For advertisement    Higher revenue with no effort  This is
exactly what is happening with the LTA's drive to get more
people to take public transport. The ERPs are hurting the
people's pockets and more are switching to MRTs and buses. Both
service providers are going to see higher profits through no
direct effort of theirs. MRT reported that last month the number
of trips taken have increased to 41.27 millions. At an average
of $1.20 per trip, that is a cool $50 mil a month of revenue.
Profit is going to soar. And they are going to apply for fare
hike still. Oops, I have forgotten, the fare hike will benefit
the greater majority of the commuters, which means the greater
majority will pay less.   Mockingbird said...  Fare hikes are
meant primarily to increase the profit of the transport service
providers more than anything else.  It's the full-paying
passengers who are paying for the subsidised fares paid by
children, students and senior citizens.  Anonymous said...
Yeah, the next ten years will be promising