Quote:
Originally Posted by retirebatam
The price increase is from (pre-covid) $48 to (post-covid) $70 which is $22
The percentage increase of the two way ticket price is 22/48 x 100% = 46%
46% is very much higher than the inflation rate in singapore that's why the increase does not make sense.
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Notice every time oil price goes from about USD50 to 100+, ferry ticket almost doubles. Oil price comes down, ferry ticket price remains the same. Next time oil price goes up again, ferry ticket almost doubles again. Price is sticky upwards and the increase definitely does NOT make sense (to the passengers, make sense only for the ferry operators). The ferry operators oligopoly is gouging the passengers. Don't know why the authorities not breaking up this collusion by the oligopoly.
Quote:
Originally Posted by retirebatam
While walking at level 1 of BCS mall, accidentally saw one shop selling two way ferry ticket (singapore - batam) at 690k rupiah = 690000/11030 = S$62.50. Therefore cost saving for two way ticket is S$7.50.
But not sure whether it is an open ticket or ticket with expiry date
Generally anything that goes up, must come down.
However, this global inflation has defy the law of physics  |
Years ago, Wavemaster offered a big discount on tickets sold in Batam. I bought a bunch. Shortly after, they moved from Batam Center to Harbour Bay (which just open) and Wavemaster either changed name or taken over. The discount tickets no longer valid and can only be redeemed with a big hair cut! So be careful about buying discount tickets in Batam. The ferry operators are very mercenary!
