Singapore too expensive
-
Wah lau eh... taxi now so ex de..... last time $10 can get me anywhere now need $15..... tolong leh..... one day i will be a taxi driver then i will be rich
This thread should not be in SC.... but godamn im bored lol
-
daily rental rate for taxi drivers to pay cab company is around at least $90 per day...
plus diesel top up $ not add into it yet... -
Then i dowan to be taxi driver le.... i want to rent out taxis.......$90 a day cheap cheap lol
-
haha, yeah.. my fren always complain that sometimes the money she pay for the ride, she cld use that to pay for a decent meal in a restaurant !
i hv drivers telling me they hardly get to earn much, they are lucky if they get to earn enough to break even.
-
emmm what to do? so many cabs.. the one laughing is the owner of the cab co.
-
Originally posted by [J]erry:
emmm what to do? so many cabs.. the one laughing is the owner of the cab co.
correct... the company... all for public transport yet are listed companies... -
Originally posted by Rednano:
correct... the company... all for public transport yet are listed companies...
the is all to the big plan that our goverment have to open up the market, but the small player that they have chosen do not dare to low their cost unless the big boys lower it....$90 per cab X 15000 cab = $135000
$5000 tax given to the lees copper haha . what to do :P dont take cab lor : )
-
have u realised why singapore is getting so expensive, its because its prices are controlled by artificial means through the use of one or two limited entitites to deliver services and goods..
There is no competition to bring prices down. Why should there be a competition?
Competition ensures that the general price index doesnt rise too high, for example an alternative transport compay decided to price a value based offer better than the competitors, naturally the prices of commutation will come down
On the other hand prices may rise too if there is too much of a free market resulting in price fixing and monopolistic practices.The answer to this is a commission set up with authorative powers and effective laws to regulate prices before it reaches the end customer. But this will not work if the supreme overseer, a corporate like government wants to make a profit by buying up goods and service providers. It will end up being worst with prices going sky high
This scheme of thought process is particularly important in industries like food , housing and transportation, the basic industries as everything else like expenditure and buying power are closely related to them. Any price spike in these "basic" goods and services may result in a chain effect increasing the overall price index.
Glossary:
A price index (plural: “price indices” or “price indexes”) is a normalized average (typically a weighted average) of prices for a given class of goods or services -
Surcahrge 35% during peak hrs ..gd $$$ earned by cab drivers..survey done half shift can earn$2500 while wjole shift can earn >$4000 per month after netting diesel and rental
-
Look at housing too-HDB 3 room many years ago $15k now $250k...salary earners hve problem catching up...even nowadays gradutes may hve problem buying 5 RM HDB from resale mkt easily >$400,000
-
Originally posted by Worldlybusinessman:
have u realised why singapore is getting so expensive, its because its prices are controlled by artificial means through the use of one or two limited entitites to deliver services and goods..
There is no competition to bring prices down. Why should there be a competition?
Competition ensures that the general price index doesnt rise too high, for example an alternative transport compay decided to price a value based offer better than the competitors, naturally the prices of commutation will come down
On the other hand prices may rise too if there is too much of a free market resulting in price fixing and monopolistic practices.The answer to this is a commission set up with authorative powers and effective laws to regulate prices before it reaches the end customer. But this will not work if the supreme overseer, a corporate like government wants to make a profit by buying up goods and service providers. It will end up being worst with prices going sky high
This scheme of thought process is particularly important in industries like food , housing and transportation, the basic industries as everything else like expenditure and buying power are closely related to them. Any price spike in these "basic" goods and services may result in a chain effect increasing the overall price index.
Glossary:
A price index (plural: “price indices” or “price indexes”) is a normalized average (typically a weighted average) of prices for a given class of goods or servicespoint is that if the lee copper is link to the bussinss = what go up will never come down.
they say there are goin to be a 19% pay cut 2 months ago but till this day......
(19/100%/ pay cheque) X no of the ppl = (mil x months) = mils
if this money is put into saving the singaporean = thousands will benefits
-
Originally posted by 787180:
Surcahrge 35% during peak hrs ..gd $$$ earned by cab drivers..survey done half shift can earn$2500 while wjole shift can earn >$4000 per month after netting diesel and rental
thats calculation is based on u sit in taxi driver seat for whole days, including weekends (that means no family time) n without any toliet breaks, meals and some rest per driving hours to fight road fatigue...
even saf driving directives stated that a military driver need 10mins rest per hr of driving... -
I suspect most cab drivers earn an average of 1.5 - 2K per month after netting off most fees and charges. The rentals and petrol are the killers.
-
-
Originally posted by charlize:
I suspect most cab drivers earn an average of 1.5 - 2K per month after netting off most fees and charges. The rentals and petrol are the killers.
rental daily @ at least $90 per day is the killer... -
90 per day, 30 days per mth, 12 mth per yr... that's 32,400 already... x 5 yrs= 162,000.... and how much a car cost???? .... now u know why government dun allow taxi driver to have their own cab already right?
-
Clearest evidence that they only want mostly coolies... and even entreprenuers' companies must mostly be coolies to the GLCs and MNCs and the way to chieve that is to take massive amounts of money out of the system.... and put into their pockets and under their control....
So I now coin a new term ..... coolieporeans....
-
Originally posted by I-like-flings(m):
90 per day, 30 days per mth, 12 mth per yr... that's 32,400 already... x 5 yrs= 162,000.... and how much a car cost???? .... now u know why government dun allow taxi driver to have their own cab already right?
Nice ... you see through the plot ... how .. ?
-
Originally posted by Rednano:
rental daily @ at least $90 per day is the killer...$90 x 30 = $2700.
diesel not included.
How much does a taxi driver need to rake in per month, in order to make a profit that can feed himself and his family?
At least $6000 per month.
So that humble taxi driver is making quite a lot of money, but too bad, most of it goes to the company.