Transport Fare Hikes – Still Necessary Now?

Are You Ready for the
Ride?











As expected, the two public
transport operators (PTOs) in Singapore, ComfortDelGro (CDG) and SMRT had
achieved unprecedented profits due mostly to the more than 60% drop in oil
prices over most of their past financial operating year.  It
was reported that CDG’s FY14 revenue rose 8.1% while its PATMI (post-tax
profits minus interests) grew 7.7%.  Its