The free rides to Singapore CBD area campaign initiated by SMRT started from 24 June 2013 to 24 June 2014 was launched officially yesterday. To the best of my knowledge, there was about 9% lesser crowd during 8 PM to 9 PM yesterday. It has given me the impression that this project has taken impact more than what I had expected.
Frankly speaking, if the public transport system in Singapore can be improved further, there will be more people who are working in CBD area willing to stay at the sub urban area such as Jurong, Woodlands or even Pasir Ris or Punggol. The traveling hour from Woodlands to CBD area could be cut short to as little as 30 to 40 minutes after the Upper Thompson MRT line is completed targeted on Year 2020.
However, we must bear in mind that the employers also play a vital role in reducing the amount of commuters during peak hours by providing flexible working hours and "Work From Home" scheme. As a mobile remisier, I can now stay mobile and not in a fixed place which I think is quite convenient.
I also notice that there is a review on the monthly travel card which is priced at $190 currently. It definitely can help the heavy travelers to reduce their financial burden in traveling. The COE can be decreased further and we can see a moderate CPI later.
Nonetheless, the current concern on public transport still remains on its operating efficiency. The Singaporean are getting lesser tolerance on the train break down / delay any more. However, I believe that Singapore government is working hard to ensure that most Singaporean are happy with the world class public transport service which I think is still one of the best in the world.
Will it help to improve the SMRT shares performance? Let's wait and see for a concrete result later. In initial stage, I would think that it may reduce the train service related revenue by about 2% (e.g. I just guess that there is about 20% of commuters working in CBD area and only 10% of them are willing to take part on this campaign) but will definitely reduce the possibility of train breakdown later on.
Subscribe to:
Post Comments (Atom)
View All My Posts Here
-
►
2015
(4)
- ► March 2015 (1)
- ► February 2015 (3)
-
►
2014
(191)
- ► December 2014 (2)
- ► November 2014 (8)
- ► October 2014 (8)
- ► September 2014 (6)
- ► August 2014 (51)
- ► April 2014 (5)
- ► March 2014 (10)
- ► February 2014 (19)
- ► January 2014 (20)
-
▼
2013
(175)
- ► December 2013 (12)
- ► November 2013 (7)
- ► October 2013 (12)
- ► September 2013 (7)
- ► August 2013 (31)
-
▼
June 2013
(16)
- 72 Rule in Investing
- Free SMRT Rides to CBD starting from 24 June 2013
- China Stock Market Collapse?
- Shares Buy Back vs Dividend Payout
- ESBI - Rethink of ESBI
- Mah Sing - Latest Project in Iskandar Malaysia (Ma...
- Malaysia Shares - Genting Plans to Re-Invest in Ge...
- Can we still invest in downtrend market?
- Factors that Determine Your Investment Return(s)
- Next Insight - A Good Portal on Shares Investment ...
- MIdas - Will It Shine in Next Few Years? - Updated...
- Iskandar Malaysia - Will Johor Government Impose M...
- My View on Sarin Technology (Singapore Listed Coun...
- Sino Grandness - Summary - FY2012 Annual Report
- Straco - Summary - June 2013
- A trip to China - Shan Tou, Jie Yang, Chao Zhou, F...
- ► April 2013 (20)
- ► March 2013 (8)
- ► February 2013 (13)
- ► January 2013 (18)
-
►
2012
(132)
- ► December 2012 (43)
- ► November 2012 (11)
- ► October 2012 (7)
- ► September 2012 (31)
- ► August 2012 (20)
- ► March 2012 (1)
- ► January 2012 (5)
-
►
2011
(226)
- ► December 2011 (10)
- ► November 2011 (11)
- ► October 2011 (8)
- ► September 2011 (24)
- ► August 2011 (48)
- ► April 2011 (17)
- ► March 2011 (10)

Well, here you have told about cbd and it is really so helpful for every pets. Again we should never do any mistake with our pets health. Because they are very little animal without our help they can not move an inch at the time of when they are very sick. So if you can regularly use cbd treats for dogs then it will be very good their perfect health as there is no bad side effects for taking this cbd.
ReplyDeleteAdditional research is done in 2003 located that the natural herb can be made use of to deal with epileptic seizures. An experiment done on rats provided sufficient proof that you can buy cbd edibles online to protect against seizures for as much as 10 hrs. Really, THC binds the cells in the mind that are in charge of causing seizures.
ReplyDeleteI think this is an informative post and it is very useful and knowledgeable. therefore, I would like to thank you for the efforts you have made in writing this article. Full Spectrum CBD
ReplyDelete