You may wish to visit this website for better understanding.
SG buses and MRT/LRT are converted to contract models sometime ago.
https://landtransportguru.net/bus/bus-contracting-model/#:~:text=The%20Bus%20Contracting%20Model%20(BCM,public%20bus%20services%20in%20Singapore.& text=With%20the%20Bus%20Service%20Operating,into%20a%20competitive%20tendering%20process.
SG buses and MRT/LRT are converted to contract models sometime ago.
https://landtransportguru.net/bus/bus-contracting-model/#:~:text=The%20Bus%20Contracting%20Model%20(BCM,public%20bus%20services%20in%20Singapore.& text=With%20the%20Bus%20Service%20Operating,into%20a%20competitive%20tendering%20process.
alanllt ( Date: 05-Jul-2020 11:01) Posted:
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I heard from my colleagues that without commuters, they still make money. It is contract rather than fares earn. Is this true ?
Buses, MRT and shopping malls so crowded today
Not bad for today, up 6 cents with Super thin volume. 😅
Well. Far far from what I brought at 323. Think will take ages to climb back to this level. 
it is very stable, i feel.
Bought it at 2.7, happy to wait heheh
Bought it at 2.7, happy to wait heheh
Still red since I brought it. Low volume and Low interest. Nothing excited compare the rest. 
This is a timely reminder for those who forgotten about this counter. Dont forget.
Vacinne race is catching up already.
Vacinne race is catching up already.
My only counter that is red today. Still so crowded. 
Should go till $4 once stable.
look@bright ( Date: 22-Jun-2020 20:34) Posted:
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Public transport usage now at ' 40 per cent of pre-COVID level' : Khaw
Plan to expand MRT network to 360km by early 2030s remains, despite delays due to COVID-19: Khaw Boon Wan
Source CNA.MRT is gearing up for expansion. SBS ridership is also expected to increase to.
DYODD
yup as reported by CNA, ridership for buses and MRT double yesterday and will the numbers countine to soar as we enter into phase 2 
alanllt ( Date: 19-Jun-2020 15:17) Posted:
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Brought some today. Went out for lunch and see public transportation so pack with passengers. 
COVID-19: Phase 2 of reopening to start from Jun 19, social gatherings of up to five persons allowed
ok thanks.. might be slightly correlated to office sector this one. 
Passenger load is getting more by 30% of CB periods. Should be moving up, I guess.
reitsdrz ( Date: 12-Jun-2020 12:52) Posted:
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by right idk if SBS should be affected by all these around, anyone thinks can load? or will slide? two cents?
Wasim_Trade ( Date: 11-Jun-2020 10:38) Posted:
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Looks like going for correction! we may see 2.90 soon then reserse back to 3+ when phase 2 starts...
Laurenpanna ( Date: 02-Jun-2020 12:26) Posted:
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i bought some just for long term
so doesn' t matter. lol
 
so doesn' t matter. lol