Sunday May 25, 2008 | ${log.root}/lowem.log Inflation, Investing and Everything |
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SMRT is increasing the number of its train trips. In one week, there will be at least 700 more trips to cut commuters' waiting time and provide them with a more comfortable ride. A common complaint by MRT passengers is that it gets very crowded at peak periods and on many occasions, commuters aren't able to get on the train. SMRT said they are already operating at the best intervals of two minutes at the peak within peak and can't improve this any further, for now. However, a few commuters were concerned that fares would go up with the increased trips. The additional train trips are expected to cost SMRT an additional S$5 million yearly. - The transport companies of Singapore aren't exactly charities, so one of two things would happen : margins will be reduced which could lead to cost- (if not corner-) cutting, or prices would have to go up. If they can absorb the additional cost from their existing margins without sacrificing service quality that would be great, but it remains to be seen how this will turn out. That's from an economic point of view. From a peakoiler's point of view, an increase in MRT train trips is a good thing : it encourages more people to go for public transport instead of driving, and that reduces both oil demand and pollution. See also : 1. Singapore MRT rail network length to double by 2020 (2008-05-25 17:54:11 SGT)
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