... SMRT operates two out of the three MRT lines in Singapore (81.7% of the whole network) as well as the Bukit Panjang LRT system (27.1% of the rail length). The company’s bus and taxi operations form a marginal part of the transport systems at an estimate of 26.5% and 12.3% respectively, based on fleet size. In October 2008, public transport fare was increased by a net 0.7%. Transfer rebates were increased by 10 cents while all adult and senior citizen fares were increased by 4.0 cents per ride. However, with the recent shrinking of the Singapore economy, SMRT decided to roll out a fare reduction package from April 2009. The package will include a 4.6% reduction in bus and train fares and higher transfer rebates. 2. ANALYSIS OF INDUSTRY 2.1 Intensity of Rivalry among existing Competitors The public transport industry in Singapore is a duopoly industry, with SBS Transit being the only competitor in SMRT’s core operations, which is MRT and buses. Even so, SMRT’s operations are more focused on the MRT segment (53.96% of total revenue) while the major operating segment of SBS is in the bus industry (79.77% of total turnover). Therefore, there is very little competition between SMRT and SBS. Consumers are also not able to switch from one competitor to another as the train and bus network of SMRT and SBS cover different geographical areas of Singapore. In addition, there is no price war among the rivals because fare prices for buses and trains...
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...success of Singapore’s infrastructure. This duopoly transportation system is dominated by 2 major players, one of which is my choice of organisation, Singapore Mass Rapid Transport Corporation Limited. (Also known as SMRT Corporation Ltd). In fact, total number of passengers utilising public transport has been growing constantly since Year 2000. For the year ended 31 December 2010, a highest record of 726,034,000 passengers was achieved (Yearbook of Statistics Singapore, 2011). And contributing to this significant figure is I myself, as a daily commuter, utilising SMRT trains and buses daily to travel to and fro school and workplace. Despite such high volume of riders and revenues, SMRT Corporation applied to government for increasing fares, discontentment arises among commuters and painted a negative image on the company. I felt spellbound to analyse this...
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...1. The aftermath of Typhoons and monsoon: DepEd oblige schools to do make-up classes after a row of class suspensions last week • A big part of Luzon has been flooded due to southwest monsoon caused by typhoon Falcon last week. The bad weather condition affects schools, colleges and universities in metro manila and in different parts of Luzon that suspends classes for 3 consecutive days. It is to ensure the safety and security of the students. In return, the students will have to compensate all the suspensions with make-up classes to complete the 201 calendar year imposed by DepEd. School division superintendents will be the one to decide what type of make-up classes will they implement. It’s either make-up classes that will fall during weekends, or by simply extending the class hours during weekdays. These make-up classes are effective for both public and private schools. • It is interesting because I can relate to the topic. As a college student, I am personally involved and concerned with the issue and it has a direct effect on me. • I don’t have any negative reaction on this issue since It’s caused by natural calamities and no one wants it to happen, so make-up classes is a good alternative. I think same goes for college students like us. It’s just right to have make-up classes because we’re paying a big amount of money and we will just get nothing in return? So those 3 days is a huge loss for us and we need to take them back through these make-up classes. My other concern...
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...Social The average daily ridership (‘000 passenger-trips) for MRT is 2295, LRT is 111, Bus is 3385 and taxi is 933 (Land Transport Authority 2003). Growing population, exponentially growing COE prices, growing MRT line coverage , sophisticated bus services, high reliable MRT system are some of the factors that increase ridership. Thus any increase in the ridership affects positively the SMRT. Technological SMRT Institute which is a subsidiary of SMRT provides educational programmes to meet and grow the technological advancements in the land transportation. Nitec in Rapid Transit Technology programme jointly developed by the Institute of Technical Education and SMRT Institute provides strong foundation for students in the railway technology. This is programme is first of its kind in Southeast Asia (SMRT Corporation Ltd 2008-2012b). SMRT International Pte Ltd, a WOS (wholly-owned subsidiary) of SMRT so strong in technology offers PM (project management), O&M (operations and maintenance), engineering and consultancy services road to rail and road transport owners around the world. SMRT International Pte Ltd services clients in various parts of the world and they are China, the Middle East, India, Taiwan, the Philippines, Thailand and Vietnam (SMRT Corporation Ltd 2008-2012c). SMRT’s SMRT institute with world class programs and projects outside Singapore would help SMRT to have an edge in fast developing technology. Environmental Singapore is one of the...
