SBA 2018 Mr Jaspal Singh Dossier
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Report of the Delegation of the Panel on Transport on Its Duty Visit To
LC Paper No. CB(4)823/14-15 The Legislative Council of the Hong Kong Special Administrative Region ___________________________________________ Delegation of the Panel on Transport Report on the duty visit to Singapore to study its experience in development and provision of public transport facilities and traffic control measures 23 to 26 September 2014 ___________________________________________ TABLE OF CONTENTS Page Chapter 1 Introduction 1.1 Purpose of the report 1 1.2 Background of the visit 1 1.3 Objectives of the visit 2 1.4 Membership of the delegation 3 1.5 Visit programme 3 2 Overview of the transport strategy in Singapore 2.1 Overview 4 2.2 Building up a quality public transport system 5 2.3 Maximizing road network efficiency capacity 6 2.4 Establishing a bike-friendly city 7 2.5 Enhancing accessibility to public transport 7 3 Visits and exchanges 3.1 Meeting with the Minister for Transport 8 3.2 Meeting with the representatives of the Land Transport 14 Authority 3.3 Meeting with the Chairman and Deputy Chairman of 23 the Government Parliamentary Committee for Transport 3.4 Meeting with the representatives of the SBS Transit and 29 visit to the North East Line's Operations Control Centre and the Sengkang Integrated Transport Hub 3.5 Meeting with the Director of the Hong Kong Economic 39 and Trade Office in Singapore 3.6 Visit to the Marina Bay Cruise Centre Singapore and its 43 connecting transport facilities 3.7 Visit to cycling facilities near Pasir Ris Town 47 4 Observations and conclusions 4.1 Observations 51 4.2 Conclusions 55 TABLE OF CONTENTS Acknowledgements 56 Acronyms and Abbreviations 57 Appendices I Visit programme 58 II List of the organizations and persons met by the delegation 59 References 61 CHAPTER 1 — INTRODUCTION 1.1 Purpose of the report 1.1.1 A delegation of the Panel on Transport ("the Panel") of the Legislative Council visited Singapore from 23 to 26 September 2014 to study the country's experience in development and provision of public transport facilities and traffic control measures. -
Condominium with the Widest Reservoir Frontage in Sengkang Previews This Friday
PRESS RELEASE For Immediate Release Condominium with the Widest Reservoir Frontage in Sengkang Previews this Friday Offers Eight Exclusive Waterfront Landed Homes Singapore, 12 February 2014 – Joint developers Frasers Centrepoint Limited, Far East Orchard Limited, and Sekisui House, Ltd. will preview their latest private residential project, RiverTrees Residences, located in Sengkang, this Friday, 14 February 2014. Expected to be completed in 20181, RiverTrees Residences sits on a scenic site along the Sungei Punggol Reservoir, and has around 150 metres of reservoir frontage, the widest among all developments in the area. Over 90% of its units will have views of the reservoir. Designed to maximise residents’ views of the reservoir, apartment blocks in RiverTrees Residences are spread out in a crescent shape facing the reservoir, overlooking a cluster of eight strata-titled landed homes within the development, called ‘Cove Houses’. Positioned just 10 metres from the reservoir’s edge, ‘Cove Houses’ are the only waterfront landed houses in Singapore, apart from those at Sentosa Cove. Each of these duplex three-bedroom houses will have a direct view of the reservoir from the living, dining, and bedroom areas, as well as a private carpark lot. Mr Cheang Kok Kheong, Chief Executive Officer, Development and Property, Singapore, Frasers Centrepoint Limited, commented, “The beauty of RiverTrees Residences’ location is compelling. We expect great interest from prospective home buyers as it offers them an opportunity to own a home with an unblocked view of the Sungei Punggol Reservoir. It is located very close to nature yet provides excellent connectivity to the variety of amenities in the vicinity.” Strategic Location with Potential for Value Appreciation Situated at Fernvale Close, the development is within a three-minute walk from the Layar LRT Station, which is linked to the Sengkang MRT Station along the North East MRT Line. -
UC Berkeley Earlier Faculty Research
