Transport & Logistics
Transport and storage services total value added down 20% in 2009
While total operating receipts generated by the transport and storage services industry is 16.2% lower compared with 2008.
Transport and storage services total value added down 20% in 2009
While total operating receipts generated by the transport and storage services industry is 16.2% lower compared with 2008.
Water transport services profitability ratio down 12.7% in 2009
Earnings-Expenditure Ratio of the transport and storage services industry decreased to 16.4% in 2009 from 21.1% in 2008.
ST Electronics vows to speed up fare collection in Thai trains
The subgroup of ST Engineering will supply Bangkok’s Sukhumvit Train Line with an Automatic Fare Collection System (AFCS) and will be used in five...
SingPost sees service delays in the US behind security measures
The company advises customers to post their items earlier, especially on holiday season.
ComfortDelGro third quarter profit up 10.4% to $61mln
Revenue increased 5.2% to $823.4mln with increases coming from almost all business segments as overseas businesses accounted for 42.5% of total...
SingPost second quarter profit down 2.5% to S$39.5mln
The Group’s total expenses up 10.3% to S$104.1mln even as its revenue surged 5.6% to S$137.6mln.
ComfortDelGro offer declared unconditional
All conditions in the Bidders Statement have been fulfilled and the compulsory acquisition process for Swan Taxis will begin.
Singapore to invest $44bln to double rail network
Present rail network not enough for Singapore's growing population currently at around 5mln.
Chasen Holdings bagged RMB60 mln worth of relocation projects
Relocation specialist expands in Nanjing and Beijing, China with two joint ventures.
Marco Polo Marine snaps US$15.5 mln shipment contract
The integrated marine logistics group will take charge of the shipment of coal from Sumatra, Indonesia to West Malaysia.
UPS appoints Greg Carstens Managing Director UPS Singapore
Experience in Asian operations including leadership during Thailand and Myanmar crisis times earned him post.
Panalpina inaugurates oil and gas logistics facility in Singapore
Singapore key strategic centre for company to sustain its growing market share in the trans-Pacific route. Panalpina World Transport (S) Pte Ltd., a...
ComfortDelGro profit up 1.6% to $58.2mln
Group said growth would have been stronger had $15.2mln negative foreign currency translation effect is lower.
Sinwa to raise S$15.34 million in rights issue
he marine supply and logistics player will issue up to 111,155,932 new Rights Shares at S$0.138 per share to increase capital base.
CWT Commodities has no intention to sell firm
Company maintains independence despite news of planned sale of two warehousing firms' sale
CapitaLand completes acquisitions for Hersing JV
CapitaLand Limited announced that the acquisitions of the Properties by the Property Holding Companies from StorHub Self Storage Pte Ltd were...
SMRT rail ridership up 12.3% in June
Increased connectivity of public transport and high costs of car ownership boosted ridership growth.
Commentary
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