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2021-05-14

Wow

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2021-05-13

Ok

Nine contracts worth S$320m awarded for Singapore-Johor RTS Link systems

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charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nine contracts worth S$320m awarded for Singapore-Johor RTS Link systems</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNine contracts worth S$320m awarded for Singapore-Johor RTS Link systems\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 19:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/transport/nine-contracts-worth-s320m-awarded-for-singapore-johor-rts-link-systems><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[SINGAPORE] Nine contracts worth about S$321.7 million have been awarded for system works for the Johor Baru-Singapore Rapid Transit System (RTS) Link, said the rail link's operator - RTS Operations (...</p>\n\n<a href=\"https://www.businesstimes.com.sg/transport/nine-contracts-worth-s320m-awarded-for-singapore-johor-rts-link-systems\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.businesstimes.com.sg/transport/nine-contracts-worth-s320m-awarded-for-singapore-johor-rts-link-systems","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102970767","content_text":"[SINGAPORE] Nine contracts worth about S$321.7 million have been awarded for system works for the Johor Baru-Singapore Rapid Transit System (RTS) Link, said the rail link's operator - RTS Operations (RTSO).\nIn an update on Wednesday (May 12), the operator, a joint venture between Singapore rail operator SMRT and Malaysia's public transport firm Prasarana, said these system works are \"progressing well\".\nIt did not specify when these contracts were awarded.\nFour of the contracts were for core systems, with Chinese firm CRRC Zhuzhou Locomotive taking charge of the rail link's rolling stock and the Malaysian subsidiary of Siemens Mobility handling the signalling system and platform screen doors.\nAnother Malaysian firm, Sapura Rail Systems, was awarded contracts to set up the communications system and the integrated supervisory control system.\nThe remaining five contracts are for track work, power supply systems, depot equipment and service vehicles, as well as an automatic fare collection system.\nThe firm said it had earlier awarded a systems consultancy contract for the design, manufacturing, delivery, testing and commissioning of all systems for the RTS Link, which will connect Woodlands North with Bukit Chagar in Johor Baru.\nRTSO chief executive, Mr Shamsul Rizal Md Yusof, said: \"We are pleased with the outcome of the tender exercise. There is a good mix of local and international players working together to make the RTS Link a success.\" RTSO chairman, Datuk Mohd Farid Mohd Adnan, said the firm is fully committed to delivering the RTS project despite the challenges posed by the Covid-19 pandemic. Vice-chairman Yap Kim Wah said the good progress made on the project is a testament to the close collaboration among all parties.\nRTSO was formed last year and will own, design, build, finance and manage all RTS Link operating assets, including trains, tracks and systems.\nThe Singapore-incorporated company will also operate and maintain the 4km rail line and the associated Wadi Hana depot in Johor Baru.\nThe latest update comes several months after Singapore broke ground on the Woodlands North terminus station in January, and the Land Transport Authority awarded a S$180 million contract to build a 25m-tall viaduct and rail tunnels for the RTS Link.\nConstruction on the viaduct, which will span the Johor Strait, and the tunnels were expected to begin this quarter. Construction on the Bukit Chagar terminus station had begun last November.\nWhen completed in end-2026, the RTS Link is expected go some way towards easing congestion on the Causeway. Before Covid-19 restrictions were imposed, close to 300,000 people crossed the Causeway daily.\nThe rail link is expected to carry up to 10,000 passengers every hour in each direction, and the trip between both terminus stations should take only five minutes.\nCommuters departing from Woodlands North will be served by a terminus station and an immigration complex about 10 times the size of a typical MRT station.\nAnnounced in 2010, the bilateral project was suspended in 2019 at the request of Malaysia which wanted to review its scope, structure and costs. It officially resumed in July last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":198839551,"gmtCreate":1620950067673,"gmtModify":1634195092930,"author":{"id":"3583990679573923","authorId":"3583990679573923","name":"RMAR","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583990679573923","idStr":"3583990679573923"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/198839551","repostId":"1143623731","repostType":4,"repost":{"id":"1143623731","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620947790,"share":"https://www.laohu8.com/m/news/1143623731?lang=&edition=full","pubTime":"2021-05-14 07:16","market":"us","language":"en","title":"Disney+ subscriber growth is slowing like Netflix's — with one worrisome difference","url":"https://stock-news.laohu8.com/highlight/detail?id=1143623731","media":"Tiger Newspress","summary":"Disney reported 103.6 million Disney+ customers as of April 3. Analysts had projected 109 million.Di","content":"<ul><li>Disney reported 103.6 million Disney+ customers as of April 3. Analysts had projected 109 million.