAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-72188389649738201242008-05-01T17:23:00.000+08:002008-05-01T17:23:00.000+08:00anyone knows what the difference between public an...anyone knows what the difference between public and private transport ?<BR/><BR/>Is SMRT public or private?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-91494951377654545982008-05-01T13:38:00.000+08:002008-05-01T13:38:00.000+08:00agree. these companies made huge profits, yet inst...agree. these companies made huge profits, yet instead of adjusting the fares downwards, they are likely to raise it. well i think it is a simple reasoning, that if they double the fares, they will double the profits which will double their pay and also the gst and tax collections. so everyone should be happy? (you shud buy their shares if you are unhappy abt this.)<BR/><BR/>i have long suspected Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17473688.post-26098952097412736152008-04-30T16:57:00.000+08:002008-04-30T16:57:00.000+08:00I understand that NTUC fairprice made more money l...I understand that NTUC fairprice made more money last year than the previous year, but they still keep on increasing the prices of its housebrand products. <BR/><BR/>So will 'fare price' come down? Even if oil prices go down and they make even higher profits, fare price will never come down. You should count your blessings if they do not increase fares when the next increase is due later this Anonymousnoreply@blogger.com