DOCSLIB.ORG

Land Transport Authority, Singapore Singapore

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Land Transport Authority, Singapore Singapore Sample Profile LandSingapore Transport LTA Authority, Singapore Key information Current network Parameters Details System Details Ownership Fully government owned Metrorail Service area Singapore covering a population Line Length (km) Stations of 5.54 million (2015) North-South Line (Red) xxx xxx Modes Bus, MRT, LRT and taxi services operated East-West Line (Green) xxx xxx Operators of SMRT Corporation, SBS Transit Circle Line (Orange) xxx xxx bus and rail Circle Line Extension xxx xxx Modal share of public transport North-East Line (Purple) xxx xxx Downtown Line (Phase I) xxx xxx Rail, 31% Downtown Line (Phase II) xxx xxx Bus, 55% Total xxx xxx Taxi, 14% Light rail Line Length (km) Stations Bukit Panjang xxx xxx Key facts Sengkang xxx xxx • xxx% of all journeys in peak hours undertaken Punggol xxx xxx on public transport • xxx% of public transport journeys of less than Total xxx xxx 20 km completed within 60 minutes Bus • xxx in xxx households are within 10 minutes walk from a train station Total routes operated xxx Source: LTA Sample Profile Size and Growth Growth in network MRT network growth (km) 180 xxx • xxx xxx LTA’s MRT network has increased at a CAGR of xxx% during 160 xxx xxx 2010-2015. 140 xxx • However, the LRT network has remained constant at xxx km since 2005. 120 100 km Growth in ridership 80 60 40 20 4.5 xxx 5 4.4 0 xxx 4 4.3 xxx 2010 2011 2012 2013 2014 2015 4.2 3 4.1 % 4 2 Ridership trend 3.9 1 3.8 • System-wise average daily ridership has increased 3.7 0 steadily at a CAGR of xxx for MRT, xxx for LRT and xxx for 2011 (million) 2012 (million) 2013 (million) 2014 (million) buses, between 2011-2014. • While average daily ridership has increased over the Average daily ridership years, the rate of growth of ridership declined in 2013 and increased again in 2014. Rate of growth of average daily ridership (%) Fleet size and growth Cumulative size of fleet System June-October Fleet (as of October 31, 1986-89 1995-99 2002 2003-06 2005-08 2011-12 2014 2015 2015) MRT (railcars) xxx xxx xxx xxx xxx xxx xxx xxx xxx LRT (railcars) xxx xxx xxx xxx xxx xxx xxx xxx xxx Bus SMRT Buses Limited operates over xxx buses and SBS Transit operates xxx buses. Note: *For the period between 2003 and 2005 Source: LTA, Global Mass Transit Research For more information, refer: http://www.lta.gov.sg/content/dam/ltaweb/corp/PublicationsResearch/files/FactsandFigures/Statistics%20in%20Brief%202015%20FINAL.pdf Sample Profile Financial performance In 2014-15, LTA recorded an operating income of SGDxxx million, recording an 8 per cent increase over the operating income of SGDxxx million in 2013-14. Operating Income Operating Expenditure 700 xxx 1,400 xxx xxx xxx xxx xxx xxx 600 xxx 1,200 xxx xxx 500 1,000 400 800 300 600 SGD million SGD SGD million SGD 200 400 100 200 0 0 2014-15 2013-14 2012-13 2011-12 2010-11 2014-15 2013-14 2012-13 2011-12 2010-11 Total Comprehensive (Loss)/Income 80 xxx 60 40 xxx xxx 20 xxx 0 SGD million SGD 2014-15 2013-14 2012-13 2011-12 2010-11 -20 -40 -xxx -60 Source: LTA Sample Profile Key players Key technology vendors Areas Key current vendors Rail rolling stock xxx Signalling and train control Alstom; GE Transportation; Invensys Rail; Thales; Westinghouse Brake and Signal Holdings Limited Electrical and mechanical xxx Fare system xxx Others Otis Elevator Company; Constructions Industrielles de la Mediterranee (CNIM) Source: LTA, Global Mass Transit Research Recent contracts awarded Date of contract Contract value Contractor/company award (USD million) Scope of work xxx April 2016 xxx Construction of Amber station on the TEL xxx April 2016 xxx Construction of Bedok South station on the TEL xxx March 2016 xxx Development of the East Coast Integrated Depot xxx March 2016 xxx Construction of Siglap station on the TEL xxx