Transport & Logistics
Neptune Orient appoints Glenn as APL president
Kenneth Glenn is currently the head of APL's north Asia region. Neptune Orient Lines named Kenneth Glenn as president of its APL unit after...
Neptune Orient appoints Glenn as APL president
Kenneth Glenn is currently the head of APL's north Asia region. Neptune Orient Lines named Kenneth Glenn as president of its APL unit after...
President of NOL’s shipping business resigns
APL President Eng Aik Meng is said to be leaving to take a new position outside the transportation industry.
Good morning Vietnam: SingPost buys 30% stake in Indo Trans Logistics Corporation
The postal company’s investment provides springboard into Vietnam and Indo-China market.
NOL sinking along with shipping rates
First it was rising fuel costs, now it’s the consistent fall in shipping rates that’s causing trouble to the company that lost $10 million in the...
The wheels on the bus go round and green: SMRT to develop electric buses and taxis
SMRT will be in talks with China-based BYD to sell and distribute electric vehicles for better air quality, says DMG, citing a report in the Business...
SingPost launches online luxury store
Clout Shoppe is positioned to serve the fast-growing market of internet-savvy consumers.
ICTSI stumps others with takeover bid for Portek
The offer is said to be at a 69 percent premium to market prices.
NOL shares big index loser: report
Demand for container shipping could drop amidst slowdown in economic activity.
NOL makes virgin investment in Chinese terminal
Neptune Orient Lines will invest $25.8 million in a joint venture to operate a two-berth container terminal at the port of Qingdao.
SingPost takes full control of DataPost
For S$6 million, SingPost acquired the remaining 30% stake in DataPost to further develop its hybrid mail business in the region.
NOL still taking on losses, US$10mln sunk in the first quarter
Still, it's an improvement from the US$98 million lost during the same period in 2010, but shows the shipper still has work to do to right its...
SMRT to invest S$300mln for fleet expansion in 2012
The acquisition of 17 new trains is part of the huge capex the transportation services company will undertake next year.
SingPost FY11 net profit down 2.4%
The company's earnings shrunk to S$161.0mln despite a 7.7% rise in revenue to S$565.5mln.
ComfortDelGro invests $31.2mn in third driving school in China
CD has acquired a new site in Liangjjang New Business District, Western China to establish its third driving school.
Mapletree scores third property in Korea
The acquisition of Iljuk Gyeonggo Centre from Iljuk Gyeonggo Logistics was for a consideration of $25.5 million.
Singapore Airlines to raise fuel fee
Singapore Airlines Ltd. will raise fuel surcharges for its flights after jet fuel prices increased more than 30 percent since the beginning of the...
Iskandar-Singapore Rapid Transport system link gets go ahead
Additional cross border bus services between Singapore and Iskandar Malaysia have been approved and are being implemented.
Commentary
Singapore Companies Eye Vietnam to Navigate Manufacturing Shifts, Green Transition, and the AI Revolution
AI is revolutionising learning: Why should educational institutions in Singapore embrace this change?