Why increase transport fares by the highest ever in history?

I refer to the article “Bus and train fares to rise by 6 cents per trip from Dec 29: PTC” (Straits Times, Oct 30).

It states that “This round, the NCF – which took into account the additional buses pumped into the network last year and the first stage of the Downtown MRT line – contributed 3 percentage points to a 7.5 per cent increase the formula allowed. But because there was a carry-over reduction of 3.2 per cent from 2017, the latest adjustment comes up to 4.3 per cent, or six cents per trip.”

Since the lowest basic bus fare is 77 cents – does it mean that the increase is up to 7.8% (6 divided by 77 cents)?

So, by deferring the 3.2% reduction last year – it may in a sense mask the increase of – actually  11% (7.8 + 3.2).

I believe this is the highest increase in percentage terms in the history of public transport in Singapore.

It also allowed transport operators to make more money last year by deferring the reduction – deferring when the old formula resulted in a big reduction- kind of like changing the rules, when the score doesn’t suit you.

As to “The adjustments will translate to an increase of $78.2 million in fare revenues for public transport operators for 2019. Out of that, train revenue will rise by $35 million – with SBS Transit seeing a $10.9 million increase and SMRT seeing a $24.1 million hike.

The remaining $43.2 million goes to the Land Transport Authority, which administers bus contracts” – why is the LTA taking money from literally everyone – students, senior citizens, lower-wage workers and people with disabilities, whose increase will be capped at 1 cent?

Also, why do this when the government’s transport revenues are about $10 billion ($2.9 billion motor vehicle taxes, $1.2 billion excise duties (transport related), $5.9 billion transport and communication (fees and charges) and $41 million traffic fines) – estimated receipts for FY2016.

Moreover, we had a budget surplus of $9.6 billion.

 

Leong Sze Hian

 

 

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13 Responses to “Why increase transport fares by the highest ever in history?”

  • PC Ong:

    Please lah, no free lunch in this world. All the new investment in train and bus, where the money come from if we don’t increase fares? Please also have a sense of perspective. 6 cents is negligible. We already spend a very low proportion of our income on transport as compared to other developed countries. We can easily afford it. This will have negligible impact on household budgets.

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  • The Other Hard Truths:

    PC Ong:
    Please lah, no free lunch in this world. All the new investment in train and bus, where the money come from if we don’t increase fares? Please also have a sense of perspective. 6 cents is negligible. We already spend a very low proportion of our income on transport as compared to other developed countries. We can easily afford it. This will have negligible impact on household budgets.

    Please lah, don’t be an accomplice in robbing the people. Stop spouting lies and nonsense here. If you have too much money, go and donate all to the poor folks. If you have too much time, please go and polish the apples of your PAP bosses in public

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  • why bother to increase:

    //Please lah, no free lunch in this world. All the new investment in train and bus, where the money come from if we don’t increase fares? Please also have a sense of perspective. 6 cents is negligible. We already spend a very low proportion of our income on transport as compared to other developed countries//

    aiyoh, if so negligible. why bother to increase leh ? why not absorb for daft sinkies leh ?

    tpt in other developed countries ? you mean their cars got coe, parf, erp and cost so much more than sinkie land ?

    6 cents in isolation may be negligible, it’s the accumulative effect of the different cost increase exercise in tpt, electricity, water (30% someone), tc fees all put together (plus gst effect) becomes shiong lar and it feeds throughout the whole value chain with the different chain layers of building up cost lar.

    of course, to the white idiots and gang, negligible lar. anyway, their payroll is from taxpayers right ?

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  • PTC forward projection:

    Bloody PTC done more harm to my PAP.
    They should project the increases to 5 years period instead of prickling the people time and time again which is detrimental to the sentiment towards my PAP.

    For example; 6 cents + 10 cents + 18 cents + 20 cents + 30 cents = 84 cents.
    So one time increase to 84 cents. Singaporean can afford such small increase. There is no free lunch in this world and everyone knows it.
    Soon they forget about the increase as usual.

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  • opposition dude:

    Just wait for it fellow Singaporeans when the Thomson East Coast Line and the Cross Island Line tohether with the Jurong Region Line or whatever it’s called all open. The same excuse that they are using now about having more trains and more manpower will be used.

    And when the population goes above 6 million and LTA buys even more buses to cope with the increase comes yet another reason to increase transport fares. And all the new fancy high tech equipment on future trains with whatever laser detection to spot faults and smart train doors and what not, guess what will happen in terms of fares yet again?

    Can go up 6 cents in one go but will never come down 6 cents in one go, loads of reasons will be given but profits cannot fall too much is the only reason we need.

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  • SPC Song:

    PC Ong:
    Please lah, no free lunch in this world. All the new investment in train and bus, where the money come from if we don’t increase fares? Please also have a sense of perspective. 6 cents is negligible. We already spend a very low proportion of our income on transport as compared to other developed countries. We can easily afford it. This will have negligible impact on household budgets.

    Please lah, you arse licker. Median wage is less than S$3,500 pm GROSS, and not the S$m clown pap pays each other. If median wage is sama sama as clown pap S$m, then, increase by 110% also not a problem. Worse, because GE2019 is in a few months time, clown pap is increasing everything now before GE2019. THIS is no good. It causes unnecessary inflation.

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  • Bapak:

    Nothing to complain about, you voted them in, you believe they will keep to their promises and gave them your support, they break it you deserve it. Stupidity has no cure. Never learn.

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  • HarderTruths:

    If the citizeens can’t do anything about it – then why not?

