
Photo by passionfly
Bus and MRT fares are up again which again mean more guaranteed profits for public transport companies. Perhaps this is nothing new considering most people expect it to be a regular affair. After all the plot is pretty standard. Transport companies want fare increase. PTC action a bit and fight to reduce the increase. At the end of a day there will still be an increase. Then PTC convince everyone that the increase is good and necessary. Everyone sucks thumb and live happily ever after till next year where the story repeats.
This year story goes like this. The current flat fee of 67 cents will increase 4 cents to 71 cents. Of course there are the so called “benefits” from the reduction in transport transfer charges which are suppose to make us once again better off. The savings in rebate is additional 15 cents. So we actually save 7 cents! Lets now suck thumb and live happily ever after.
But wait, how true is that? Given a choice, taking a direct route is definitely still a more economic choice for transport. Every time you make a transfer, no matter what is the rebate, the fact is that you incur another flat fee! I don’t understand why the transport company are so proud that they are providing a rebate. In the first place I feel “penalized” because the transport system is not capable of linking me directly from one point to another. That is not considering other nonsense like waiting 25 minutes for a bus and being pack like sardines throughout a half hour trip.
Furthermore, if the changes are really that good to us and the transport companies are absorbing lots of cost and whatever nonsense, then my challenge to them is lets not increase the fare then. The fare increase is a zero sum game. No matter how many smoke grenades you throw, the fact is that someone must take up the cost. Who ends up taking up the cost, I think the answer is pretty obvious.
To me the issue isn’t so much of the increase because at the end of the day, I believe the majority of the commuters can bear with it. However the concern is how these increases are justified considering that these public transport companies are highly profitable and exercise a high degree of monopoly. I have nothing against companies making money but without a competitive market to keep things in check, how can we be sure that our interests are not exploited? Furthermore how well can a company serve the public if its focus is making profits?
Some may say that PTC is there to do the job of regulation but again this raise more questions? Who is there to make sure that PTC can be trusted and has the crediblity of protecting our interests? Will PTC be there to safeguard our interest or is it simply a double face organization trying to paint a story that is appealing to both the commuters and the public transport companies?
Without addressing the fundamental structure of how public transport companies operate, we can save the talk and just mark on our calendar to watch this annual wayang show by PTC and the public transport companies.
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