Negative news of SMRT buses
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From what i have read from the SMRT annual report of 2005, on the topic buses, SMRT buses or SBS transit buses have to pay licences to the PTC. an annual fee of $50 have to pay for each route and is on yearly basis. In addition to any route amendments, a one time fee of $10 have to be paid to PTC. This shows that SMRT may not have much revenue on buses and will like to remain on the present state and thus does not introduce new routes as fast as what SBS Transit have introduced. Without new services, SMRT might not want to purchase more models as it will not be cost efficient.
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Annaul report of 2005 out so fast? Since when?
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It was sent to my father as he had bought the shares.....Originally posted by shade343:Annaul report of 2005 out so fast? Since when? -
Oh ok....I know what you are referring too ...Just saw a copy of it on my room table but its just a summary...havent read it yet. Too many reports too read...Originally posted by sbskidz:It was sent to my father as he had bought the shares.....
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That explains why the PTC always approve the fee hike proposed by the transport company.
It concerns their pay pocket.
No wonder despite how the real consumers are making so much noise, PTC proceed to increase the fares. -
do u think that if SMRT run the NEL, and there is no SMRT buses, will this thing happen?
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One thing for sure: the sector swap would never have happened if SMRT had the subway monopoly. Tibs would have been left alone. Things were so much better in the pre-NEL days because Tibs were really pro. In fact, they garnered more accolades than SBS at one time.Originally posted by disappear:do u think that if SMRT run the NEL, and there is no SMRT buses, will this thing happen? -
SBS had said on average, it cost them SGD3.5 million or SGD3,500,000 a year to run a bus route..
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$50 per route per year is not a lot... $10? tat's very cheap for an amendment.
but take the $1400 (more for >10 yrs buses) road tax per bus per year and tat adds up to a lot! -
Yup...i missed those days...when bb was handed over, i thought Tibs was not gonna do well...but i was proven wrong....with the emergence of 970, NR17, 989 n 963....boy, Tibs made me very proud..Originally posted by iveco:One thing for sure: the sector swap would never have happened if SMRT had the subway monopoly. Tibs would have been left alone. Things were so much better in the pre-NEL days because Tibs were really pro. In fact, they garnered more accolades than SBS at one time. -
I love NR6! keep it up SMRT!
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Actually... All these fees are negliable to the rising oil prices
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To the topic-starter :
In future , please post a link regarding the content to back up your post. Thanks. -
Link???? But it was taken from the Annual Repot of SMRT sent by me....Originally posted by Airbus330Captain:To the topic-starter :
In future , please post a link regarding the content to back up your post. Thanks.