In spite of this development, there will still be some of our countrymen who will need to purchase single journey tickets every time, not because they want to be inconvenienced all the time, but because that’s all they can afford, or that they were used to the sachet economy mindset.
The government argues that it needs the extra funds to be able to improve the system further. Likewise, some new trains are expected to arrive at various parts of 2015 to supposedly improve the service. The public meanwhile is not too keen on a fare hike as they want to see the improvements first before paying for it. So who shall win?
Viya is lodged as an asset and a liability in my personal SALN. The asset side, which is the car value, I depreciate regularly (I read somewhere that normally, cars depreciate 20% in price by year 1, 10% for years 2 to 6 and 5% for years 7 to 10. Which leaves you 10% salvage value by year 10).