UC Berkeley Earlier Faculty Research Title The Transit-Oriented Global Centers for Competitiveness and Livability: State Strategies and Market Responses in Asia Permalink https://escholarship.org/uc/item/44g9t8mj Author Murakami, Jin Publication Date 2010 eScholarship.org Powered by the California Digital Library University of California University of California Transportation Center UCTC Dissertation No. UCTC-DISS-2010-02 The Transit-Oriented Global Centers for Competitiveness and Livability: State Strategies and Market Responses in Asia Jin Murakami University of California, Berkeley 2010 The Transit-Oriented Global Centers for Competitiveness and Livability: State Strategies and Market Responses in Asia by Jin Murakami A dissertation submitted in partial satisfaction of the requirements for the degree of Doctor of Philosophy in City and Regional Planning in the Graduate Division of the University of California, Berkeley Committee in charge: Professor Robert B. Cervero, Chair Associate Professor Karen S. Christensen Professor Harrison S. Fraker Spring 2010 The Transit-Oriented Global Centers for Competitiveness and Livability: State Strategies and Market Responses in Asia © 2010 by Jin Murakami Abstract The Transit-Oriented Global Centers for Competitiveness and Livability: State Strategies and Market Responses in Asia by Jin Murakami Doctor of Philosophy in City and Regional Planning University of California, Berkeley Professor Robert B. Cervero, Chair Over the past two decades, the spatial development patterns of city-regions have increasingly been shaped by global-scale centripetal and centrifugal market forces. Complex managerial tasks and specialized producer services agglomerate in the central locations of global city-regions, whereas standardized assemble lines, wholesale inventories, and customer services stretch over the peripheral locations of global production networks. -
Operations Review
OPERATIONS REVIEW SINGAPORE PUBLIC TRANSPORT SERVICES (BUS & RAIL) • TAXI AUTOMOTIVE ENGINEERING SERVICES • INSPECTION & TESTING SERVICES DRIVING CENTRE • CAR RENTAL & LEASING • INSURANCE BROKING SERVICES OUTDOOR ADVERTISING Public Transport Services The inaugural On-Demand Public Bus ComfortDelGro Corporation Limited is Services trial, where SBS Transit operated a leading provider of land transport and five bus routes – three in the Joo Koon area related services in Singapore. and two in the Marina-Downtown area – for 2.26 the LTA ended in June 2019. Conducted REVENUE Scheduled Bus during off-peak hours on weekdays, (S$BILLION) SBS Transit Ltd entered into its fourth year commuters could book a ride with an app of operating under the Bus Contracting and request to be picked up and dropped Model (BCM) in 2019, where the provision off at any bus stop within the defined areas. of bus services and the corresponding It was concluded by the LTA that such bus standards are all determined by the Land services were not cost-effective due to Transport Authority (LTA). Under this model, the high technology costs required in the Government retains the fare revenue scaling up. and owns all infrastructure and operating assets such as depots and buses. A major highlight in 2019 was SBS Transit’s active involvement in the three-month long 17,358 Bus routes in Singapore are bundled into public trial of driverless buses on Sentosa TOTAL OPERATING 14 bus packages. Of these, SBS Transit Island with ST Engineering. Operated as an FLEET SIZE operated nine. During the year, it continued on-demand service, visitors on the island to be the biggest public bus operator with could book a shuttle ride on any of the a market share of 61.1%. -
THE HUMBLE BEGINNINGS of the INQUIRER LIFESTYLE SERIES: FITNESS FASHION with SAMSUNG July 9, 2014 FASHION SHOW]
