TR EMERITUS

The Monetary Authority of Singapore(MAS) made Singapore the butt of jokes in the financial world recently when they passed a law, requiring anyone without relevant work or trading experience to pass a test before they are allowed to buy a mutual fund. The MAS believe they can “protect” uninformed investors and... 

TransCab announced on 20 Dec that it will be the third operator to increase its fares, after SMRT Taxis and ComfortDelgro [Link]. Indeed, both SMRT and Trans-cab, being copycats, followed exactly the fare structure of Comfort. And true enough, the Competition Commission of Singapore, a Govt Stat Board, did not take any... 

Chia Thye Poh may be forgiven for thinking that after 33 years in confinement, people from both ends of the Causeway have relegated him to the annals of history. On the evidence of the reception he received at the Confucian Private Secondary School in Lorong Hang Jebat here yesterday, the 70-year-old is still fondly remembered,... 

(Dec 21) – A New Zealander accused of taking part in a drunken taxi rampage in Singapore has skipped bail and his family say he has no plans to return. An arrest warrant had been issued for former Junior Tall Black Robert Dahlberg, 34, who was working as a broker, Singapore police said. The Nelson man was charged... 

一年前，我就开始写好几篇文章谈论每下愈况的新加坡公共交通。当然，这些文章吸引了一些老生常谈的批评，说我是非理性的反对行动党。好了，前几天大家都亲眼得见地铁行不得也哥哥了。服务中断了好几个小时，乘客在不通风的情况被困在黑暗里。有人拿起一罐灭火器打破了车窗，那么众人才能够喘一口气。最后乘客还得自己想办法打开车门，才能自行走出去。 这... 

I am a cab driver and I am against the fare hike. But I would like to shed some lights on this fare hike issue: 1. ComfortDelgro could not have just come out with the new fare structure on its own. It must have a few meetings with their Drivers’ Association (they called it Taxi Operator Association) and the NTOA (of course,... 

I refer to the report “CPF keeps 4% Special and Medisave Account interest rate” (Channel NewsAsia, Dec 19). It states that “from January 1 next year, the Medisave Required Amount (MRA) will be raised from the current S$27,500 to S$32,000”. This is an increase of about 16 per cent ($32,000 divided by $27,500). Since... 

Prime Taxi is the only operator that has yet to submit a notification of raised fares Riding hot on the fare-hike bandwagon, at least 4 more Taxi companies have filed notifications with the Public Transport Council (PTC) of their intentions to raise fares. The PTC confirmed that it has received notifications from Premier... 

Interesting to read our Honourable Deputy PM Teo Chee Hean reportedly said these words two days ago during an emergency preparedness event at Apex Harmony Lodge: “Every organization must have its own processes and procedures…I think that is the most important thing….The people running the system can exercise initiative... 

ComfortDelgro taxi drivers had complained that the recent 10% taxi fare hike have taken a drastic toll in drivers’ earnings by as much as 30%. According to a taxi driver with 20 year experience, Mr Mayandee Vengadasalam lamented that the number of advanced bookings has also fallen four folds on a weekday. Another...