</li><li>Disney's disappointing subscriber additions resemble Netflix's last quarter.</li><li>But Disney charges far less for Disney+ than Netflix charges its average customer, making slowing growth more worrying if it continues.</li></ul><p>Disneyseems to have picked up a bit ofNetflix-itis.</p><p>Just as Netflix added fewer than 4 million global subscribers in the first quarter, disappointing investors, Disney announced it now has 103.6 million Disney+ subscribers, far less than the109 million estimated by analysts.Disney shares slumped about 4% in after-hours trading.</p><p><img src=\"https://static.tigerbbs.com/82adc791025ad718eb7be25366aeb1f9\" tg-width=\"1283\" tg-height=\"612\" referrerpolicy=\"no-referrer\"></p><p>Superficially, both Disney and Netflix can explain away the disappointing growth by citing the surge in viewers earlier in the pandemic. The logic is simple: Far more people signed up for Disney+ and Netflix in the first six months of the pandemic than the companies had counted on. Given the surge, it's only natural that growth would pull back to more \"normal\" levels as the pandemic winds down.</p><p>Further, both Disney and Netflix can safely assume that subscriber growth will accelerate in the second half of the year as show production begins again in earnest and high-profile content — such as \"Loki\" and \"Luca\" for Disney — comes to streaming video later this year.</p><p>But there's one significant difference between the two companies where Disney falls far short: average revenue per user.</p><p>Disney+'s average revenue per user, excluding India's Hotstar, was $5.61 per month. Netflix's ARPU last quarter in the U.S. and Canada was $14.25 per month — up 9% from a year ago.</p><p>If you're going to have slumping growth, you want your customers paying as much as possible. Disney's Hulu subscription video on-demand service has higher ARPU — $12.08 per month — but its growth was negligible, up just 2 cents per month from a year ago. Hulu has 37.8 million subscribers, which rises to 41.6 million when including those who also purchase live TV.</p><p>None of this is particularly concerning yet for Disney Chief Executive Officer Bob Chapek, who noted \"every single market has exceeded expectations\" in terms of global subscriber additions. He also pointed out that Disney is still expanding to new countries, with Malaysia and Thailand coming in June.</p><p>But Disney+ has vaulted into the streaming big leagues. In 2020, the logical comparison for Disney+ wasHBO Max,Peacockand other new media streaming services.</p><p>Given Disney's success, this year's comparison will be Netflix. Disney has already projected 230 million to 260 million subscribers by 2024. That's Netflix-land. Netflix has about 208 million customers.</p><p>Netflix has been able to raise prices gradually over the years without stopping global growth. Disney may be able to do the same — but the stark differences in ARPU between the two companies illustrate the long road ahead.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Disney+ subscriber growth is slowing like Netflix's — with one worrisome difference</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDisney+ subscriber growth is slowing like Netflix's — with one worrisome difference\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-14 07:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Disney reported 103.6 million Disney+ customers as of April 3. Analysts had projected 109 million.</li><li>Disney's disappointing subscriber additions resemble Netflix's last quarter.</li><li>But Disney charges far less for Disney+ than Netflix charges its average customer, making slowing growth more worrying if it continues.</li></ul><p>Disneyseems to have picked up a bit ofNetflix-itis.</p><p>Just as Netflix added fewer than 4 million global subscribers in the first quarter, disappointing investors, Disney announced it now has 103.6 million Disney+ subscribers, far less than the109 million estimated by analysts.Disney shares slumped about 4% in after-hours trading.</p><p><img src=\"https://static.tigerbbs.com/82adc791025ad718eb7be25366aeb1f9\" tg-width=\"1283\" tg-height=\"612\" referrerpolicy=\"no-referrer\"></p><p>Superficially, both Disney and Netflix can explain away the disappointing growth by citing the surge in viewers earlier in the pandemic. The logic is simple: Far more people signed up for Disney+ and Netflix in the first six months of the pandemic than the companies had counted on. Given the surge, it's only natural that growth would pull back to more \"normal\" levels as the pandemic winds down.