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  • where the PAP elites thrive:

    PC Ong:
    Please lah, no free lunch in this world. All the new investment in train and bus, where the money come from if we don’t increase fares? Please also have a sense of perspective. 6 cents is negligible. We already spend a very low proportion of our income on transport as compared to other developed countries. We can easily afford it. This will have negligible impact on household budgets.

    Incompetent Civil Servant administrators operating in a monopoly where they can increase prices at will and pass on the cost of their incompetence to the consumers.

    Try doing that in a milieu where you are not protected by a monopoly. That is why such civil servant administrators will fail (and have failed) dismally if they operate in the competitive sector of air travel or shipping, where you have to perform and show your worth.

    They can only survive in a molly-coddled civil service environment where their incompetence and failures are bankrolled by the tax payers (through authoritarian rule). That is where the PAP elites thrive.

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  • SIA no longer most competitive:

    where the PAP elites thrive: Incompetent Civil Servant administrators operating in a monopoly where they can increase prices at will and pass on the cost of their incompetence to the consumers.

    Try doing that in a milieu where you are not protected by a monopoly. That is why such civil servant administrators will fail (and have failed) dismally if they operate in the competitive sector of air travel or shipping, where you have to perform and show your worth.

    They can only survive in a molly-coddled civil service environment where their incompetence and failures are bankrolled by the tax payers (through authoritarian rule). That is where the PAP elites thrive.

    The SIA civil servant administrators used to be able to out-compete the rest of the International airlines years ago because it was the only airline able to have virtually unlimited tax payer funded resources to renew their fleet constantly and to expand.

    Not anymore. Other airlines now also have access to financing to expand and to renew their fleet.

    SIA is now no longer the most competitive airline. Will they put a D.Kwek or Ng Y.C. to save it? After all they are top scholars and top (measured in the Singapore context) Generals.

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  • LIONS:

    Why increase transport fares by the highest ever in history?
    ==============================================================================

    JUST TO SPITE daft sg voters who voted for LEE AH LONG N PAPSTERS.lol!!!

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  • PAP panic induced lunacy:

    Chan Chun Sing threatened Singapore he has no problem to import foreign Pmets.

    Lee Hsien Loong encouraged Singaporeans needing jobs to be greedier, hungrier n more aggressive than the foreigners they have imported so they can STEAL the JOB from them in their own country. Does it means that Lee Hsien Loong is advocating a violent citizenry in order to survive in their own country? If he has given out this advice earlier. taxi driver would have united themselves when facing agression from the foreigners PAP has imported with greater agression
    No wonder the conman tour guide from PRC coned millions from Sin senior woman n get away with itlightly.

    PAP launched an intensive propaganda to get our youngs not to do their best to get into university to get into university to get their degrees n professioners becos without the degrees n even they join the gangs, they will become successful n wealthy. The plp manstream media echoed by featuring dropout from school n gangster becoming successful businessman n a minister even goes to the extent that there will ministers without degree
    . Glorifying to colloborate the lies with telling the truth how those feature struggle against the odds like despising their poverty n low education to the extent as labelling ean poor n lowly educated stupid. Chan Chun Sing, the avid rt wr orms from LKY consituency Tanjong Pagar.
    n
    Now in the midst of citizenry worrying losing their hdb , fast excalating medical cost, fear of their cpf gone n now being syphoned out by laundering them as health insurance preimum mandatory for all including children n aged parents, rising cost of livng with hefty increase in taxes, fees, resulting in fast increading cost of living n decreasing standard of livong with the fear of retrenchment creating jobs for pap to import more foreigners as the shit trait*r has arrogantly threatened after his brain was bloated by LHL sounded h out as one of his possoble successor possibly another seat warmer but LHL may be conned like the old lady conned by the PRC a PAP MP suuported him for the citizenship.

    The hefty increase in public transport will definitely further downgrade the standard of living n getting the ministers n their top plps richer with bigger bonuses, benefits n increase including the retired mps n ministers sitting on the boards of directors whether by govt as major shareholders or credit reward business understanding.

    What the opposition party n citozens should be alert is to assume anything is possible at election with absolute power n be ptepare to heed LHL advice of more whatever to steal.

    皮黑皮有蠢星和印泥拿, 小李全家要遭殃.皮黑皮是做到头了。真是—群賣国賊啊。

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  • PCOng Pathetic And Poo:

    PC Ong is happy perhaps he has chalked up suffivient polanpa credit to claim his rrwards. If not fleeced from the masses, jow could he get his polanpa rewards.

    But if he tried to be sacastic, he has been badly influrnced by the nfi lp who thinks sacasm are great jokes for the dinner.

    Amyway GCT is now telling LHL how licky he is that LHY n LWL preferred to get rich not on public fund but on shareholders n patients willing to pay n blackmailed just to be medically trated back to health. Is GCT giving significant hint that if both agreed, the present situation will be more dramatic probably bloody than what has just happened.

    Has GCT read too muvh Chines Dynasty family bloody feud and throne gribbing? GCT is a bad story , sort of what Chinese days about head shrinking tortoise et species. Tommy Koh after ST decreed as the only regerence benchmark for real news n u claimed otherwise has also lapsed into silence. Apparently plps will ultimately transform to tortoises when they r d to hardened touch n have no choice but to be tortoise with a fast shrinking head capability for self fefence

    What a shit have happened yo the human dignity of well educated professionsls
    Maybe PAP has grapped the wrong of the pole re univerty degree n gangsters success stories.

    Shits r shits no matter how they disguise themselves. 真蠢星。印汝拉。賤货賣国賊!

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