Dear Mr. Tan,
Earlier, I preferred to have direct bus services. After reading your arguments, I agree that it may be more efficient to have feeder services to bring passengers to the MRT station, provided that the waiting time is short.
However, I have to point out that some feeder services take a long detour before reaching my flat. This is unaccepable. I do not wish to spend time on a long journey.
REPLY
I agree with you. Each feeder service should serve a section of the town and bring the commuters directly to the MRT station or town center. Each town should have two to four feeder services. We may have to use small buses, like the light buses in Hong Kong.
Tuesday, January 22, 2008
Relevant figures for a decision
Dear Mr. Tan,
I bought an Ideal Plan (ID2) six months ago, and have been make regular monthly payments.
After reading your blog about Flexi Link and Ideal policies, I am wondering if I should continue with my plan or if I can switch to the Flexi Link plan now? I hope you can advice me.
REPLY
I suggest that you ask the insurance adviser (agent) or NTUC Income's business center to present the facts for the following two options:
1. Continue with the present ID2 plan
2. Stop the plan now, and move your money to Flexi Link.
Do not be shy about asking them to provide the figures to you, that you can make a decision.
Read this FAQ to understand the different charges:
http://www.tankinlian.com/faq/ilp.html
I bought an Ideal Plan (ID2) six months ago, and have been make regular monthly payments.
After reading your blog about Flexi Link and Ideal policies, I am wondering if I should continue with my plan or if I can switch to the Flexi Link plan now? I hope you can advice me.
REPLY
I suggest that you ask the insurance adviser (agent) or NTUC Income's business center to present the facts for the following two options:
1. Continue with the present ID2 plan
2. Stop the plan now, and move your money to Flexi Link.
Do not be shy about asking them to provide the figures to you, that you can make a decision.
Read this FAQ to understand the different charges:
http://www.tankinlian.com/faq/ilp.html
Cost Plus for public services
The Straits Times has an article about the experience of other cities in awarding the operation of public bus services:
1. Tender system
2. Cost-plus system
The experience of the other cities has been quite clear. The tender system, where the bus services are awarded to the operator that provides the lower cost, leads to deterioration of services.
The cost-plus system leads to a more effiicient service, as the operator is required to meet performance standards which include cost and quality of service. They are not required to take care of factors that are beyond their control, such as fluctuating demand, competition and the cost of oil or wages.
I hope that the cost-plus system is adopted.
1. Tender system
2. Cost-plus system
The experience of the other cities has been quite clear. The tender system, where the bus services are awarded to the operator that provides the lower cost, leads to deterioration of services.
The cost-plus system leads to a more effiicient service, as the operator is required to meet performance standards which include cost and quality of service. They are not required to take care of factors that are beyond their control, such as fluctuating demand, competition and the cost of oil or wages.
I hope that the cost-plus system is adopted.
Revamp of Public Transport System
I like the key measures that have been decided for the revamp of the public transport system, which are:
1. The Land Transport Authority will take over the planning of the routes
2. A hub-and-spoke system will be adopted to reduce the number of bus routes
3. Competition will be introduced for the bus routes
4. The fare will depend on distance and not the number of transfers.
5. Priority will be given to bus lanes.
The current system, which has more direct bus services (with fewer transfers), has its weaknesses - as it is the cause of long waiting time, unreliable services, and overloading of certain services.
The hub-and-spoke system will lead to greater efficiency and better use of the resources and reduce the waiting time, travelling time and cost. I expect the feeder services to be frequent and comfortable.
I hope that the public will get use to more transfers under the hub-and-spoke system. As a user of public transport, I find the transfers to be acceptable.
1. The Land Transport Authority will take over the planning of the routes
2. A hub-and-spoke system will be adopted to reduce the number of bus routes
3. Competition will be introduced for the bus routes
4. The fare will depend on distance and not the number of transfers.
5. Priority will be given to bus lanes.
The current system, which has more direct bus services (with fewer transfers), has its weaknesses - as it is the cause of long waiting time, unreliable services, and overloading of certain services.
The hub-and-spoke system will lead to greater efficiency and better use of the resources and reduce the waiting time, travelling time and cost. I expect the feeder services to be frequent and comfortable.
I hope that the public will get use to more transfers under the hub-and-spoke system. As a user of public transport, I find the transfers to be acceptable.
Best premium rates
Dear Sir,
I have been reading your blog for sometime now. I was keen to check with you about how NTUC income policies fare as against other insurance companies for life and medical insurance. Does it make sense to invest in NTUC Income policies as against the MNC's?
REPLY
I suggest that you call the insurance companies directly and ask for their quotes for Term insurance and Medical Insurance.
You can find their contact numbers in this FAQ:
http://www.tankinlian.com/faq/termd.html
Perhaps, you can share the results of your investigation with me?
I have been reading your blog for sometime now. I was keen to check with you about how NTUC income policies fare as against other insurance companies for life and medical insurance. Does it make sense to invest in NTUC Income policies as against the MNC's?
REPLY
I suggest that you call the insurance companies directly and ask for their quotes for Term insurance and Medical Insurance.
You can find their contact numbers in this FAQ:
http://www.tankinlian.com/faq/termd.html
Perhaps, you can share the results of your investigation with me?
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