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The Electronic Road Pricing ( ERP) system is an electronic toll collection scheme adopted in Singapore to manage traffic by way of road pricing, and as a usage-based taxation mechanism to complement the purchase-based Certificate of Entitlement system. There are a total of 93 ERP gantries being built and located throughout the country, along ...
Rail operators are government-assisted profit-based corporations, fares and ticketing on Singapore 's Mass Rapid Transit (MRT) system are aimed to break-even or exceed operating expenses. [ 1][ 2] Rail operators collect fares based on account-based (ABT) and card-based ticketing options, [ 3][ 4] the prices of which are calculated based on the ...
Congestion pricing is a concept from market economics regarding the use of pricing mechanisms to charge the users of public goods for the negative externalities generated by the peak demand in excess of available supply. Its economic rationale is that, at a price of zero, demand exceeds supply, causing a shortage, and that the shortage should ...
The Singapore Area Licensing Scheme ( ALS ), ( Malay : Skim Perlesenan Kawasan Singapura) was a road pricing scheme introduced from 1975 to 1998 that charged drivers who were entering downtown Singapore, and thereby aimed to manage traffic demand. This was the first urban traffic congestion pricing scheme to be successfully implemented in the ...
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List of countries by tariff rate. This is a list of countries by tariff rate. The list includes sovereign states and self-governing dependent territories based upon the ISO standard ISO 3166-1. Import duty refers to taxes levied on imported goods, capital and services. The level of customs duties is a direct indicator of the openness of an ...
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