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Coffeeshop Chit Chat - FORMULA FOR TRANSPOST FARES</TD><TD id=msgunetc noWrap align=right>
Subscribe </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE cellSpacing=0 cellPadding=0 width="100%" border=0><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE cellSpacing=0 cellPadding=0 border=0><TBODY><TR class=msghead><TD class=msgF noWrap align=right width="1%">From: </TD><TD class=msgFname noWrap width="68%">oscar676 <NOBR></NOBR> </TD><TD class=msgDate noWrap align=right width="30%">Dec-29 6:35 pm </TD></TR><TR class=msghead><TD class=msgT noWrap align=right width="1%" height=20>To: </TD><TD class=msgTname noWrap width="68%">ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 28) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft width="1%" rowSpan=4> </TD><TD class=wintiny noWrap align=right>4514.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>On radio 938 today...
Public Transport Fare adjustment=0.5XCPI + 0.5XWage index.
No wonder fares go up when fuel prices are down lah...The wages keep going up for the MIWs no matter what the price of oil...fares how to go down.
So even if oil is FREE, based on this calculation, since MIWs pay go up by 30% or so, expect transport fare to up at least 15% hor!
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Public Transport Fare adjustment=0.5XCPI + 0.5XWage index.
No wonder fares go up when fuel prices are down lah...The wages keep going up for the MIWs no matter what the price of oil...fares how to go down.
So even if oil is FREE, based on this calculation, since MIWs pay go up by 30% or so, expect transport fare to up at least 15% hor!
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