1 The Humble Beginnings of “Inquirer Lifestyle Series: Fitness and Fashion with Samsung Show” Contents Presidents of the Republic of the Philippines ................................................................ 8 Vice-Presidents of the Republic of the Philippines ....................................................... 9 Popes .................................................................................................................................. 9 Board Members .............................................................................................................. 15 Inquirer Fitness and Fashion Board ........................................................................... 15 July 1, 2013 - present ............................................................................................... 15 Philippine Daily Inquirer Executives .......................................................................... 16 Fitness.Fashion Show Project Directors ..................................................................... 16 Metro Manila Council................................................................................................. 16 June 30, 2010 to June 30, 2016 .............................................................................. 16 June 30, 2013 to present ........................................................................................ 17 Days to Remember (January 1, AD 1 to June 30, 2013) ........................................... 17 The Philippines under Spain ...................................................................................... -
Comfortdelgro Corporation CFA Global Investment Research Challenge Crystal Research (Asia Pacific Region ‐ Singapore) April 2009
ComfortDelGro Corporation CFA Global Investment Research Challenge Crystal Research (Asia Pacific Region ‐ Singapore) April 2009 1 DOMESTIC INTERNATIONAL RISK REWARD INTRODUCTION VALUATION OUTLOOK STRATEGY ANALYSIS Corporate Profile ComfortDelGro Corporation World’s 2nd largest land transport Multiple company in fleet acquisitions in size 7 countries Merger of Comfort Group & DelGro Corp in 2003 2 Conclusion Domestic Earnings Depression Ahead Momentum for • Three different valuation International Growth Impeded approaches suggest further downside of 18‐25% from current levels Expensive Valuation: • SELL reiterated Premium Unjustified • TtTarget price set at $1.10 based on DCF –FCFF approach 3 DOMESTIC INTERNATIONAL RISK REWARD INTRODUCTION VALUATION OUTLOOK STRATEGY ANALYSIS Others Australia 04%0.4% $2.30 Domestic:7% Earnings China Depression8% Ahead Singapore $2.00 57% $1.70 $1.40 ComfortDelgro $1.10 ? UK/Ireland 27% $0.80 International: Impetus Expensive Valuation: for Growth Hindered Premium Unjustified 4 DOMESTIC INTERNATIONAL RISK REWARD INTRODUCTION VALUATION OUTLOOK STRATEGY ANALYSIS Singapore Market Analysis Bus Revenue Facing Significant Headwinds Significant Headwinds in Bus Market Erosion of Taxi Rental Margins IntroduceSingapore BusCompetitive & Rail Ridership tendering % Growth Disintegration of Land Transport 15% new ppylayers of bus routes duoppyoly structure Immaterial Rail Au thority Contribution Master Plan GreaterEast rail‐ Westpenetration Rail Substitution effectNorth of new‐East rail Rail 10% cannibalisingLine extension -
Comfortdelgro Taxi Launches Programme to Reward Multi-Modal Transport Users
COMFORTDELGRO TAXI LAUNCHES PROGRAMME TO REWARD MULTI-MODAL TRANSPORT USERS 28 June 2017 – Hopping into a taxi after that bus or train ride will get a lot more rewarding – and we aren’t just referring to the convenience it offers. In its latest move to further enhance its service offerings, ComfortDelGro Taxi is launching a new initiative – “CabRewards +” – to reward taxi passengers who travel on public buses and trains. This is how the new programme works: Passengers who continue their journeys with ComfortDelGro taxis after alighting from buses or trains will get double the number of cabpoints earned. So a $10 cab ride will earn 20 cabpoints which can be used to redeem for a variety of rewards including instant discounts for taxi booking jobs via the ComfortDelGro App, taxi vouchers or free transfers to the airport via the CabRewards website (https://cabrewards.cdgtaxi.com.sg). To further sweeten the offer, these “multi-modal taxi trips” will earn 10 times the number of cabpoints during the launch promotional period which will end on 31 July 2017. For example, a taxi ride of $10 will earn 100 cabpoints. The new scheme will be rolled out in two stages. During the pilot phase, taxi rides made after bus and train rides on SBS Transit buses or the North East Line, Downtown Line as well as Sengkang and Punggol Light Rail Transit systems will earn extra cabpoints. It does not matter whether the taxi ride is street hailed or a call/app booking, or if the fares are paid for in cash or by card 1. -
Information Memorandum for Mercatus' Multi-Currency Medium
