Maybe it’ll be better for Ang Hin Kee to shut up now…
Mr Ang Hin Kee, the executive adviser of the National Taxi Association, recently said that the fare cuts by Uber and Grab are “unhealthy and unsustainable”. He cautioned that once these companies get a dominant market share after giving out all these goodies, they could exercise the right to earn profits by (presumably)...
Labour day – serving Singaporeans first
Dear Fellow Singaporeans, As Singapore prepares for another tough year ahead, narrowly missing a technical recession during Q3 last year, much has also happened on the domestic front – more on that later. The economy grew 1.4 per cent in the three months to September over the same period two years ago, the slowest pace in...
SMRT: FY2016 profit up 20% but commuters may need to pay higher fares
SMRT has just reported that its FY2016 net profit has increased by 20% to $109.3 million. Despite making more money, SMRT has hinted that fares need to be adjusted (don’t ask if it’s upwards) because “fares are not keeping up with costs”. SMRT should be focused on improving safety and reliability but its priority seems...
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