March 2016 xxx Construction of Bayshore station on the TEL Construction of Xilin station on the Downtown Line xxx March 2016 xxx 3 extension xxx January 2016 xxx Construction of the TanjongRhu station on the TEL xxx January 2016 xxx Construction of the Katong Park station on the TEL Construction of the Marine Terrace station on the xxx January 2016 xxx TEL Source: LTA, Global Mass Transit Research Sample Profile Recent developments Key recent developments Area Recent developments In July 2016, LTA began construction of the 13-km East Coast section of the TEL, which will connect Sungai Bedok in the east to Marine Parade, Siglap, and Tanjong Rhu and cover nine stations. Construction In July 2016, LTA began construction of the 2.2-km Downtown Line 3 Extension (DTL3e) and the East Coast Integrated Depot. In March 2016, LTA began construction of the Canberra MRT station along the North-South Line. In July 2016, LTA and Mastercard signed an agreement to launch a pilot for account-based ticketing system by end-2016. The system will enable commuters to pay fares on the metro and bus using contactless debit or credit cards. In March 2016, LTA, Infocomm Development Authority of Singapore (IDA), and EZ-Link concluded a trial for the use of mobile phones equipped with NFC technology for public transport payments. Fare system The system allows payments on MRT, LRT and public buses; more than 30,000 EZ-link acceptance points for retail, food and beverage purchases; and taxis. The users can also check their account balance, transaction history, and top-up value using the EZ-Link mobile application. Netherlands- based Gemalto will supply the UpTeq Multi-Tenant NFC SIMs for the rollout of the service. In March 2016, LTA invited bids for appointment of a consultant to conduct a feasibility study for the account-based ticketing system on a broader scale in the second quarter of 2016. In July 2016, LTA signed an agreement with the concessionaire SMRT to implement the New Rail Financing Framework (NRFF) model, which was introduced by the government in 2008. The transition will include five changes from October 1, 2016, onwards. The changes include the transfer of ownership of operating assets such as trains and signalling systems from SMRT Trains and SMRT Light Rail to LTA at a cost of SGD991 million to be paid over three years; O&M of the rail Operations network by SMRT and capacity expansion as well as asset replacement or upgradation to be undertaken by the LTA; reduction of the term of SMRT’s current 30 to 40-year operating licences to 15 years to allow re-tendering of rail lines; development of new maintenance performance standards (MPS) to improve reliability as well as risk and profit sharing between the SMRT and LTA based on NRFF guidelines to promote financial sustainability of the rail system. Notes: NFC – Near field communication Source: LTA, Global Mass Transit Research Sample Profile Key plans and initiatives (1/2) Planned Cap-ex: In January 2016, LTA announced capital expenditure plans of SGD36 billion by 2021 Key upcoming rail projects Line Length (km) Stations Expected completion MRT lines under construction Downtown Line Phase III xxx xxx 2017 Downtown Line 3 extension xxx xxx 2024 Tuas West extension xxx xxx 2016 Thomson Line (Phase I) xxx 2019 Thomson Line (Phase II) xxx xxx 2023 Thomson Line (Phase III) xxx 2024 2019 (Phase I), 2023 (Phase II), Thomson-East Coast Line xxx xxx 2024 (Phase III) Eastern Region Line Phase I xxx 2023 xxx Eastern Region Line Phase II xxx 2024 MRT lines planned up to 2030 Circle Line Stage 6 (extension) xxx xxx 2025 North-East Line extension xxx xxx 2030 Jurong Region Line (new line) xxx xxx 2025 Cross Island Line (new line) xxx xxx 2030 Source: LTA, Global Mass Transit Research Sample Profile Key plans and initiatives (2/2) Other key projects Project Details The signalling system will be upgraded for the North-South Line, which will increase capacity by up