MTR fare adjustment mechanism After a thousand entreaties‚ the Hong Kong Government eventually completed its review on the MTR fare adjustment mechanism and decided that new factors be added to the fare computation. When the MTR raises its fare this June‚ the rate will be relatively lower and concessions will be introduced to reward passengers. The series of measures look grandiose; unfortunately their flashy packaging cannot hide the fact that they are merely a Government’s empty show. MTR
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by the Philippine National Railways (PNR)‚ and a rapid transit system operated by the Light Rail Transit Authority and Metro Rail Transit Corporation. Rail transport in the Philippines has been running for over 120 years. The Philippine National Railways is a state-owned railway system in the Philippines‚ organized under the Department of Transportation and Communications (DOTC) as an attached agency. Unlike the two transit system operated by MRT Corporation and LRT Authority‚ PNR has been beset
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:20120607|DOI:V1I1P03 A Fair FARE System Prof. Arth Koeri Research Head – LTL (Information Technology) Arth.K.IT.LTL@gmail.com ABSTRACT As we all know that there is cheating & corruption all around. Top to bottom everyone everywhere looks for the place to earn extra money‚ in better words easy money. Hate to admit this but auto rickshaw meter tampering in India is quite common. The drivers get away with their devious plan because the current meter calculates fare based on the rotations of the
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Germany. After extensive analyses‚ we recommend MTR enter the market. This is because that the large market size and considerable demand for mass rail transit render Berlin a particularly appealing market. More importantly‚ German regulators have lowered the entry barrier of the market. We recommend MTR provide one of the railway operators‚ DB with consultancy services on rail-related services (operation & maintenance) and non-fare business (station retailing and advertising)‚ which
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The quality of MTR services under the current Fare Adjustment Mechanism (FAM) Lo Ka Fai‚ Andrew The University of Hong Kong UID: 3035066182 2014-05-02 1. Introduction The appearance of Fare Adjustment Mechanism When the merger of the Mass Transit Railway (MTR) and Kowloon-Canton Railway (KCR) was conducted in 2007‚ MTR became the only service provider in the railway market. At that moment‚ MTR implemented the fare adjustment mechanism (FAM)‚ which allows the company to
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MTRC forced the public to accept the flats. According to AMA‚ this practice is unethical as MTRC is not responsible for the customers’ needs. In terms of transparency‚ MTRC failed to create a spirit of openness in marketing operations. Although the MTR has already disclosed the number of rail cracks‚ it did not report all the incidents to the public. MTRC only chose to report those cracks which cause service disruptions. For those cracks that did not cause any service disruptions‚ MTRC just reported
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held accountable for any of its actions that affect people‚ their communities‚ and their environment. Actually‚ MTR has been implementation of CSR. Since 1993‚ MTR staff will use their spare time to contribute to society‚ spontaneously organize and participate in volunteer activities. In 2005‚ MTR has also set up a volunteer program‚ to provide support for employees. The the MTR at “railway people‚ railway Heart” volunteers plan to participate in 86 community projects and participate in volunteer
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SWOT Analysis of MTR Corporation Hong Kong Executive Summary Transportation has played a part in human beings affairs over the years. It gave man a change to travel to different places. Transportation also provided man with the capability to transfer his/her goods‚ products‚ materials and belongings from one place to another without experiencing many difficulties. There are many kinds of transportation one of which is the modern railways. A company engaging in railway systems is MTR Corporation. The
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metro system of Hong Kong was going to integrate and be controlled by only one company. In December‚ the merger of two corporations‚ the Mass Transit Railway Corporation(MTR)and the Kowloon–Canton Railway Corporation (KCRC)‚ is completed. The KCR Corporation entitled MTR a service concession to operate the KCR railway system for 50 years (HKSAR government 2006)‚ expanding its market share of Hong Kong public transportation from 25.3% to 41.6% (MTRCL 2007)‚ and sold its properties to the MTR Corporation
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CHAPTER ONE 1. INTRODUCTION 1.1 BACKGROUND The problem of price escalation‚ especially in the construction industry‚ is a worldwide phenomenon‚ and its ripple is normally a source of friction between clients and contractors on the issue of price escalations. If this friction is not properly handled‚ this could stall the progress of work and may subsequently lead to project abandonment and the actual project will suffer with universal inflations of costs. [5]Although the causes of project
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