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
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Article: Comfort DelGro revises taxi fares in Singapore From: http://www.channelnewsasia.com/stories/singaporelocalnews/view/1169537/1/.html Summary Taxis are an important form of public transport as well as public service in Singapore and have a total strength of approximately 25,176 in this country. Most people in the country would opt to take public transport as compared to having a personal vehicle for transportation as the cost for maintenance for a personal vehicle is higher as compared
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Website review Name: Number: Course: Lecturer: Date: Background to the business and business goals Over the past years, tourism has undergone persistent developments and increasing diversification to emerge one of the quickest growing sectors of economy in the universe. Today’s tourism is closely related to improvements and integrates growing amount of new destinations. These changing features have converted tourism into a critical booster for socio-economic
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eportSP applies its internationally leading competence to the development and evaluation of technologies, material, products, and processes to meet its customers' needs and provide an effective link between research and commercialisation. Research in communication technology SP performs advanced research and development in communication technology, against the background of our expertise in computation methods and measurement technology. Projects aim to assist the industrial development process
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www.vtpi.org Info@vtpi.org 250-360-1560 Transit Price Elasticities and Cross-Elasticities 25 May 2012 Todd Litman Victoria Transport Policy Institute Abstract This paper summarizes price elasticities and cross elasticities for use in public transit planning. It describes how elasticities are used, and summarizes previous research on transit elasticities. Commonly used transit elasticity values are largely based on studies of short- and medium-run impacts performed decades ago when real incomes
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Hyderabad Metro is a rapid transit system, currently under construction, for the city of Hyderabad, India. It is being implemented entirely on PPP mode, with the state government holding a minority equity stake The Phase I of the project includes 3 lines covering a distance of around 71 km. The metro rail stretches between Nagole and Mettuguda (8 km) and between Miyapur and S. R. Nagar (12 km) are targeted to be operational by December 2014.In September 2012, the Indian government has approved Phase
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Chinese Urbanization: its implications and business opportunities According to a McKinsey Global Institute study, “, China will have an urbanized population over one billion by the year 2030, from approximately 600 million today. As 400 million more people move from the countryside to urban population centers, there will be massive shifts in income, consumption, and the use of public goods (mass transportation, education, etc.). These changes will have a great impact on China’s society and economy
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METRO RAIL MUMBAI Public Private Partnership – MMRDA, Reliance Energy and Veolia Transport(France) Total Distance: 147 kms Total Cost: Rs. 19,525 Crs. ‘3’ phases Total construction duration: 2006-2021 Advantages: Reduces time by 50-75% as compared to road. No Air pollution and less noise levels. Reliable, Comfortable and Safe. High-capacity: can carry 6 lane bus or 26 lane private cars. It is going to run on a dedicated elevated corridor and shall have highest levels of comfort
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Metro rail systems: Boon or bane for urban India? Indian cities will begin operating metro rail transport systems in seven cities, which taking the total number of cities with such systems to 11. But some fear that the sleek trains will be unaffordable for the vast majority of city dwellers, where 77 per cent of the population lives on less than 20 rupees (S$ 0.45) a day. Mumbai - based civil engineer Sudhir Badami, said that the metro transport system might be viable to some extent in big cities
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enhance economic growth. Second, public transit can improve economic efficiency. “For example, when a transit system allows an unemployed individual to find and keep a job, this can save the Federal Government and the States significant costs by reducing payments for such programs as unemployment compensation, Food Stamps, Temporary Assistance for Needy Families (TANF), and/or Medicaid. And, when an elderly rural resident who is unable to drive uses transit to obtain health services, this promotes
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