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... What is the main important of that ACHIEVEMENT AND ACCOMPLISHMENT, Body The last ACCOMPLISHMENT AND ACHIEVEMENT were conducted ON 2010-2013 this year were focused on the achievement of the government on hid term such as approval of the sin tax reform law and ‘responsible parenthood law’ (RH law), reforms in education system (K-12), pantawid Pamilyang Pilipino Program (4p’s), increase in number TESDA graduates, increase in philhealth enrolles from 62% to 81% and improved benefits, allocation of P6.2 billion for flood control in metro manila, completion of 9,377 housing units for typhoon sendong victims, 63% reduction in number of private armed groups,21.4 increase in foreign tourist arrivals in 2012 and 7.8% GDP (Gross Domestic Product) growth during the first quarter of 2013. It also highlights some of the changes to hike SSS contributions and train fares. Pnoy said the need to reform pension scheme is necessary to avoid depletion of SSS funds in the next 28 years. He also explains that fare hikes in MRT and LRT will be implemented. The government subsidizes each passenger’s fare by as much as P45 and said to be unfair to residents from Visayas and Mindanao who never set foot on the trains but fund the train operation. But according to critics or analysts, president Aquino did not mention solid agenda on how he will lead us to his ‘Daang Matuwid’ campaign until 2016. Nancy Binay highlights that pnoy didn’t include on his speech ways to improve employment rate in...
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...Message Board of Directors Senior Management Organisational Structure Group Structure Corporate Information Corporate Directory Corporate Governance Key Dynamics & Risk Management Corporate Social Responsibility Highlights 25 1.0% Grassroots 26 27 30 47 54 64 0.3% Education 56.1% Corporate Giving in FY2012 86 76 Social Services Operating & Financial Review Fare Revenue ($m) 68 72 CEO's Message Company Overview & Background Group Performance Value Added & Economic Value Added Analysis SMRT and Our Shareholders SMRT Trains & SMRT Light Rail SMRT Buses SMRT Automotive Services SMRT Taxis SMRT Investments (Properties & Media) SMRT International & SMRT Engineering 749.6 9.4 213.1 800.5 10.1 76 220.4 82 84 527.1 569.9 86 92 96 FY2011 Train Bus FY2012 LRT 98 100 102 Financial Report 105 190 191 193 203 Financial Contents Group Properties & Interested Person Transactions Shareholding Statistics Notice of Annual General Meeting Proxy Form SMRT Corporation Ltd Annual Report 2012 1 Milestones 1987 Singapore’s first Mass Rapid Transit system (MRT) opens for service Train service from Yio Chu Kang to Toa Payoh commences Train service from Novena to Outram Park commences 1988 Train service from Tiong Bahru to Clementi commences Train service from Jurong East to Lakeside commences Train service from Kathib to Yishun commences 1989 Train service from Bugis to Tanah Merah commences Train service from Simei to Pasir...
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...to last year. SONA this year were focused on the achievements of the government on his term such as approval of the Sin Tax Reform Law and “ Responsible Parenthood Law”( RH Law), reforms in Education System(K-12), Pantawid Pamilyang Pilipino Program(4Ps), increase in number of TESDA graduates, increase in Phil Health enrollees from 62% to 81% and improved benefits, allocation of P 6.2 Billion for flood control in Metro Manila, completion of 9,377 housing units for typhoon Sendong victims, 63% reduction in number of private armed groups, 21.4 increase in foreign tourists arrivals in 2012 and 7.85 GDP(Gross Domestic Product) growth the first quarter of 2013. However, it also highlights some of the changes to hike SSS contributions and train fares. “We believe that it is time to amend the SSS Pension Scheme. We must establish measures that remedy the outflow of funds. If we add 0.6% to the contribution rate, it will immediately deduct P 141 billion from the unfunded liability, “Aquino said. Pnoy said the need to reform pension Scheme is necessary to avoid depletion of SSS funds in the next 28 years. He also explains that fare hikes in MRT and LRT will be implemented. The government subsidizes each passenger’s fare by as much as P 45 and said to be unfair to residents from Visayas and Mindanao whoever set foot on the trains but fund the train operations. It is common that SONA, President always make promises. Here are the some of the actions items of Aquino government...