Signalling to xxx per cent on the line. Signalling on the East-West Line will be upgraded by xxx. The programme was launched in March 2012 at an investment of SGDxxx billion to increase bus capacity by about xxx per cent and improve services. Bus Services Enhancement It involves the procurement of xxx buses and the introduction of xxx new services. Programme As of January 2016, xxx buses had been deployed; xxx new bus services had been launched; and xxx existing bus services had been removed. http://www.mytransport.sg/content/mytransport/home/commuting/busservices/bsep.html Planned line between Jurong East in Singapore and Kuala Lumpur. The governments of Malaysia and Singapore are expected to finalise the commercial model and High-speed rail line procurement approach by 2016. http://www.lta.gov.sg/content/ltaweb/en/featured-projects/hsr.html Entails transforming the existing contactless NFC system into a completely hands-free operation. Fare system upgrade RFI issued in November 2015; concluded on February 29, 2016. A proof-of-concept trial to be proposed for end-2016. LTA plans to provide free Wi-Fi at all MRT and LRT stations and xxx bus interchanges by xxx. Wi-Fi http://www.lta.gov.sg/apps/news/page.aspx?c=2&id=75d6c7f3-09ec-44d4-91df-dfeec405b6f0 Notes: NFC – Near field communication; RFI – Request for Information Source: LTA, Global Mass Transit Research Sample Profile Tenders under bidding Last date for bid Category Details Date of invitation submission Bus operation xxx xxx xxx Pre-construction studies xxx xxx xxx Electrical and mechanical xxx xxx xxx Notes: TEL – Thomson East Coast Line; NA – Not available Source: LTA, Global Mass Transit Research Contact information Contact Information Key personnel • xxx, Chairman Address 1 Hampshire Road, Singapore 219428 • xxx, Chief Executive Officer Telephone +65 63961116 • xxx, Chief Quality Service Manager Email [email protected] • xxx, Deputy Chief Executive Infrastructure & Development Website http://www.lta.gov.sg/.
Load more

Recommended publications
  • Public Transport Facilities and Traffic Control Measures in Singapore
    Legislative Council Secretariat IN08/13-14 INFORMATION NOTE Public transport facilities and traffic control measures in Singapore 1. Introduction 1.1 Singapore is the first city in the world to make use of Electronic Road Pricing ("ERP") system for managing road congestion. In recent years, Singapore has also installed a number of user-friendly public transport facilities, such as air-conditioned integrated transport hubs and the Intelligent Route Information System ("IRIS"), to facilitate the use of public transportation. The purpose of this information note is to provide the Panel on Transport with background information on the salient features of public 1 transport facilities and traffic control measures in Singapore. 1.2 The study of Singapore should shed light on the transport-related policy initiatives that can be considered for solving Hong Kong's traffic congestion problem and enhancing the quality of the local public transport facilities. As to the latter, the air quality inside public transport interchanges ("PTIs") has been an area of particular concern for the general public. Many PTIs are located under the podiums of residential or commercial complexes and surrounded by structural columns or walls. The accumulation of air pollutants within these PTIs may pose risks to the respiratory health of both drivers and passengers alike. 2. Singapore 2.1 The Land Transport Authority 2 ("LTA") implemented the ERP system as early as in 1998 to manage road congestion. Based on a pay-as-you-use principle, motorists are charged when they use priced roads during peak hours. In recent years, LTA has complemented its ERP system with the development of Intelligent Transport Systems ("ITS") as another traffic control measure in Singapore.
    [Show full text]
  • 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.