IMPORTANT NOTICE NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. PERSONS IMPORTANT: You must read the following disclaimer before continuing. The following disclaimer applies to the attached information memorandum. You are advised to read this disclaimer carefully before accessing, reading or making any other use of the attached information memorandum. In accessing the attached information memorandum, you agree to be bound by the following terms and conditions, including any modifications to them from time to time, each time you receive any information from us as a result of such access. Confirmation of Your Representation: In order to be eligible to view the attached information memorandum or make an investment decision with respect to the securities, investors must not be a U.S. person (within the meaning of Regulation S under the Securities Act (as defined below)). The attached information memorandum is being sent at your request and by accepting the e-mail and accessing the attached information memorandum, you shall be deemed to have represented to us (1) that you are not resident in the United States (“U.S.”) nor a U.S. Person, as defined in Regulation S under the U.S. Securities Act of 1933, as amended (the “Securities Act”), nor are you acting on behalf of a U.S. Person, the electronic mail address that you gave us and to which this e-mail has been delivered is not located in the U.S. and, to the extent you purchase the securities described in the attached information memorandum, you will be doing so pursuant to Regulation S under the Securities Act, and (2) that you consent to delivery of the attached information memorandum and any amendments or supplements thereto by electronic transmission. -
Comfortdelgro(CD
Company Update Singapore 22 July 2019 Transport | Road & Rail ComfortDelGro (CD SP) Neutral (Maintained) Positive On Long-Term Outlook Target Price (Return) SGD2.65 (-5%) Price: SGD2.(+xx%)80 Market Cap: USD4,462m Avg Daily Turnover (SGD/USD) 19.5m/14.4m Maintain NEUTRAL and DCF-based SGD2.65 TP, 5% downside. We Analyst remain confident of CD’s earnings growth, aided by contributions from recent acquisitions, and its public transport unit’s growth. Any reduction in Singapore Shekhar Jaiswal rail losses amidst higher transport fares or government grants received could +65 6232 3894 lift earnings and our TP. We leave our estimates unchanged as details have [email protected] been sparse. We like the defensive nature of CD’s earnings. Still, the stock Share Performance (%) looks fairly priced – trading at 18.3x 2019F P/E (5-year average: 15 x). YTD 1m 3m 6m 12m Earnings sensitivity of public transport business revenue. Although the Absolute public transport business is expected to be the key driver of earnings growth 30.2 7.3 7.3 30.8 19.7 Relative during the forecast period, its growth has been dragged by loss making rail 20.2 4.5 6.4 26.1 16.6 business in Singapore. 52-wk Price low/high (SGD) 2.07 – 2.90 ComfortDelGro’s (CD) North East MRT line (NEL) is operating under the new ComfortDelGro (CD SP) Price close rail financing framework, which puts a cap on operating margin. And its 3.0 Downtown MRT line (DTL) has been incurring losses amidst lower-than- estimated ridership and fares. -
Sbs Transit Teams up with Ratp Dev to Deliver World-Class Metro Services in Singapore
SBS TRANSIT TEAMS UP WITH RATP DEV TO DELIVER WORLD-CLASS METRO SERVICES IN SINGAPORE 15 December 2020 - SBS Transit and France’s RATP Dev have formally entered into a strategic partnership that will set a new benchmark in delivering world-class metro services in Singapore. A new jointly-owned company helmed by a dedicated team of experienced staff, who will be selected from both organisations, will be set up to vie for the opportunity to demonstrate the value and benefits it offers by exploring new business prospects in the Singapore rail industry. The Company will also propose Centres of Excellence to reduce reliance on original equipment manufacturers and life-cycle reliability as part of its efforts to strengthen the reliability of Singapore’s railway system and promote local rail engineering capabilities. Embracing a sustainable and cost-effective approach, it will create localised solutions through the transfer of technology and competencies by