</p><p>Further, both Disney and Netflix can safely assume that subscriber growth will accelerate in the second half of the year as show production begins again in earnest and high-profile content — such as \"Loki\" and \"Luca\" for Disney — comes to streaming video later this year.</p><p>But there's one significant difference between the two companies where Disney falls far short: average revenue per user.</p><p>Disney+'s average revenue per user, excluding India's Hotstar, was $5.61 per month. Netflix's ARPU last quarter in the U.S. and Canada was $14.25 per month — up 9% from a year ago.</p><p>If you're going to have slumping growth, you want your customers paying as much as possible. Disney's Hulu subscription video on-demand service has higher ARPU — $12.08 per month — but its growth was negligible, up just 2 cents per month from a year ago. Hulu has 37.8 million subscribers, which rises to 41.6 million when including those who also purchase live TV.</p><p>None of this is particularly concerning yet for Disney Chief Executive Officer Bob Chapek, who noted \"every single market has exceeded expectations\" in terms of global subscriber additions. He also pointed out that Disney is still expanding to new countries, with Malaysia and Thailand coming in June.</p><p>But Disney+ has vaulted into the streaming big leagues. In 2020, the logical comparison for Disney+ wasHBO Max,Peacockand other new media streaming services.</p><p>Given Disney's success, this year's comparison will be Netflix. Disney has already projected 230 million to 260 million subscribers by 2024. That's Netflix-land. Netflix has about 208 million customers.</p><p>Netflix has been able to raise prices gradually over the years without stopping global growth. Disney may be able to do the same — but the stark differences in ARPU between the two companies illustrate the long road ahead.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","DIS":"迪士尼"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143623731","content_text":"Disney reported 103.6 million Disney+ customers as of April 3. Analysts had projected 109 million.Disney's disappointing subscriber additions resemble Netflix's last quarter.But Disney charges far less for Disney+ than Netflix charges its average customer, making slowing growth more worrying if it continues.Disneyseems to have picked up a bit ofNetflix-itis.Just as Netflix added fewer than 4 million global subscribers in the first quarter, disappointing investors, Disney announced it now has 103.6 million Disney+ subscribers, far less than the109 million estimated by analysts.Disney shares slumped about 4% in after-hours trading.Superficially, both Disney and Netflix can explain away the disappointing growth by citing the surge in viewers earlier in the pandemic. The logic is simple: Far more people signed up for Disney+ and Netflix in the first six months of the pandemic than the companies had counted on. Given the surge, it's only natural that growth would pull back to more \"normal\" levels as the pandemic winds down.Further, both Disney and Netflix can safely assume that subscriber growth will accelerate in the second half of the year as show production begins again in earnest and high-profile content — such as \"Loki\" and \"Luca\" for Disney — comes to streaming video later this year.But there's one significant difference between the two companies where Disney falls far short: average revenue per user.Disney+'s average revenue per user, excluding India's Hotstar, was $5.61 per month. Netflix's ARPU last quarter in the U.S. and Canada was $14.25 per month — up 9% from a year ago.If you're going to have slumping growth, you want your customers paying as much as possible. Disney's Hulu subscription video on-demand service has higher ARPU — $12.08 per month — but its growth was negligible, up just 2 cents per month from a year ago. Hulu has 37.8 million subscribers, which rises to 41.6 million when including those who also purchase live TV.None of this is particularly concerning yet for Disney Chief Executive Officer Bob Chapek, who noted \"every single market has exceeded expectations\" in terms of global subscriber additions. He also pointed out that Disney is still expanding to new countries, with Malaysia and Thailand coming in June.But Disney+ has vaulted into the streaming big leagues. In 2020, the logical comparison for Disney+ wasHBO Max,Peacockand other new media streaming services.Given Disney's success, this year's comparison will be Netflix. Disney has already projected 230 million to 260 million subscribers by 2024. That's Netflix-land. Netflix has about 208 million customers.Netflix has been able to raise prices gradually over the years without stopping global growth. Disney may be able to do the same — but the stark differences in ARPU between the two companies illustrate the long road ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191788325,"gmtCreate":1620907963567,"gmtModify":1634195397620,"author":{"id":"3583990679573923","authorId":"3583990679573923","name":"RMAR","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3583990679573923","idStr":"3583990679573923"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/191788325","repostId":"1102970767","repostType":4,"repost":{"id":"1102970767","kind":"news","pubTimestamp":1620907015,"share":"https://www.laohu8.com/m/news/1102970767?lang=&edition=full","pubTime":"2021-05-13 