    [Show full text]
  • Group Review 2018/2019 Group Review 2018/2019 Moving People Enhancing Lives 01
    Moving People SMRT CORPORATION LTD Enhancing Lives GROUP REVIEW 2018/2019 GROUP REVIEW 2018/2019 MOVING PEOPLE ENHANCING LIVES 01 SMRT Corporation Developing in Brief 02 Strong Capability Building a Forward-looking Strategy 20 24 OUR VISION Moving People 06 Serving Our Enhancing Lives Community 48 COMPANY PROFILE OUR CORE VALUES CONTENTS SMRT Corporation Ltd (SMRT) is a Integrity SMRT Corporation in Brief Developing Strong Capability public transport service provider. Safety and Service Milestones 02 SMRT Trains 20 Our primary business is to manage Highlights 04 Roads 24 Excellence – SMRT Buses and operate train services on the North-South Line, East-West Line, – SMRT Taxis Building a Forward-looking Strategy – SMRT Automotive Services the Circle Line, the Thomson-East Visit our corporate – Strides Transportation Coast Line (operational in 2019) and website for more Chairman’s Message 06 Engineering 32 the Bukit Panjang Light Rail Transit. information at: CEO’s Message 08 www.smrt.com.sg Experience 36 This is complemented by our bus, Our Focus & Our Four taxi and private hire vehicle services. Join us at Business Groups 10 Our People 42 SMRTCorpSG Board of Directors 12 We have set our core values to be @SMRT_Singapore Senior Management 14 Serving Our Community Integrity, Safety and Service, and SMRT Corporate Social Responsibility 50 Excellence. SMRT is committed to provide safe, reliable and comfortable SMRT Corporation Ltd Ensuring Sound Governance Commuter Engagement 54 service for our commuters. @SMRTSingapore Key Dynamics and Risk Management 16 Awards and Accolades 55 GROUP REVIEW 2018/2019 MOVING PEOPLE ENHANCING LIVES 01 SMRT Corporation Developing in Brief 02 Strong Capability Building a Forward-looking Strategy 20 24 OUR VISION Moving People 06 Serving Our Enhancing Lives Community 48 COMPANY PROFILE OUR CORE VALUES CONTENTS SMRT Corporation Ltd (SMRT) is a Integrity SMRT Corporation in Brief Developing Strong Capability public transport service provider.
    [Show full text]
  • Auction & Sales Private Treaty
    Auction & Sales Private Treaty. DECEMBER 2019: RESIDENTIAL Salespersons to contact: Tricia Tan, CEA R021904I, 6228 7349 / 9387 9668 Gwen Lim, CEA R027862B, 6228 7331 / 9199 2377 Noelle Tan, CEA R047713G, 6228 7380 / 9766 7797 Teddy Ng, CEA R006630G, 6228 7326 / 9030 4603 Lock Sau Lai, CEA R002919C, 6228 6814 / 9181 1819 Sharon Lee (Head of Auction), CEA R027845B, 6228 6891 / 9686 4449 Ong HuiQi (Admin Support) 6228 7302 Website: http://www.knightfrank.com.sg/auction Email: [email protected] LANDED PROPERTIES FOR SALE * Owner's ** Public Trustee's *** Estate's @ Liquidator's @@ Bailiff's % Receiver's # Mortgagee's ## Developer's ### MCST's Approx. Land / Guide Contact S/no District Street Name Tenure Property Type Room Remarks Floor Area (sqft) Price Person MORTGAGEE SALE One of the best location in Sentosa Cove with a picturesque waterway view. Leasehold 99 2½-Storey Bungalow Noelle / Upside potential. Foreigners are eligible to purchase landed properties only in # 1 D04 PARADISE ISLAND years wef. with Private Pool and 5- 5 7,045 / 8,170 $11.59M Sau Lai / Sentosa Cove. 5 ensuite bedrooms. Efficient layout. Private pool & yacht 07/11/2005 Bedrooms Sharon berth. Vacant possession. More Info MORTGAGEE SALE Leasehold 99 2½-Storey Detached Noelle / Scenic waterway view. Unique façade. Internal lift serving all levels. With # 2 D04 SANDY ISLAND years wef. House with Basement 7 7,307 / 6,727 $11.57M Sau Lai private pool and yacht berth. Basement parking with mechanized parking. 13/06/2007 Parking More Info MORTGAGEE SALE Leasehold 2½-Storey Detached Noelle / Lifestyle living with an enchanting waterway view! 4 ensuite bedrooms.