leveraging on the international expertise of RATP Dev’s parent company, the RATP Group, in areas such as system agnostic procurement and maintenance. This partnership brings together 87 years of combined experience, knowledge and skills in railway operations and maintenance. SBS Transit Acting Chief Executive Officer, Mr Cheng Siak Kian, and RATP Dev Chief Executive Officer Asia-Pacific, Middle-East & North Africa, Mr Olivier Badard signed a Teaming Agreement to officially announce this partnership on Monday, 14 December 2020. This was witnessed by Mr Franck Riester, France Minister Delegate for Foreign Trade and Economic Attractiveness, with Mr Lim Jit Poh, SBS Transit’s Chairman and Ms Laurence Batlle, RATP Dev’s Chairwoman of the Executive Board. -
Transaction Codes - POSB Savings and Posbkids Transaction Codes Description
Transaction Codes - POSB Savings and POSBkids Transaction Codes Description ACCT CashCard/FlashPay Top-up (ATM) ACO Cashier's Order Equivalent ACR Accounting & Corporate Regulatory Authority ACT CashCard/FlashPay Top-up ADJ Adjustment ADP Deposit ADV Advice ADVE Error Correction of Advice AFD S$Fixed Deposit Placement AG Accountant General AHL Agency Housing Loan AIC Purchase International Calling Card ATFEE Account Fee APC CIRRUS Purchase APP Top-up Mobile Prepaid Card AS Purchase / Sale of Shares ASC PLUS Cash Withdrawal Service Charge ASN Associations ATR Funds Transfer AVA Agri-food & Veterinary Authority of Singapore AVIVA Aviva Life Insurance AWF ATM Withdrawal Fee AWL Cash Withdrawal AXS AXS.COM Transaction Codes Description BB Baby Bonus Scheme BILL Bill Payment BINT Bonus Interest BITI Bonus Interest - Inward Interbank Credit Transfer BITU Bonus Interest - Reduction in Transaction Usage BL Custodian Service Charges BLTL Term Loan BNK Banks (financing loans,safe deposit box rental,etc) BRCF Revolving Credit Facility BSTL Short Term Loan Transaction Codes Description CAD Corporate Actions - Local CAF Corporate Actions - Foreign CAM Cash Deposit Machine CAN Cancellation Transfer CB Postage Charge for Chq Bk CBC Foreign Cheques for Collection CBC A Foreign Cheques For Collection Agent Charges CBC C Foreign Cheques For Collection Comm & Charges CBP Foreign Cheques Purchased CBP A Foreign Cheques Purchased Agent Charges CBP C Foreign Cheques Purchased Comm & Charges CCC Credit Card Companies CCO Charitable Organisation CCR CashCard/FlashPay -
Cases in Innovative Practices in Hospitality and Related Services
Cases in Innovative Practices in Hospitality and Related Services Set 2 Brewerkz, ComfortDelgro Taxi, DinnerBroker.com, Iggy’s, Jumbo Seafood, OpenTable.com, PriceYourMeal.com, Sakae Sushi, Shangri-La Singapore, and Stevens Pass Cornell Hospitality Report Vol. 10, No. 4, February 2010 by Sheryl E. Kimes, Ph.D., Cathy A. Enz, Ph.D., Judy A. Siguaw, D.B.A., Rohit Verma, Ph.D., and Kate Walsh, Ph.D. www.chr.cornell.edu Advisory Board Ra’anan Ben-Zur, Chief Executive Officer, French Quarter Holdings, Inc. Scott Berman, U.S. Advisory Leader, Hospitality and Leisure Consulting Group of PricewaterhouseCoopers Raymond Bickson, Managing Director and Chief Executive Officer, Taj Group of Hotels, Resorts, and Palaces Stephen C. Brandman, Co-Owner, Thompson Hotels, Inc. Raj Chandnani, Vice President, Director of Strategy, WATG Benjamin J. “Patrick” Denihan, Chief Executive Officer, Denihan Hospitality Group Joel M. Eisemann, Executive Vice President, Owner and Franchise Services, Marriott International, Inc. Kurt Ekert, Chief Operating Officer, GTA by Travelport Brian Ferguson, Vice President, Supply Strategy and Analysis, Expedia North America Kevin Fitzpatrick, President, AIG Global Real Estate Investment Corp. Chuck Floyd, Chief Operating Officer–North America, Hyatt The Robert A. and Jan M. Beck Center at Cornell University Anthony Gentile, Vice President–Systems & Control, Back cover photo by permission of The Cornellian and Jeff Wang. Schneider Electric/Square D Company Gregg Gilman, Partner, Co-Chair, Employment Practices, Davis & Gilbert LLP Susan Helstab, EVP Corporate Marketing, Four Seasons Hotels and Resorts Jeffrey A. Horwitz, Partner, Corporate Department, Co-Head, Lodging and Gaming, Proskauer Kenneth Kahn, President/Owner, LRP Publications Cornell Hospitality Reports, Paul Kanavos, Founding Partner, Chairman, and CEO, FX Real Vol.