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...Universiti Tunku Abdul Rahman Faculty of Science (Academic Year 2013/2014) May 2013 Tri-Mester UDPL 2333 TRANSPORT PLANNING AND DEMAND ANALYSIS GROUP ASSIGNMENT COVER SHEET Course Details Course | : Bachelor of Science (Hons) Logistics and International Shipping | Year and Semester | : Y2T2, Y2T3 | Tutorial Group | : T1 | Tutor’s Name | : En. Mohamad Fared bin Mohamad Makmor | Lecturer’s Name | : En. Mohamad Fared bin Mohamad Makmor | Assignment Detail Topic : Land Public Transport Commission (SPAD) Due Date : Monday, 26th. August 2013, Week 14 Important Note : Submission of assignment is the responsibility of the students. Student Details Name | Student ID | 1. Ho Kah Sing | 1003725 | 2. Lim Ji Wei | 1201176 | 3. Lim Jia Yap | 1005132 | 4. Ng Joe Yee | 1002691 | 5. Sow Szu Jie | 1200926 | 6. Yap Hui Woon | 1200685 | Assignment overall marks: Universiti Tunku Abdul Rahman Faculty of Science (Academic Year 2013/2014) May 2013 Tri-Mester UDPL 2333 TRANSPORT PLANNING AND DEMAND ANALYSIS BACHELOR OF SCIENCE (HONS) LOGISTICS AND INTERNATIONAL SHIPPING YEAR 2, TRIMESTER 2 MARKING SCHEME FOR GROUP ASSIGNMENT No. | Guideline Criteria | Rating | Actual Score | 1. | Company Background | 2 marks | | 2. | Analysis | 5 marks | | 3. | Strategy Analysis | 3 marks | | 4. | Recommendations | 6 marks | | 5. | Conclusion | 2 marks | | | Project Organization | 2 marks | | |...
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...elections. * He cited the Pantawid Pamilyang Pilipino Program (4Ps) and increase in number of TESDA graduates. * He said the conditional cash transfer (CCT) program will cover families with high school students, not just elementary pupils, starting next year. * Aquino mentioned DepEd secretary Armin Luistro, adding that classroom shortage will be addressed by the education department within the year. * The President said rice self-sufficiency and coconut intercropping, which will boost agricultural growth, are among the administration’s targets. There will be 434 sites for coconut intercropping. * Aquino mentioned Hacienda Luisita, saying determination of lots for beneficiaries started last week. * PhilHealth enrolees, he said, increased from 62% to 81%; benefits were also enhanced. * This year, multi-hazard zone mapping was finished while geohazard mapping of Metro Manila to be completed by next year. * The perennial problem of Metro Manila flooding has been addressed. P6.2 Billion has been allocated for flood control in Metro Manila. * 9,377 housing units have been completed for victims of Typhoon Sendong while 26,050 houses were built for policemen and soldiers in the second phase of the housing project. * Pension for AFP and PNP personnel is at P61 Billion for 2013. * Aquino calls for review and amendment of SSS pension fund scheme. He urged a slight increase in SSS contributions. * The president noted that the government is...
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...8. Selection of alternatives 21 8.1. Chosen Alternative 21 8.2. How is the chosen alternative superior to the rejected alternative? 21 8.3. Weakness of the chosen alternative and how to overcome 22 9. Implementation 22 10. Evaluation and Control 23 11. Conclusion 23 12. References 24 13. Appendix 27 13.1. Appendix 1: SMRT Operating Metrics 27 13.2. Appendix 2: Porter’s Five Forces 28 13.3. Appendix 3: SMRT List of subsidiaries companies 29 1. Executive Summary SMRT provides transportation to 5.5 million people (Department of Statistics Singapore 2015) and tourists and is one of the two major players in the transport network in Singapore. It offers a safe and reliable network of buses, taxis, Light Rail Transit (LRT) system and the Mass Rapid Transit (MRT). SMRT also...
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...Issue: The government (Philippines) is one big enterprise. It is equipped with adequate resources to manage its affairs in fulfilling its mission to provide basic social services, infrastructure development, etc. As a student of MBA, assess and react on its present economic status taking into account the financial difficulties brought about by national calamities, graft and corruption, mismanagement, bloated bureaucracy, etc. What innovations do you suggest/introduce to uplift its economic status? Our country is one of the world’s fastest growing economies having an emerging economic status. In Asia, Philippines is the fastest growing Asian country. This is evidenced by 7 percent increase in the domestic economy for the third quarter in 2013 having a gross domestic product growth of 7.4 percent in the first three quarters compared with 6.7 percent in the same period in 2012. A property boom and the services sector were the main drivers of the economic expansion. However, our economy is expected to grow about 7 percent only by end of the year as expansion in October-December is stunted by Typhoon Haiyan. Economic Planning Secretary Arsenio Balisacan said Super Typhoon Haiyan would cut up to 0.8 percentage points from gross domestic product growth in the last quarter of the year. Yes, we all know that Philippine economy faced very difficult issues but challenging year in 2013. Let me mention the famous ones, on political and financial issues is the...