    [Show full text]
  • Commuters @ Heart of Singapore’S Public Transport System
    COMMUTERS @ HEART OF SINGAPORE’S PUBLIC TRANSPORT SYSTEM REPORT TO THE MINISTER FOR TRANSPORT ON RECOMMENDATIONS TO IMPROVE THE COMMUTER’S JOURNEY PUBLIC TRANSPORT COUNCIL Better Rides • Affordable Fares • Sustainable Public Transport All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher. Every effort has been made to trace all sources and copyright holders of news articles, figures, and information in this report before publication. If any have been inadvertently overlooked, PTC will ensure that full credit is given at the earliest opportunity. Report to the Minister for Transport on Recommendations to Improve the Commuter’s Journey 3 CONTENTS Chairman’s Message 04 Introduction: Focusing on Commuters 06 Ground Engagement: Listening to Commuters and Stakeholders 10 Findings: Understanding Diverse Voices 14 Recommendations: Improving the Commuter’s Journey 22 Conclusion: Continuing the Engagement 40 4 Report to the Minister for Transport on Recommendations to Improve the Commuter’s Journey CHAIRMAN’S MESSAGE About six months ago, on 8 January 2016, the Public our buses and 1 million on taxis. PTC had to understand Transport Council (PTC) was given an additional statutory the commuters’ suite of concerns and needs. remit - that of an independent advisor to the Minister for Transport. PTC by design has a broad and diverse Between December 2015 and June 2016, we engaged representation from society, which includes academia, and listened to our commuters - comprising a wide labour union, industry and the people sector.
    [Show full text]
  • Private Treaty Listing
    Auction & Sales Private Treaty. SEPTEMBER 2018: RESIDENTIAL Salespersons to contact: Tricia Tan, CEA R021904I, 6228 7349 / 9387 9668 Gwen Lim, CEA R027862B, 6228 7331 / 9199 2377 Sharon Lee, CEA R027845B, 6228 6891 / 9686 4449 Teddy Ng, CEA R006630G, 6228 7326 / 9030 4603 Noelle Tan, CEA R047713G, 6228 7380 / 9766 7797 Ong HuiQi, Admin Support, 6228 7302 Website: http://www.knightfrank.com.sg/auction Email: [email protected] Apps : https://play.google.com/store/apps/details?id=com.novitee.knightfrankacution LANDED PROPERTIES FOR SALE * Owner's ** Public Trustee's *** Estate's @ Liquidator's % Receiver's # Mortgagee's ## Developer's ### MCST's Approx. Land / Guide Contact S/no District Street Name Tenure Property Type Room Remarks Floor Area (sqft) Price Person 3-Storey Detached Leasehold Bungalow with Waterway view! Exclusive. With lift. Quality finishes with sleek * 1 D04 8 PEARL ISLAND 99 years wef. 5 + 1 7,287 / 5,830 $16.XM Tricia Basement, Swimming design. Bright & airy. Lifestyle living. 2008 Pool & Berth MORTGAGEE SALE Leasehold 3-Storey Detached Beautiful waterway view! Nice and spacious layout. 7 ensuite # 2 D04 7 PARADISE ISLAND 99 years wef. Bungalow with Berth 7 9,235 / 10,936 $14.8M Sharon bedrooms. Private berth & swimming pool. NS facing. Bright 2005 and swimming pool & Breezy. Huge car porch - park more than 4 luxury cars. Leasehold 3-Storey Detached MORTGAGEE SALE # 3 D04 17 CORAL ISLAND 99 years wef. Bungalow with 4 7,557 / 8,697 $11.5M Sharon 4 ensuite bedrooms. Waterway view! Chair lift installed. 2005 Swimming Pool Bright & airy. Can park 3 cars. Lifestyle living.
