Sep 12, 2008
EZ-link fares to increase
By Tony Ng
The Public Transport Council (PTC) has decided to grant an overall net fare adjustment of 0.7 per cent, according to its press statement.
From October 1, 2008, the more you transfer, the more you will save. However, if you usually make a direct journey with no transfers, expect to pay more.
A journey with two transfers can see a reduction of 18 cents, and 29 cents if there are three transfers. This is due to the increment in the transfer rebate for the adult EZ-link fare, which will be raised by 15 cents to 40 cents, up from the current 25 cents. Public transport operators will bear the majority of the transfer rebate increase.
On the other hand, you will pay four cents more if you make a journey with no transfers. A four-cent increment will affect all adult EZ-link fares on buses and trains, including senior citizen concession journeys.
Commuters who take long-distance rides will also have to pay more. A new maximum EZ-link fare-band means such commuters will pay an additional five cents for buses and trains.
Cash-paying commuters will be affected as well. Cash fares are set to increase by 10 cents for adult bus and train rides.
The PTC..Pass the Cost, Punish the commuters, once again approved the increases. As usual, they will higlight on how many million dollars, they are giving out in aid, but who is counting the 'beans'?. Will there be an independent body to monitor how much of the money is paid out?, and knowing singapore system very well, to get that aid, is not easy!.
Haven't people heard of the the mulitplier effect?, the increases maybe small, factor in the rebates, but if you travel often; the costs adds up!.
Furthermore, you have already parted with your money, when one top up their ez link fare card, which means the transportataion companies, would have your money in their bank accounts, when you depletes yours.
If you do not spend the money, one effectively have donated your hard earned money!, so what so great about rebates then?
The transport providers is a monopolist or oligopolists, how can they, loose money, even if you cheat them of fares!
lastly, ridership had gone up, due to rising cost of petrol, ERP's etc., in which many had switched to public transport, and this add up to more profits.
Yet!, every year they are asking for an increase!, and these increase often happen after, the people gets their 'candies', in form of GST credits etc.., what a co-incdence, isn't it!
Most people just accept, any increases that come their way, without a protest or making any noises, what an unique SINGAPORE!