Transport & Logistics
SingPost second quarter profit down 22.5% to S$30.6mn
The group recorded higher revenues but lower profits from higher operating costs and investments in growth.
SingPost second quarter profit down 22.5% to S$30.6mn
The group recorded higher revenues but lower profits from higher operating costs and investments in growth.
OKP Holdings’ $433m order book to grow ‘mega jobs’ up for grabs
The company earned S$4.9m in Q3 despite a 30% revenue slump.
SGX queries Grand Banks Yachts’ controversial director
Mr Robert William Livingston II still holds directorship despite majority vote against his re-election, and SGX is concerned.
Busted: SMRT fined $200,000 for security breach
Investigations by LTA found that SMRT had failed to exercise the due diligence and vigilance expected of a public transport operator.
Enough of the cars! Unless you want more vehicles than roads to drive them on
You may want to think twice about buying that second car as LTA aims to cut down annual vehicle population growth amidst average annual road growth...
LTA to enhance MRT connectivity
And no more sweating at elevated MRT stations upon installation of fans.
SMRT’s revenue may jump 4.9% to S$258m in 2Q12
OCBC expects SMRT’s ridership levels to surge in the coming years as the government is planning to reduce vehicle growth rates.
Station locations of Eastern Region Line may remain unknown next year
Construction schedule of the MRT line until 2020 was announced three years ago but to date a spokesman from the Ministry of Transport (MOT) reports...
BMW’s Efficient Dynamics “On the Run”
BMW Asia recently announced its co-sponsorship of the upcoming Standard Chartered Marathon in Singapore. BMW along with the Singapore Sports Council...
Energy costs to derail SMRT’s gains from ridership?
This as final two stages of the Circle Line start operations on 8 October 2011.
Target growth rate for cars to be cut further
Singapore would further cut its cap growth rate for the number of vehicles on the roads next year, Transport Minister Lui Tuck Yew said.
SingPost appoints Dr Wolfgang Baier as Group CEO
The current Chief Executive Officer (International) has also been appointed Board Director.
Singapore Post appoints Ng Hin Lee as Group Chief Financial Officer
Ng was the group’s CEO for Postal and Corporate Services before the appointment.
Pteris Global takes over AeroMobiles
The acquisition to enable the company to expand its product range to its global customer base.
Midas’ railway investments plunge 54% to RMB35b in August
It’s share price has come off 7% since August, as it continues to be weighed down by negative news flows in September.
ComfortDelGro to incur losses before reaping rewards of DTL
Analyst pointed out that it took the North East Line three years before becoming profitable.
Keppel T&T expands with first port project in China
The company has signed a joint venture agreement with Sinotrans to operate a river port along Yangtze River, which is a major trade route in China.
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