    [Show full text]
  • Private Treaty Listing
    Auction & Sales Private Treaty. DECEMBER 2018: RESIDENTIAL Salespersons to contact: Tricia Tan, CEA R021904I, 6228 7349 / 9387 9668 Gwen Lim, CEA R027862B, 6228 7331 / 9199 2377 Sharon Lee, CEA R027845B, 6228 6891 / 9686 4449 Teddy Ng, CEA R006630G, 6228 7326 / 9030 4603 Noelle Tan, CEA R047713G, 6228 7380 / 9766 7797 Ong HuiQi, Admin Support, 6228 7302 Website: http://www.knightfrank.com.sg/auction Email: [email protected] Apps : https://play.google.com/store/apps/details?id=com.novitee.knightfrankacution LANDED PROPERTIES FOR SALE * Owner's ** Public Trustee's *** Estate's @ Liquidator's % Receiver's # Mortgagee's ## Developer's ### MCST's Approx. Land / Guide Contact S/no District Street Name Tenure Property Type Room Remarks Floor Area (sqft) Price Person 3-Storey Detached Leasehold Bungalow with Waterway view! Exclusive. With lift. Quality finishes with * 1 D04 8 PEARL ISLAND 99 years wef. Basement, 5 + 1 7,287 / 5,830 $16.XM Tricia sleek design. Bright & airy. Lifestyle living. 2008 Swimming Pool & Berth Leasehold 2-Storey Detached MORTGAGEE SALE Sharon / # 2 D04 17 CORAL ISLAND 99 years wef. Bungalow with Attic 4 7,557 / 8,697 $11.5M 4 ensuite bedrooms. Waterway view! Chair lift installed. Noelle 2005 and Swimming Pool Bright & airy. Can park 3 cars. Lifestyle living. 2 Storey Detached MORTGAGEE SALE. AUCTION 14 DEC 2018 House with Elevated, unblocked views. Good sized bedrooms, well-lit # 3 D05 2A FABER PARK Freehold Basement, Roof 5 + 1 6,012 / 10,853 $7M Tricia naturally. Surrounded by a mixture of condominium Terrace, Swimming apartments and landed homes. Clementi MRT and bus Pool and Lift interchange are nearby.
    [Show full text]
  • Comfortdelgro ADD (No Change) Key Takeaways from Kuala Lumpur NDR Consensus Ratings*: Buy 13 Hold 3 Sell 1
    HIGH CONVICTION Company Note Public Transportation │ Singapore │ March 7, 2019 Shariah Compliant Insert Insert Singapore ComfortDelGro ADD (no change) Key takeaways from Kuala Lumpur NDR Consensus ratings*: Buy 13 Hold 3 Sell 1 Current price: S$2.42 ■ We hosted an NDR for CD in Kuala Lumpur last week; investors’ concerns on Target price: S$2.74 the impact of ride-hailing services on CD’s taxi business were discussed. Previous target: S$2.74 ■ CD reaffirmed its strategy to seek growth via acquisitions, mainly in Up/downside: 13.2% developed cities, and it has wide debt headroom (c.S$800m) to fund them. CGS-CIMB / Consensus: 3.9% ■ Maintain Add with unchanged DCF-derived TP of S$2.74. Upside catalysts Reuters: CMDG.SI could come from further earnings-accretive M&A and taxi fleet expansion. Bloomberg: CD SP Market cap: US$3,859m Still a viable long-term growth stock, in our view S$5,240m We brought CD to meet investors in Kuala Lumpur on 25 Feb 2019. Investors’ questions Average daily turnover: US$12.06m were mostly related to the outlook of the taxi business in Singapore, M&A opportunities in S$16.39m the pipeline, and CD's near-term earnings growth drivers. We believe CD remains a Current shares o/s: 2,164m Free float: 99.6% viable long-term growth stock, with its taxi business now on a more solid footing and its *Source: Bloomberg earnings growth to be mainly driven by its public transport services and M&A. Key changes in this note Concerns on ride-hailing disruption to taxis alleviated No changes Investors concur with CD’s view that both Grab and Go-JEK may have shifted their key growth emphasis from ride-hailing to other businesses such as insurance and mobile payment, which would bode well for CD’s Singapore taxi business.
