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pasted fr cna

Dr Tan - An Unwise move for SMRT to venture into retail project at the new Sports Hub



Assuring the public that SMRT will put special effort to improve public transport has been negated by SMRT venture into a big retail project at the new Sports Hub.
What is happening?
After a change of CEO in the company, it is obvious that the culture has not changed. Tendering for retail business in this uncertain time? This is a distraction from the core transport business no matter how SMRT tries to justify its decision. All promises and attempts to revamp the bus services with the aid of govt. pumping in over $1 billion to help shoulder higher bus costs, is already seen by the public as helping privatised companies to make more profits.
Has SMRT already done enough to satisfy the public? Bad timing and poor judgement have added insult to injury. Singaporeans know that the decline in maintenance and service was because of diversification from the core transport business, especially into retail. Yet the lesson has not been learnt! Sad.
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(25-12-2012, 10:22 PM)pianist Wrote: SINGAPORE: A man has died after falling off a 27-storey building under construction at a Sengkang West Way worksite on Tuesday morning.

The 32-year-old China national's body was found at the foot of the building and pronounced dead on site by paramedics.

The Ministry of Manpower (MOM) said the worker was plastering a wall on the roof of the building when he fell through an opening. He was part of a team of four workers.

The main contractor, Chiu Teng Construction Co Pte Ltd, was engaged by the Housing and Development Board to construct four blocks of 27-storey public residential housing and a four-storey multi-storey carpark.

The contractor has been instructed to stop all plastering work on the roof as well as all work from height.

Police are investigating the case as an unnatural death.

What's this got to do with SMRT? Huh
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hi kazujirai, my bad. thanks for pointing it out. maybe u wanna delete it. thanks.
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(26-12-2012, 09:31 PM)pianist Wrote: hi kazujirai, my bad. thanks for pointing it out. maybe u wanna delete it. thanks.

Ok done.
No worries, I was just clarifying.
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Geee, I will be an old man by 2030! Tongue

The Straits Times
www.straitstimes.com
Published on Jan 17, 2013
More new MRT lines to be built by 2030


By Christopher Tan

The Government has announced a slew of new rail transit projects which will be completed by 2030. By then, Singapore's metro network will increase to 360km, from 178km today. The latest new rail projects were announced by Transport Minister Lui Tuck Yew during a visit to the Downtown Line 1's Chinatown station Thursday morning confirmed speculation .

The biggest project will be for a 50km MRT line running from Changi to Jurong that will be up by 2030. Called the Cross Island Line, it will pass towns such as Loyang, Pasir Ris, Hougang, Ang Mo Kio, Bukit Timah, West Coast and Clementi along the way. And it will have interchanges with all the current radial lines. Part of the line will have an offshoot that links Punggol to Pasir Ris.

Next is the 20km Jurong Region Line, which is targeted for completion by 2025. It is a H-shaped network linking Choa Chu Kang, Tengah, Jurong East, West Coast, Boon Lay and Jurong West to the North-South and East-West lines. It could be a medium-load system that might have a stop at the Nanyang Technological University.

Next is a 4km line that will make the Circle Line a complete circle, allowing easier access for commuters living or working on the western and eastern loops of the current line when it is completed around 2025.

The Government will also extend the North-East Line by one station north of Punggol. The 2km extension, when done by 2025, will serve the so-called "new Punggol Downtown".

Another 2km extension project, due around 2025, will see Downtown Line 3 join the current East-West and future Eastern Region lines that runs through Marine Parade.

Finally, planners are also considering building a new station along the North-South Line between Yishun and Sembawang stations to serve future developments.
My Value Investing Blog: http://sgmusicwhiz.blogspot.com/
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(17-01-2013, 10:22 AM)Musicwhiz Wrote: Geee, I will be an old man by 2030! Tongue

Let's think of it as the new lines are for our daughter, rather than for old man like us in 2030 Tongue
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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Well at least as old men we can travel in comfort all over the island in future! Instead of huffing and puffing up buses which lurch at every traffic junction..... Tongue
My Value Investing Blog: http://sgmusicwhiz.blogspot.com/
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(17-01-2013, 10:37 AM)Musicwhiz Wrote: Well at least as old men we can travel in comfort all over the island in future! Instead of huffing and puffing up buses which lurch at every traffic junction..... Tongue

As future old men, we should travel during off-peak hours which should be less crowded and comfortable, either in bus or train.

It is the youths that need to squeeze during peak hours in bus and/or train Big Grin
“夏则资皮,冬则资纱,旱则资船,水则资车” - 范蠡
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(17-01-2013, 10:56 AM)CityFarmer Wrote: It is the youths that need to squeeze during peak hours in bus and/or train Big Grin

Logical; youth waist measure between 22 to 30 whereas fully matured adults 30 to 45. Squeeze more in during rush hours Big Grin
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(21-12-2012, 12:30 AM)pianist Wrote: pasted fr cna

Dr Tan - An Unwise move for SMRT to venture into retail project at the new Sports Hub

Assuring the public that SMRT will put special effort to improve public transport has been negated by SMRT venture into a big retail project at the new Sports Hub.
What is happening?
After a change of CEO in the company, it is obvious that the culture has not changed. Tendering for retail business in this uncertain time? This is a distraction from the core transport business no matter how SMRT tries to justify its decision. All promises and attempts to revamp the bus services with the aid of govt. pumping in over $1 billion to help shoulder higher bus costs, is already seen by the public as helping privatised companies to make more profits.
Has SMRT already done enough to satisfy the public? Bad timing and poor judgement have added insult to injury. Singaporeans know that the decline in maintenance and service was because of diversification from the core transport business, especially into retail. Yet the lesson has not been learnt! Sad.

Really?? I'm a little bemused at the above posting (belatedly as it is). Frankly I dun see the logic of equating SMRT's retail business to its recent breakdown in service. That the assumption that has not been definitely proven.

Even if SMRT has been concentrating on its core business of bus and train and nothing else, I am quite sure the service failures will still have occurred.

Conversely, I think commuters are too easy to dismiss such 'distractions' and not recognising that they have been benefiting from such distractions; as its has reduced and mitigated fare increases over the years.

Many big companies has more than one revenue streams and different businesses. There's nothing to suggest that SMRT cannot run both its transport and retail businesses equally well. Or that one must be carried out at the expense of the other.

Yes SMRT management screws up and I'm not making excuses for them; but to pin it all on their retail business diversification is an easy and convenient excuse; which I personally dun think is the case. (Not vested in SMRT)
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