Monthly Archives: May 2016

20160501 SMRT major disruptions caused by cutting costs, inept management

I have been trying to understand how SMRT service has deteriorated to such an extent that no matter what it does, regular and more severe major disruptions have occurred. Any person of average intelligence would have known that ridership would … Continue reading

Posted in SMRT/SBS TRANSIT | Leave a comment

20160501 Temasek and SMRT CEO/buddies will be enriched by new rail financing framework, commuters screwed

I refer to “SMRT CEO: New rail financing should cover fare-revenue risk”. According to CEO Desmond Kuek, the “new rail financing framework (NRFF) should help operator SMRT Corporation shoulder the risk of fare revenue”. NRFF = taxpayers + commuters. But … Continue reading

Posted in SMRT/SBS TRANSIT | 1 Comment