Diary of A Singaporean Mind, 28 Aug 2008"SMRT is excellent because of the profits it makes - the more profits the better they become. No wonder Raymond Lim is so agreeable to fare hikes that boost SMRT's bottomline- all he wants is for Singaporeans to have better public transport. Raymond Lim also tells us that going private has resulted in cost savings - it is strange that I don't remember SMRT ever cutting fares with those cost savings....if there is so much cost savings why do they need to raise fares? The answer is very simple - "profits drive SMRT to excel"."
Read More
