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News Forum - Cabinet sets aside over 5 billion baht to improve Bangkok’s public transportation


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Yesterday, the two biggest transportation groups in Thailand, Bangkok Mass Transit Organisation (BMTA) and the State Railway of Thailand (SRT), received subsidies from the Cabinet to cope with the loss as well as increase their liquidity. A total of 5 billion baht was given, with 2.28 billion going to BMTA and 3.38 billion going to SRT. The Cabinet has also directed the two organisations to look for methods to reduce their dependence on government subsidies while also increasing revenue and lowering costs. The BMTA has stated that it will speed up the drafting of a business rehabilitation plan in line […]

The story Cabinet sets aside over 5 billion baht to improve Bangkok’s public transportation as seen on Thaiger News.

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3 hours ago, Thaiger said:

A total of 5 billion baht was given, with 2.28 billion going to BMTA and 3.38 billion going to SRT.

2.28 billion baht + 3.38 billion baht = 5.66 billion baht . . . only 13.2% more than the 5 billion that was given, but what does that little number amount to in everyday spending terms? 660 million baht . . . that's all.

Lousy Maths education, maybe, but however BMTA and SRT look at it, it's one hell of a lot of improvements that they're not gonna get.

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