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...
SMRT this year is sibei suay ah…
Just a week ago, Minister for Transport Khaw Boon Wan was in a celebratory mood. Two of five MRT lines went 100 days without major disruptions. He said it was “especially inspiring” for the North-South Line because it is the oldest line in Singapore. That was on 19 April. Not surprisingly, Minister Khaw got lambasted for...
Rail Academy to train more rail engineers
Former NTU president Cham Tao Soon has been appointed to assist in the setting up of a Rail Academy to train rail engineers. He said we have lost time and needed to catch up to train rail engineers and develop a workforce for the industry. This new approach of planting our own timber instead of hiring ready made talents from...
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