Ha ha Lui - Do you have anything sensible to say to Hazel Pao's logical basic Economics 101 tutorial?
Rgds
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http://forum.channelnewsasia.com/viewtopic.php?t=449554&sid=5d9f90a3843c4ae54958eb6fdfd0b733
| 1zulu wrote: |
| ah lui how can u say cherrypick route yr job is to see a fair distribution of routes that is why u r paid so much if u cannot someone can n will replace u  |
He understand it, just wayang, the first thing that strike his mind is EXTRA WORKLOAD during his term while his peer collecting the same pay[/quote
need to dig the stud in to get more out of him
otherwise hazel can take over
show him a thing or two
she is more then qualified
THE National Solidarity Party (NSP) is standing by its earlier proposal to introduce more competition in bus services, refuting Transport Minister Lui Tuck Yew's argument that this would not benefit commuters as operators would end up 'cherry-picking' the most profitable routes.
NSP secretary-general Hazel Poa said in a statement on Monday that a free market system would lead to more operators competing for high-demand routes, thus increasing the supply of buses on these routes.
This would lead to shorter waiting times, less crowded buses, more comfortable rides and more competitive pricing, said Ms Poa. 'The 'cherry' could swiftly turn into a 'lemon', forcing inefficient players out, and slowly turn into the common 'apple'. Such is the magical fruit kingdom that boring people like me call the free market,' she added.
The license fees for high-demand routes could then be used to subsidise the operation of non-profitable routes and keep them running, suggested Ms Poa. 'Greater competition can lead to more differentiated services coming into the market to serve different levels of expectations,' she said.
Mr Lui said last Thursday that the NSP's proposal would lead to commuters paying less on certain routes but paying more on longer, less profitable ones.
Last week, the NSP entered an ongoing debate between the Government and the Workers' Party following an application by public transport operators SBS Transit and SMRT Corp to the Public Transport Council to raise fares. The NSP has argued against both the Government's stand and the WP's proposal to nationalise public transport.
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http://forum.channelnewsasia.
NSP teach Lui Tuck Yew how to turn cherry to lemon to apple
NSP rebuts "cherry picking" comment by Lui Tuck Yew
By Ambiga Raju | Posted: 01 August 2011 1149 hrs
Hazel Poa (NSP)
SINGAPORE: The National Solidarity Party (NSP) has responded to Transport Minister Lui Tuck Yew's argument that its proposal for more competition in bus services would lead to "cherry-picking" of lucrative routes by multiple operators and hence be negative for commuters.
In a statement on Monday, NSP's Secretary-General Hazel Poa said lucrative routes are "lucrative because demand is high, and more commuters are packed into each bus".
She said "cherry-picking" then by multiple operators would mean more buses along these routes, leading to shorter waiting time, less congestion in the buses and hence more comfortable rides, and more competitive pricing.
"With greater supply, these lucrative routes would become less lucrative. The 'cherry' could swiftly turn into a 'lemon', forcing inefficient players out, and slowly turn into the common 'apple'. Such is the magical fruit kingdom that boring people like me call the free market," said Ms Poa.
Ms Poa also said the licence fee for the "lucrative" routes can be used to subsidise the operation of non-profitable routes.
The debate over transport was sparked by a proposal from the opposition Workers' Party (WP) for a not-for-profit National Transport Corporation to replace the current two listed public transport companies.
Mr Lui had said the WP's proposal had "serious downsides" with commuters and taxpayers likely to end up paying more.
The NSP entered the discussion arguing for more competition in bus services.
- CNA/fa/ls
