An unwise move.
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. Link
Related:
- SMRT gets nod to manage retail space at Singapore Sports Hub - Singapore Business Review
- SMRT CEO Desmond Kuek's Broken Promises - Singapore Notes
- Fare increases needed to improve service to commuters, says Lui Tuck Yew - XIN MSN News
- We shouldn’t avoid fare increases completely: Lui Tuck Yew - Yahoo! News Singapore