    [Show full text]
  • OUR PEOPLE, YOUR JOURNEY SMRT Corporation Ltd GROUP REVIEW 2019/2020 ABOUT SMRT CORPORATION SMRT Corporation Ltd (SMRT) Is a Public Transport Service Provider
    OUR PEOPLE, YOUR JOURNEY SMRT Corporation Ltd GROUP REVIEW 2019/2020 ABOUT SMRT CORPORATION SMRT Corporation Ltd (SMRT) is a public transport service provider. Our primary business is to manage and operate train services on the North-South Line, East-West Line, the Circle Line, the new Thomson-East Coast Line and the Bukit Panjang Light Rail Transit. This is complemented by our bus, taxi and private hire vehicle services. We have set our core values to be Integrity, Service & Safety and Excellence. SMRT is committed to provide safe, reliable and comfortable service for our commuters. VISION Moving People Enhancing Lives MISSION To deliver a public transport service that is safe, reliable and commuter-centred OUR CORE VALUES Visit our corporate website for more Integrity information at: www.smrt.com.sg JOIN US AT: Service and Safety SMRTCorpSG @SMRT_Singapore Excellence smrt SMRT Corporation Ltd @smrtsingapore 1 OUR VISION OPERATIONAL & SERVICE CONTENTS EXCELLENCE 19 Trains Engineering SMRT CORPORATION 25 IN BRIEF 31 Roads – Buses Milestones 03 – Taxis – Automotive Services Highlights 05 – Strides Transportation 07 Awards and Accolades 41 Experience 49 Safety and Security BUILDING A FORWARD-LOOKING 55 Our People STRATEGY 09 Chairman’s Message GOVERNANCE 11 Group CEO’s Message 59 Ensuring Sound Governance 13 Our Focus & 61 Risk Management Framework Our Four Business Groups 15 Board of Directors ENGAGING OUR COMMUNITY 17 Senior Management 65 WeCare for Commuters 71 Corporate Social Responsibility CONTENTS 2 SMRT CORPORATION IN BRIEF MILESTONES
    [Show full text]
  • Covid-19 Advisory: Adjournment of Non-Essential and Non-Urgent Matters
    COVID-19 ADVISORY: ADJOURNMENT OF NON-ESSENTIAL AND NON-URGENT MATTERS All non-essential and non-urgent matters scheduled to be heard between 5 May and 1 June 2020 in Court 4A(N), 4B(N), 7(A) and 7(B) will be adjourned. Rescheduled Hearings COURT 4A(N) Original New Court Date Agency S/N Court Date Time: 5.30pm 1 5 May 2020 16 June 2020 National Environment Agency [NEA] Accounting and Corporate Regulatory Authority [ACRA] 2 6 May 2020 17 June 2020 Central Provident Board [CPF] Jurong Town Corporation [JTC] Singapore Food Agency [SFA] 11 May 2020 Inland Revenue Authority of Singapore [IRAS] 3 22 June 2020 Town Councils and Private Summons Cases 4 12 May 2020 23 June 2020 National Environment Agency [NEA] Accounting and Corporate Regulatory Authority [ACRA] 5 13 May 2020 24 June 2020 Central Provident Board [CPF] Jurong Town Corporation [JTC] Singapore Food Agency [SFA] Housing and Development Board [HDB] 6 18 May 2020 6 July 2020 Urban Redevelopment Authority [URA] 7 19 May 2020 30 June 2020 National Environment Agency [NEA] Accounting and Corporate Regulatory Authority [ACRA] 8 20 May 2020 1 July 2020 Central Provident Board [CPF] Jurong Town Corporation [JTC] Singapore Food Agency [SFA] 9 26 May 2020 7 July 2020 National Environment Agency [NEA] 1 Havelock Square Singapore 059724 T 1800 5878 423 (1800 JUSTICE) www.statecourts.gov.sg COURT 4A(N) Original New Court Date Agency S/N Court Date Time: 5.30pm Accounting and Corporate Regulatory Authority [ACRA] 10 27 May 2020 8 July 2020 Central Provident Board [CPF] Jurong Town Corporation
    [Show full text]
  • Logistics Sector in Singapore
