Transport & Logistics
Grab narrows 1Q24 losses by 54% YoY, boosts FY24 earnings outlook
Loss for the period was US$115m.
3 days ago
Grab narrows 1Q24 losses by 54% YoY, boosts FY24 earnings outlook
Loss for the period was US$115m.
3 days ago
Higher revenue drives SBS profit up 7.5% YoY in 1Q24
Revenue for the period was 6.6% YoY higher.
4 days ago
Strong operations lift ComfortDelGro's profit by 23.8% YoY
Profit after taxation and minority interest for the period was $40.6m.
4 days ago
SingPost and Lithuania Post enhance collaboration in postal and delivery services
The agreement will focus on four areas.
4 days ago
Porsche Experience Centre coming to Singapore in 2027
The Singapore centre will be the 11th worldwide.
6 days ago
SingPost transition lifts FY23/24 net profit to $81.5m
NPI rose 110.2% YoY.
New bill passed to safeguard Singapore's transport sector
This is in response to evolving threats including the possibility of malicious interference.
Robust demand and expansion boost Beam's 2023 revenue by 36%
The company eyes entering more markets this year.
SIA taps WebCargo to expand cargo services
The partnership opens access to more markets, especially in Asia-Pacific.
Motorists fain flexibility in ERP unit placement
The enhancements follow motorist complaints about safety.
ST Engineering names new group COO
Jeffrey Lam’s new post is concurrent with his role as president of the commercial aerospace unit.
LTA awards ST Engineering $175m contracts for bus fleet upgrades
The company expects to complete modernisation works by 2027.
ST Eng’g bags $175m contracts with LTA to modernise bus system
The upgrades will cover 5,800 public buses and will be completed by 2027.
Strides Premier enhances routing with Autofleet tech
The Singaporean taxi operator will utilise Autofleet’s platform to improve route planning and dispatching.
BMW Group Asia's Singapore Sales Surge in 1Q24
In 1Q24, the group's premium segment reported a 51.5% YoY increase in sales.
SINGAUTO secures $61.2m funding for global expansion plans
The company will begin mass production of the S1 new energy cold chain vehicle to deliver over 20,000 units by 2025.
ComfortDelGro taps DBS to accelerate UK green bus shift
The transportation company purchased 135 electric buses with the green loan.
Commentary
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