But also SBS is getting better and better as the year go by, unlike SMRT getting from bad to worse. Bad bus service to longer MRT frequencyOriginally posted by sbst275:Hey but SBS monopoly days in 1970's was OK
Well, the sector swap put a strain on Tibs Holdings, but they still got by with capable guys like Ng Ser Miang and Tan Hup Foi at the helm. After the rebranding of last year with Iron Lady consolidating her hold, things got worse. The bus operations seem to be taking the parent company down with them.Originally posted by joelwinston2005:But also SBS is getting better and better as the year go by, unlike SMRT getting from bad to worse. Bad bus service to longer MRT frequency
Now the profit dragged them down as wellOriginally posted by iveco:Well, the sector swap put a strain on Tibs Holdings, but they still got by with capable guys like Ng Ser Miang and Tan Hup Foi at the helm. After the rebranding of last year with Iron Lady consolidating her hold, things got worse. The bus operations seem to be taking the parent company down with them.
I think it is also about time to let SBS to take over SMRT Bus.Originally posted by sbst275:Now the profit dragged them down as well
What about 851? Isn't it one of their cash cows?Originally posted by sbst275:I find it surprising that SMRT Buses H1 profit can plunge by 60%. Their Sv 67, 852, 961 are very popular
Don't forget SVC 190Originally posted by iveco:What about 851? Isn't it one of their cash cows?
Ha ha ! There are many confusion of the CCL and NEL, isn't it ?Originally posted by sBs_boy:but NELs is beginning to make money liao... just give them a few more yrs.. ridership had went passed the 200,000 mark..


3 carriage broOriginally posted by CAIX:Ha ha ! There are many confusion of the CCL and NEL, isn't it ?
What I know is that:
--CCL will be operated by SMRT
--CCL will be using the same train as the NEL one, and it is driverless
--CCL will be using 6 carriage train
Tan Hup FoiOriginally posted by joelwinston2005:If you read yesterday ST business section, another former TIBS member have resigned from his post. It seem that SMRT is not interested in bus service. Sacking a TIBS veteran show it. Maybe the iron lady think that keeping him is a surplus. SMRT bus is going to rot because of her. I have a feeling that some big changes is going to happen in the near future.![]()
LTA brought one lahOriginally posted by iveco:SBST was smart. They brought in fully automatic trains for the NEL. SMRT's CCL will still be driver-operated.
Even train...Originally posted by joelwinston2005:How is she going to run the company i don't know. But i do know that SMRT doesn't have a group of people who are capable of running the bus division.
excessive neglect on the buses and customer interestsOriginally posted by sbst275:Now qn goes
What went wrong in SMRT Buses until profit plunge by 60%?
MaintenanceOriginally posted by 105090:excessive neglect on the buses and customer interests
increase in diesel prices
higher salary demanded from workers
a boycott?
reduction in fleet (and service staff size)
accounting department gone haywire
or embezzlement of funds?
1) The price of oil have been sky rocketing since beginning of this year. So it is eating the profit away.Originally posted by sbst275:Now qn goes
What went wrong in SMRT Buses until profit plunge by 60%?
But SBS profit not that so much hit..Originally posted by joelwinston2005:1) The price of oil have been sky rocketing since beginning of this year. So it is eating the profit away.
2) Stiff competition from SBST. SBST have been introducing new services. But i believe the impact is quite small from this.
3) Mismanagement.
I think SBST have good relationship with other private company. So their customer keep going back to them.Originally posted by sbst275:But SBS profit not that so much hit..
Because peak hr buses are now only runned during the high demand time
Nope... They squeeze for Ind Svs...Originally posted by joelwinston2005:I think SBST have good relationship with other private company. So their customer keep going back to them.
Can u please elaborate?Originally posted by sbst275:Nope... They squeeze for Ind Svs...