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...State of the Nation Address of His Excellency Benigno S. Aquino III President of the Philippines To the Congress of the Philippines [This is an English translation of the SONA delivered at the Session Hall of the House of Representatives, Batasang Pambansa Complex, Quezon City, on July 22, 2013] This is my fourth SONA; only two remain. Almost four years have passed since I was approached by various camps to urge me to run for the presidency. They said: “We know that our country’s problems cannot be solved in the blink of an eye, in one year, or even within the six-year term of a President. But just begin, and we will be one with you in nurturing change.” Even then, I was aware of the significant problems that I would have to face. From being a candidate, to being President, or even after I step down from office, the difficulties I will have to face are no joke. Widespread transformation of society is my objective, and I am aware that there are many things and many people I would have to confront in order to achieve this. But I was not raised by my parents to back down in the face of challenges. I would not be able to live with myself if I had refused the chance to alleviate the suffering the Filipino should not have to endure. We have answered the call, and those who have been with us from the start have only grown in number. I believe that if what I have been doing is right, then our allies will only grow. Just this May, I asked you, Boss, are we going in the right direction...
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...JUAN’S DELI Serving great pizza from ours to your! Executive summary Company Profile Juan’s Deli is a classy restaurant serving Filipino inspired taste of pizza, pasta, salad and drinks intended to satisfy the taste of middle class to high class Filipino and Foreigner citizens. Guests are welcomed by the servers with warm smiles and greets, characteristic of Filipino hospitality.. The stylish yet cozy ambience and artistic food presentation are topped with the rich flavors that will make every Filipino proud, and every foreigner’s palate fly back for more. Innovative dishes like pan de sal spaghetti pizza, laing pizza and sisig pizza is a delectable treat for all. Vision * To maintain a profitable operation that will continue our tradition of quality Filipino inspired dining, at a reasonable cost, in a comfortable atmosphere. Mission Juan’s Deli has a mission: * To sell delicious and remarkable Filipino inspired food and drinks. That the food and drinks we sell meets the highest standards of quality, freshness and seasonality and combines both modern-creative and traditional Filipino styles of cooking. * To ensure that each guest receive prompt, professional, friendly and courteous service. * To maintain a clean, comfortable and well maintained premises for our guest and staffs. * To ensure that all guest and staff are treated with the respect and dignity they deserve. To thank each guest for the opportunity to serve them. Objectives ...
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...Is Singapore a sustainable World City? SUSTAINABLE CITY - is a city designed with consideration of environmental impact, inhabited by people dedicated to minimization of required inputs of energy, water and food, and waste output of heat, air pollution - CO2, methane, and water pollution. It should meet the needs of the present without sacrificing the ability of future generations to meet their own needs. Urban Redevelopment Authority (URA) is Singapore’s land use planning and conservation authority with the mission to make Singapore a great city to live, work and play, striving to create a vibrant and sustainable city of distinction by planning and facilitating Singapore’s physical development in partnership with the community. - Singapore’s remarkable transformation from an overcrowded country suffering from a lack of housing, land limitations and poor infrastructure to an environmentally sustainable international business hub is a result of proactive and farsighted planning by URA. - During the 1960s and 1970s, extensive urban renewal projects were undertaken to address the problems of a new nation—overcrowding, inadequate infrastructure, and lack of proper housing. The critical tasks for the government then were to clear out the slums, provide public housing, and encourage economic growth by creating space for industries, and then to create a vision for our city’s urban landscape that would help Singapore in the long-term - The challenge is to keep pace with the changing...
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...PUJ versus AUV Rivalry of Development and Survival In and Out of the Road The Case of Transport Industry in Metro Manila Philippines Candy Lim Chiu, MBA, Kyoto University, Kyoto, Japan Hiromi Shioji, D. Econ, Kyoto University, Kyoto, Japan ABSTRACT The Public Utility Jeepney (PUJ) industry’s days are numbered despite the fact that it is an epitome of Philippine ingenuity on hybrid vehicle, cheap transportation, means of livelihood and employment generator that spans more than 50 years as the King of the Road. Its detour in the Philippine economy continue to be challenge by factors such as indirect government support, environmental issues, social demands, economic crisis, transport competition and entrance of substitution of Asian Utility Vehicle (AUV) that collide from all direction living the industry in jeopardy. This paper examines the similarities, differences and trends of transport business and industry in the Philippines concentrating to two major rival mode namely PUJ and AUV where it present diverse lessons to be shared for future studies of transportation business and industry around the globe. Ultimately, it aims to make recommendation on measures of ensuring a level of playing field between the players with the existence of substantial economic potential, industry improvement and concrete policy instrument. INTRODUCTION From downtown city of Metro Manila famously overcrowded public utility vehicles (PUV) headed by the legendary Public...
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