    FOSTERING COMPETITION IN ASEAN OECD COMPETITION ASSESSMENT REVIEWS: LOGISTICS SECTOR IN SINGAPORE OECD Competition Assessment Reviews SINGAPORE LOGISTICS SECTOR OECD Competition Assessment Reviews: Logistics Sector in Singapore PUBE 2 Please cite this publication as: OECD (2021), OECD Competition Assessment Reviews: Logistics Sector in Singapore oe.cd/comp-asean This work is published under the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the OECD or of the governments of its member countries or those of the European Union. This document and any map included herein are without prejudice to the status or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city, or area. The OECD has two official languages: English and French. The English version of this report is the only official one. © OECD 2021 OECD COMPETITION ASSESSMENT REVIEWS: LOGISTICS SECTOR IN SINGAPORE © OECD 2021 3 Foreword Southeast Asia, economically one of the fastest growing regions in the world, has benefited from broadly embracing an economic growth model based on international trade, foreign investment and integration into regional and global value chains. Maintaining this momentum, however, will require certain reforms to strengthen the region’s economic and social sustainability. This will include reducing regulatory barriers to competition and market entry to help foster innovation, efficiency and productivity. The logistics sector plays a significant role in fostering economic development. Apart from its contribution to a country’s GDP, a well-developed logistics network has an impact on most economic activities.
    [Show full text]
  • SMRT Trains Uplifts Rail Reliability in Singapore with Track
    SMRT Trains uplifts rail reliability in Singapore with Track Access Management System Strides Engineering extends collaboration with PCCW Solutions for joint go-to-market PCCW (SEHK: 0008) – HONG KONG / SINGAPORE, August 16, 2021 – SMRT Trains, the pioneer Mass Rapid Transit operator in Singapore, and PCCW Solutions, the IT services flagship of PCCW Limited, announced today the full roll-out of the Track Access Management System (TAMS) to the North-South and East-West lines (NSEWL), Singapore’s oldest Mass Rapid Transit (MRT) lines. TAMS is a digital solution developed by SMRT Trains and PCCW Solutions to digitalize and automate track access allocation for the regular maintenance and planning of engineering works. Replacing time-consuming and labor-intensive manual processes, TAMS is a holistic system with real-time updates of track allocation status and access progress, providing end-to-end visibility of workflows. In addition to optimizing productivity, the system has built-in safety rules to conduct conflict checks on each scheduled track access request against safety requirements, ensuring safety standards are upheld for all stakeholders. The implementation of TAMS has saved the operator 30,000 manhours per year and contributed to increased rail reliability through optimized maintenance efforts. In 2020, the North-South Line (NSL) achieved more than 1.3 million Mean Kilometres Between Failure (MKBF) and the East-West Line (EWL) achieved more than 1.4 million MKBF. Following the success of TAMS for NSEWL, SMRT Trains has embarked on its implementation for the Circle Line (CCL), Bukit Panjang Light Rail Transit (BPLRT) network, and six depots, to reap further productivity gains.
    [Show full text]