19:56","market":"sg","language":"en","title":"Nine contracts worth S$320m awarded for Singapore-Johor RTS Link systems","url":"https://stock-news.laohu8.com/highlight/detail?id=1102970767","media":"The Straits Times","summary":"[SINGAPORE] Nine contracts worth about S$321.7 million have been awarded for system works for the Jo","content":"<div>\n<p>[SINGAPORE] Nine contracts worth about S$321.7 million have been awarded for system works for the Johor Baru-Singapore Rapid Transit System (RTS) Link, said the rail link's operator - RTS Operations (...</p>\n\n<a href=\"https://www.businesstimes.com.sg/transport/nine-contracts-worth-s320m-awarded-for-singapore-johor-rts-link-systems\">Web Link</a>\n\n</div>\n","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNine contracts worth S$320m awarded for Singapore-Johor RTS Link systems\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 19:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/transport/nine-contracts-worth-s320m-awarded-for-singapore-johor-rts-link-systems><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[SINGAPORE] Nine contracts worth about S$321.7 million have been awarded for system works for the Johor Baru-Singapore Rapid Transit System (RTS) Link, said the rail link's operator - RTS Operations (...</p>\n\n<a href=\"https://www.businesstimes.com.sg/transport/nine-contracts-worth-s320m-awarded-for-singapore-johor-rts-link-systems\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.businesstimes.com.sg/transport/nine-contracts-worth-s320m-awarded-for-singapore-johor-rts-link-systems","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102970767","content_text":"[SINGAPORE] Nine contracts worth about S$321.7 million have been awarded for system works for the Johor Baru-Singapore Rapid Transit System (RTS) Link, said the rail link's operator - RTS Operations (RTSO).\nIn an update on Wednesday (May 12), the operator, a joint venture between Singapore rail operator SMRT and Malaysia's public transport firm Prasarana, said these system works are \"progressing well\".\nIt did not specify when these contracts were awarded.\nFour of the contracts were for core systems, with Chinese firm CRRC Zhuzhou Locomotive taking charge of the rail link's rolling stock and the Malaysian subsidiary of Siemens Mobility handling the signalling system and platform screen doors.\nAnother Malaysian firm, Sapura Rail Systems, was awarded contracts to set up the communications system and the integrated supervisory control system.\nThe remaining five contracts are for track work, power supply systems, depot equipment and service vehicles, as well as an automatic fare collection system.\nThe firm said it had earlier awarded a systems consultancy contract for the design, manufacturing, delivery, testing and commissioning of all systems for the RTS Link, which will connect Woodlands North with Bukit Chagar in Johor Baru.\nRTSO chief executive, Mr Shamsul Rizal Md Yusof, said: \"We are pleased with the outcome of the tender exercise. There is a good mix of local and international players working together to make the RTS Link a success.\" RTSO chairman, Datuk Mohd Farid Mohd Adnan, said the firm is fully committed to delivering the RTS project despite the challenges posed by the Covid-19 pandemic. Vice-chairman Yap Kim Wah said the good progress made on the project is a testament to the close collaboration among all parties.\nRTSO was formed last year and will own, design, build, finance and manage all RTS Link operating assets, including trains, tracks and systems.\nThe Singapore-incorporated company will also operate and maintain the 4km rail line and the associated Wadi Hana depot in Johor Baru.\nThe latest update comes several months after Singapore broke ground on the Woodlands North terminus station in January, and the Land Transport Authority awarded a S$180 million contract to build a 25m-tall viaduct and rail tunnels for the RTS Link.\nConstruction on the viaduct, which will span the Johor Strait, and the tunnels were expected to begin this quarter. Construction on the Bukit Chagar terminus station had begun last November.\nWhen completed in end-2026, the RTS Link is expected go some way towards easing congestion on the Causeway. Before Covid-19 restrictions were imposed, close to 300,000 people crossed the Causeway daily.\nThe rail link is expected to carry up to 10,000 passengers every hour in each direction, and the trip between both terminus stations should take only five minutes.\nCommuters departing from Woodlands North will be served by a terminus station and an immigration complex about 10 times the size of a typical MRT station.\nAnnounced in 2010, the bilateral project was suspended in 2019 at the request of Malaysia which wanted to review its scope, structure and costs. It officially resumed in July last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}