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Rail operators are government-assisted profit-based corporations, fares and ticketing on Singapore 's Mass Rapid Transit (MRT) system are aimed to break-even or exceed operating expenses. [1][2] Rail operators collect fares based on account-based (ABT) and card-based ticketing options, [3][4] the prices of which are calculated based on the ...
The Electronic Road Pricing (ERP) system is an electronic toll collection scheme adopted in Singapore to manage traffic by way of road pricing, and as a usage-based taxation mechanism to complement the purchase-based Certificate of Entitlement system. There are a total of 93 ERP gantries being built and located throughout the country, along ...
Politics China calls on Myanmar to protect interests of Chinese companies after President Thein Sein halted the controversial Chinese-backed Myitsone Dam project. (Reuters) (Spokesperson's remarks) October 2, 2011 (2011-10-02) (Sunday) edit history watch In horseracing, Danedream wins the Prix de l'Arc de Triomphe with speed record 2:24.49, becoming the second German horse winner since 1975 ...
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Congestion pricing was developed as a first-best solution, based on the assumption that the optimal price of road space equals the marginal cost price if all other goods in the economy are also marginal cost priced. In the real world this is not true, thus, actual implementation of congestion pricing is just a proxy or second-best solution.
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Top speed. 78–100 km/h (48–62 mph) (service) 90–100 km/h (56–62 mph) (design) MRT network map. The Mass Rapid Transit system, locally known by the initialism MRT, is a rapid transit system in Singapore and the island country's principal mode of railway transportation. The system commenced operations in November 1987 after two decades of ...